FNS40815 CERTIFICATE IV IN FINANCE AND MORTGAGE BROKING | Reliable Papers

FNS40815 CERTIFICATE IV IN FINANCE AND MORTGAGE BROKING – ASSESSMENT TASKS Page 1© Copyright 2019 The National Finance Institute V.110319EXERCISE 1To be completed by the TraineeYou must include this page with your Exercise 1 submissionAlternatively you can retype the details as a front page to your ExerciseTrainee name _________________________________________________________________________ Trainee Postal Address______________________________________________________________________________________________________________________________Trainee Daytime Phone numbers __________________________________________________________Trainee Email address_________________________________________________________________ I state that this Exercise contains no material which has been written by another person. I make thisstatement with the understanding that my assessment may be compromised if found to be otherwise.Signed _____________________________________________ Date __________________________Submissions can be mailed to NFI, P.O. Box 1354, Capalaba B.C. Qld 4157 OREmail to assessments@financeinstitute.com.au (if emailing you must adhere to the emailing size rules)OFFICE USE ONLY BELOW HEREDate received by NFI ____________________ Date received by Assessor ______________________Name of Assessor ______________________________________________________________________Date assessed ____________________________ Mark ____________________ CompetentNot Yet Competent Assessor’s Comments: ……………………………………………………………………………………………………………………………………………………………………………………………………………..……………………………………………………………………………………………………………………..……………………………………………………………………………………………………………………..Further action required (if applicable) ______________________________________________________FNS40815 CERTIFICATE IV IN FINANCE AND MORTGAGE BROKING – ASSESSMENT TASKS Page 2© Copyright 2019 The National Finance Institute V.110319FNS40815 CERTIFICATE IV IN FINANCE AND MORTGAGE BROKING – ASSESSMENT TASKS Page 3© Copyright 2019 The National Finance Institute V.110319EXERCISE 1ScenarioA potential first home buyer phones and asks you to explain the various loan options available tothem and the benefits and disadvantages of each one. They make mention of “no-frills loans”,professional packages, lines of credit and honeymoon rates, so you must cover these 4 optionsin your answer as a minimum.TaskTotal marks possible 50Write or type a “script” to be used in response to this enquiry that clearly explains the variousloan options available and the benefits and disadvantages of each one.– You do not need to improvise further comments from your first home buyer– You must incorporate at least one selling message at the end of your script– Keep your script to 500 words maximum.We encourage you to type your script, however you may handwrite if you do not have access toa computer.NOTE: Assume for the purpose of this assessment task that you will focus on answering thespecific question, rather than following a prospect sheet or checklist. You do not need to includeany conversation from the customer, just your own. This is a summative assessment so youneed to utilise the knowledge you have gained from the course overall.FNS40815 CERTIFICATE IV IN FINANCE AND MORTGAGE BROKING – ASSESSMENT TASKS Page 4© Copyright 2019 The National Finance Institute V.110319You Can Write Your Script Here if you do not have access to a computer:………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..………………………………………………………………………………………………………………………………………..This completes your Exercise 1– – – – – – – – – – – – – – – – – – – –