Brokerage request template

Mortgage broker authority signing request template

A borrower's signed authority allowing a mortgage broker to deal with lenders and obtain information to progress a loan application.

Send a mortgage broker authority request Browse all templates

What is a mortgage broker authority?

A mortgage broker authority is a document in which a borrower or applicant authorises their broker to act on their behalf with lenders, request product and account information, and submit or progress a loan application. It sets out what the broker can do, the lenders or products it covers, and the borrower's consent to have their financial information collected and shared. Lenders commonly require this before they will engage with a broker about a borrower's file.

For a brokerage, the authority is what unlocks the application process and lets the broker speak to lenders without delay at each step. It also documents the borrower's consent for privacy purposes and gives the firm evidence of its mandate if a question arises later. A signed authority on file keeps applications moving and protects both the broker and the borrower.

When to use a mortgage broker authority

Starting a new home or investment loan application for a borrower
Authorising the broker to approach multiple lenders for comparison
Refinancing, where the broker needs to deal with current and new lenders
Renewing an authority that has expired before the application completes

What to include in a mortgage broker authority

Parties: full names of the borrower or applicants and the broker or brokerage.
Scope: the lenders, products, or application the broker is authorised to act on.
Information consent: permission to obtain and disclose financial and credit details.
Duration: the period the authority is valid and how it can be revoked.
Signatures: each borrower signs and dates to confirm they grant the authority.

Pros and cons of sending a mortgage broker authority as a signing request

Pros

Send each borrower a private link instead of emailing sensitive forms around
Track opens and signatures so you know the application can proceed
Add co-applicants as separate signers and see who has signed
Reminders prompt borrowers to sign so applications are not held up

Cons and things to watch

A signing tool confirms consent but does not check lender-specific requirements
Some lenders may need their own authority form in addition to yours
An expired or out-of-date authority can stall an application mid-process
Tracking signatures does not verify the financial information itself is accurate

How to send a mortgage broker authority with Cosign

Upload the broker authority and preview it to confirm lender scope and applicant names are correct before sending.
Add each borrower or co-applicant as a signer and explain why the authority is needed to progress the loan.
Set a 14-day expiry and apply password protection given the financial details involved.
Send the private links, track status as each borrower signs, then store the completion receipt with the file.

Mortgage broker authority request details

Email subject

Mortgage broker authority request

Default message

Please review and sign this broker authority so the application can progress.

Signer setup

Borrower or applicant

Suggested expiry

14 days

Button label

Sign broker authority

Best fit

Brokerage teams

Mortgage broker authority FAQs

Is an electronically signed mortgage broker authority valid in Australia?

Electronic signatures are generally recognised under Australian electronic transactions law where the signer's intent and identity can be demonstrated and the method is reliable. Some lenders may still require a specific form or wet signature, so confirm their requirements. This is general information, not legal advice.

Can multiple borrowers sign the same authority?

Yes. You can add each borrower or co-applicant as a separate signer on the request, and Cosign tracks who has signed and who is outstanding. This is useful for joint applications where every applicant must authorise the broker.

Is the authority kept private and away from search engines?

Yes. The document is sent as a private link to the named borrowers only and is not indexed by search engines. No one without the link can access it.

How will I know the borrower has actually signed?

Cosign updates the status as the borrower opens, previews, and signs the authority. Once signed, you receive a completion receipt you can keep on the application file.

What if the application takes longer than the authority's expiry?

If the signing link expires before it is signed, simply send a fresh request. For an authority that has already been signed, follow your usual practice for renewing consent if the application runs long.