Highlights
Task 1
For this task you are to create a portfolio of key lending products available in the finance and mortgage industry and the key products and services provided by different lenders in the industry. You must also include information and explanations of the loan application process. Your portfolio will need to be categorised and presented in a professional format.
Task 2
Explain the accounting and mathematical formulas to calculate each of the following:
Interest rates
Mortgage repayments
Term of loan
Task 3
Identify and describe the current government assistance for each of the following:
First home buyers
Disadvantaged or low income earners
Task 4
Outline the risk factors associated with borrowing.
Task 5
Identify and describe the key features of at least two different presentation techniques, including technology supported presentations.
Task 6
Explain the features of relevant codes of practice in regards to disclosure and the features and applications of relevant fees, charges and commissions.
Task 7
Describe the process of negotiation with clients.
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