Task 24: Question 2 Now t' at you've comp'eted the credit proposal ais ciosure, you will need to vrite , our email to the client You must cover th- foll wing points, namely a summary of your understanding or the clients needs (this could be an outline summary of their proposed loan structure) a brief summary of their current rinancial , osition (uve infor nation from the case study, your Explanation of the minimum of two (2; product options evaluated that meet their ne_ds and details of the loan natures (use the internet or, ii working in the industry, internal software) the option you recommend and the reasons for the recommendation including the loan amount, terri and repayments, e.plain how the recommend_d product meets the clients' needs (refer to the case study), and explain why you recommend this lend_r . invite questions from the client and respond in a follow up -mail accordingly provide a section for the client to provid: you with permission to proceed. (-UU Words) Student response to Task :4. Quest'on 2 The two applicants are Rav: anu Alice Patel. They nave two teenage coldren the son is 16 years ild, the daughter is is yea . did. Ravi is a sei- employed carpen carnin; 50,000/C annually Alice is part time interior designer ear ing 45,000 AJD annually. They live in the owned ou upied property and \\ ould like to pur hase an investment property at in,swood. The new purchase price is 660000AUD. They would like to do burrow 715000AUD and refinancing the OO property to do the new purchase. The coupic have $37,500 or saving, $1,300,000 for O property, a boat valued $65000, a Toyota Prado 2015 under company $48,000, home 3. fects $1:10.000, superannuateon of Ravi $300,000, superannuateon of Alice $120,000 as assets. The couple have home loan of $50,000, car loan under company of $5,000 as liabilities. Two applicants might have