Complete a loan costing sheet


Assignment Task: Using the information contained in the Scenario attached, please complete the following 6 tasks. You must complete each task in order for your submission to be assessed. 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 recommendation.

2. List the supporting documents that would be needed to support the loan.

3. Complete a loan costing sheet.

4. Complete a loan servicing calculation (NSR).

5. Download and complete the FHOG application form that is relevant to your state/territory, from the internet (or print from Appendix 15).

6. 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.

Note - Need the help for question no.1 and no.2.

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Finance Basics: Complete a loan costing sheet
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