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Now that you have researched the options available, using the Lender Options provided below, present Sarah with the 3 most suitable Lender Options and provide
Now that you have researched the options available, using the Lender Options provided below, present Sarah with the most suitable Lender Options and provide your recommendation based on the options available.
Lender options
Present these options to Sarah.
Your recommendation needs to include the following points to satisfy your Best Interest Duty Obligations:
Why are you presenting the shortlisted options? ie How did you filter your search in meeting the clients requirements and objectives?
Were there any circumstances that limited the lender or loan options you could consider?
Were there any conflicts between any of the customers requirements and objectives and how their priority was established?
Why you selected the recommended product above the others in the Product Comparison considering cost, features and noncost factors.
Additional commentary to support where a higher cost option is recommended for noncost reasons eg policy, speed of service, servicing, cashback
How your recommendation is in the customers best interest overall.
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