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Task 3a Implement complex loan structures Tom and Steve have accepted your recommendations and have given you authority to proceed with their application. As part

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Task 3a Implement complex loan structures Tom and Steve have accepted your recommendations and have given you authority to proceed with their application. As part of implementing their loan application you are required to prepare a formal written loan submission to the lender for preapproval. Your loan submission must include the following: . serviceability calculations 0 the proposed structure of the loan given there are two brothers and there is a variance in income 0 the loan amount . the property style, size, use 0 any other information that is relevant to the lenders requirements. In addional to these requirements you should also include: Ir your obligations under the NCCP (if any] . maximum loan amount 0 maximum loan terms 0 any ATO consideraon to be made . your state legislation and (ER requirements 0 your general advice restrictions I property purchase requirements. {800 we rds) Note: Any assumptions you make should be listed, and not be in conict with the case study information already provided. Student response to Task 3

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