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Sally McCallan Sally just turned 20 and has saved $10,000 as a deposit for a property. She is a First Home Buyer but does not
Sally McCallan Sally just turned 20 and has saved $10,000 as a deposit for a property. She is a First Home Buyer but does not qualify for the First Home Owner Grant as the property is not new. The property costs $450,000 and to save the price of the LMI, Ally's parents offered to help their only child getting into the property market. They initially wanted to gift her some money, but they heard from a TV ad that they could use some equity in their own house instead. They are open to this alternative and asked Ally to keep in touch with a mortgage broker to learn more about this option. Based on the supporting documentation and the information you hold, complete the activities below. This activity will assess your ability to determine special financial needs and risk profile for clients. Question 1 Identify from the information you have what are Sally's goals & objectives, requirements, and situation. Sally McCallan Goals and Objectives 1- Click or tap here to enter text. 2- Click or tap here to enter text. 3- Click or tap here to enter text. Requirements 1- Click or tap here to enter text
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