{"id":2673,"date":"2020-01-29T07:19:37","date_gmt":"2020-01-29T07:19:37","guid":{"rendered":"https:\/\/assignmenttask.com\/answers\/?p=2673"},"modified":"2020-01-29T07:19:37","modified_gmt":"2020-01-29T07:19:37","slug":"fnsfmb401-prepare-loan-application-on-behalf-of-finance-or-mortgage-broking-clients-assessment-3-answers","status":"publish","type":"post","link":"https:\/\/assignmenttask.com\/answers\/fnsfmb401-prepare-loan-application-on-behalf-of-finance-or-mortgage-broking-clients-assessment-3-answers\/","title":{"rendered":"FNSFMB401 Prepare Loan Application On Behalf Of Finance or Mortgage Broking Clients Assessment 3 Answers"},"content":{"rendered":"<blockquote><p>Assignmenttask.com is proud to offer <a href=\"https:\/\/assignmenttask.com\/assignment-help.html\"><strong>online assignment help<\/strong><\/a> to the students of Australia, UK and USA. With the strength of 3000+ expert, Assignmenthelpaus.com pledges to help students to get through any troublesome situation by providing them assistance in <a href=\"https:\/\/assignmenttask.com\/australia\/assignment-writing-help-in-australia.html\"><strong>assignment writing<\/strong><\/a>, <a href=\"https:\/\/assignmenttask.com\/essay-help\/\"><strong>essay writing<\/strong><\/a> and <a href=\"https:\/\/assignmenttask.com\/dissertation-help\/\"><strong>dissertation writing<\/strong><\/a>.<\/p><\/blockquote>\n<p style=\"text-align: center;\"><a href=\"https:\/\/assignmenttask.com\/order-now.php\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-2386 lazyload\" data-src=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1.png\" alt=\"Order-now\" width=\"552\" height=\"87\" data-srcset=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1.png 552w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1-300x47.png 300w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1-360x57.png 360w\" data-sizes=\"(max-width: 552px) 100vw, 552px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 552px; --smush-placeholder-aspect-ratio: 552\/87;\" \/><noscript><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter size-full wp-image-2386\" src=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1.png\" alt=\"Order-now\" width=\"552\" height=\"87\" srcset=\"https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1.png 552w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1-300x47.png 300w, https:\/\/assignmenttask.com\/answers\/wp-content\/uploads\/2019\/10\/Order-now-1-360x57.png 360w\" sizes=\"(max-width: 552px) 100vw, 552px\" \/><\/noscript><\/a><\/p>\n<h2><strong>FNS40815\u00ad_ FNSFMB401 Assessment 3 Questions and Answers<\/strong><\/h2>\n<table style=\"height: 413px;\" width=\"807\">\n<tbody>\n<tr>\n<td width=\"370\"><strong>FNSFMB401 Prepare loan application on behalf of finance or mortgage broking clients<\/strong><\/td>\n<td width=\"370\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td width=\"123\"><strong>Unit Description<\/strong><\/td>\n<td width=\"370\">This unit describes the skills and knowledge required to prepare a client loan application to a relevant lender, and present and process the loan using appropriate channels. Assistance with loan settlement may also apply.<\/td>\n<\/tr>\n<tr>\n<td width=\"123\"><strong>\u00a0<\/strong><\/td>\n<td width=\"370\"><\/td>\n<\/tr>\n<tr>\n<td width=\"123\"><strong>Learning Outcomes<\/strong><\/td>\n<td width=\"370\">By the end of this unit, students will be able to:<\/p>\n<ul>\n<li>Compile necessary information<\/li>\n<li>Prepare loan documentation<\/li>\n<li>Present documentation for assessment<\/li>\n<li>Maintain communication with relevant parties<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Activity 1<\/strong><\/p>\n<p>Describe the responsible lending obligations of a mortgage broker.<\/p>\n<p><strong>Activity 1 Answer<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"676\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Activity 2<\/strong><\/p>\n<p>Identify the regulatory framework under which finance and mortgage brokers operate.<\/p>\n<p><strong>Activity 2 Answer<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"676\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Activity 3<\/strong><\/p>\n<p>Identify and describe the four elements which are required to determine the legal validity of hand- written signatures.<\/p>\n<p><strong>Activity 3 Answer<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"676\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Activity 4<\/strong><\/p>\n<p>Why are the debt commitments of a home loan applicant important information for brokers and lenders?<\/p>\n<p><strong>Activity 4 Answer<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"676\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Activity 5<\/strong><\/p>\n<p>Identify situations where a lender my not need to comply with the Privacy Act as it applies to personal information.<\/p>\n<p><strong>Activity 5 Answer<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"676\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Activity 6<\/strong><\/p>\n<p>Identify and describe the obligations and responsibilities of home loan applicants.<\/p>\n<p><strong>Activity 6 Answer<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"676\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Activity 7<\/strong><\/p>\n<p>In what circumstances might someone, other than the applicant, complete home loan application forms on behalf of an applicant?<\/p>\n<p><strong>Activity 7 Answer<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"676\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Activity 8<\/strong><\/p>\n<p>Describe some services that a mortgage broker could provide to clients after a home loan has been approved and settled.<\/p>\n<p><strong>Activity 8 Answer<\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"676\">&nbsp;<\/p>\n<p>&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><strong>Reference ID: <span style=\"text-decoration: underline; color: #ff0000;\">#getanswers2001031<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Assignmenttask.com is proud to offer online assignment help to the students of Australia, UK and USA. With the strength of 3000+ expert, Assignmenthelpaus.com pledges to help students to get through any troublesome situation by providing them assistance in assignment writing, essay writing and dissertation writing. FNS40815\u00ad_ FNSFMB401 Assessment 3 Questions and Answers FNSFMB401 Prepare loan application on behalf of finance or mortgage broking clients &nbsp; Unit Description This unit describes the skills and knowledge required to prepare a client loan application to a relevant lender, and present and process the loan using appropriate channels. Assistance with loan settlement may also <a href=\"https:\/\/assignmenttask.com\/answers\/fnsfmb401-prepare-loan-application-on-behalf-of-finance-or-mortgage-broking-clients-assessment-3-answers\/\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2787],"tags":[2794,331,2790,2808,2809,2802,2803,2791,2811,2810],"_links":{"self":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/2673"}],"collection":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/comments?post=2673"}],"version-history":[{"count":1,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/2673\/revisions"}],"predecessor-version":[{"id":2674,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/posts\/2673\/revisions\/2674"}],"wp:attachment":[{"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/media?parent=2673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/categories?post=2673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttask.com\/answers\/wp-json\/wp\/v2\/tags?post=2673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}