Highlights
Task
Using the information contained in the Scenario below, please complete the following 6 tasks. You must complete each task in order for your submission to be assessed. The omission of any one of these 6 tasks will be regarded as Not Yet Competent and you will then be required to resubmit this assessment in full.1. Recommend a product for the clients and explain your reasons for the recommendation
1. List the supporting documents that would be needed to support the loan
2. Complete a loan costing sheet
3. Complete a loan servicing calculation (NSR)
4 Download and complete the FHOG application form that is relevant to your state/territory, from the internet (or print from Appendix 15)
5. Complete a loan application form (a blank Westpac loan application form has been provided for you which you should use) and complete all of the accompanying documents as provided for you
1. Recommend a product for the clients and explain your reasons for the recommendation
2. List the supporting documents that would be needed to support the loan application. Even though there may be a checklist in the lender’s application form, you must list the documents separately below.
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