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AQTF_LearnerQuestionnaire.pdf Learner Questionnaire IMPORTANT INSTRUCTIONS Please tell us about your training. Your feedback plays an important role in developing the quality of your education. In...

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AQTF_LearnerQuestionnaire.pdf
Learner Questionnaire
IMPORTANT INSTRUCTIONS
Please tell us about your training. Your feedback plays an important role in developing the quality of your education. In this questionnaire, the term ‘training’ refers
to learning experiences with your training organisation. The term ‘trainer’ refers to trainers, teachers, lecturers or instructors from your training organisation.
Provide one response to each item on the form. Complete using a black or blue pen. Print neatly in CAPITAL letters. Place a clear ‘ ’ inside each box.
Leave the box blank if the statement does not apply. If you want to change your answer, fill in the entire box and mark the co
ect box with an ‘ ’.
Example: or
ABOUT YOUR TRAINING
S
t
o
n
g
ly

d
is
a
g
e
e
D
is
ag
e
e
A
g
e
e
S
t
o
n
g
ly

a
g
e
e
I developed the skills expected from this training.
I identified ways to build on my cu
ent knowledge and skills.
The training focused on relevant skills.
I developed the knowledge expected from this training.
The training prepared me well for work.
I set high standards for myself in this training.
The training had a good mix of theory and practice.
I looked for my own resources to help me learn.
Overall, I am satisfied with the training.
I would recommend the training organisation to others.
Training organisation staff respected my background and needs.
I pushed myself to understand things I found confusing.
Trainers had an excellent knowledge of the subject content.
I received useful feedback on my assessments.
The way I was assessed was a fair test of my skills and knowledge.
I learned to work with people.
The training was at the right level of difficulty for me.
The amount of work I had to do was reasonable.
Assessments were based on realistic activities.
It was always easy to know the standards expected.
Training facilities and materials were in good condition.
I usually had a clear idea of what was expected of me.
Trainers explained things clearly.
The training organisation had a range of services to support learners.
I learned to plan and manage my work.
The training used up-to-date equipment, facilities and materials.
I approached trainers if I needed help.
Trainers made the subject as interesting as possible.
I would recommend the training to others.
The training organisation gave appropriate recognition of existing knowledge and skills.
Training resources were available when I needed them.
I was given enough material to keep up my interest.
The training was flexible enough to meet my needs.
Trainers encouraged learners to ask questions.
Trainers made it clear right from the start what they expected from me.
What were the BEST ASPECTS of the training?
What aspects of the training were MOST IN NEED OF IMPROVEMENT?
YOUR TRAINING DETAILS
What TYPE OF QUALIFICATION are you cu
ently enrolled in? Select one only.
Certificate I
Certificate II
Certificate III
Certificate IV
Certificate level unknown
Diploma
Advanced diploma
Associate degree
Degree
Short course or statement of attainment
VET graduate certificate or graduate diploma
Other qualification or training
Do not know
What is the BROAD FIELD of your cu
ent training? Select one only.
Natural and physical sciences
Information technology
Engineering and related technologies
Architecture and building
Agriculture, environmental and related studies
Health
Education
Management and commerce
Society and culture
Creative arts
Food, hospitality and personal services
Othe
What is the FULL TITLE of your cu
ent qualification or training?
In what MONTH AND YEAR did you start your cu
ent training?
For example, write ‘March 2007’ as ‘03/2007’.
/
Yes No
Are you undertaking an APPRENTICESHIP OR TRAINEESHIP?
Did you get any RECOGNITION OF PRIOR LEARNING towards
your training such as subject exemptions, course credits or
advanced standing?
ABOUT YOU
Female Male
Are you FEMALE OR MALE?
What is YOUR AGE in years?
Under 15
15 to 19
20 to 24
25 to 34
35 to 44
45 to 54
55 to 64
65 or ove
Are you of ABORIGINAL OR TORRES STRAIT ISLANDER origin?
No
Yes, Aboriginal
Yes, To
es Strait Islande
Yes, both Aboriginal and To
es Strait Islande
Yes No
Do you speak a LANGUAGE OTHER THAN ENGLISH at home?
Are you a PERMANENT RESIDENT OR CITIZEN of Australia?
Do you consider yourself to have a DISABILITY, IMPAIRMENT, OR
LONG-TERM CONDITION?
What is the POSTCODE of your main place of residence?
Thank you for sharing your views.

Copyright © 2015 The National Finance Institute    Course Learning Guide Introduction – V.220915 







NATIONAL PROVIDER NUMBER 31203









FNS50315
DIPLOMA OF FINANCE AND MORTGAGE BROKING
MANAGEMENT



CCCOOOUUURRRSSSEEE LLLEEEAAARRRNNNIIINNNGGG GGGUUUIIIDDDEEE
IIINNNTTTRRROOODDDUUUCCCTTTIIIOOONNN














MFAA RECOGNISED PROGRAM
.
THIS COURSE HAS BEEN REVIEWED BY THE MFAA AND
RECOGNISED AS SUITABLE FOR THE
PROFESSIONAL DEVELOPMENT
OF MORTGAGE ORIGINATORS
FNS50315 Diploma of Finance and Mortgage Broking Management Page 2 of 14
Copyright © 2015 The National Finance Institute    Course Learning Guide Introduction – V.220915 
 
 
 
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FNS50315 Diploma of Finance and Mortgage Broking Management Page 3 of 14
Copyright © 2015 The National Finance Institute    Course Learning Guide Introduction – V.220915 
 

Table of Contents
 
INTRODUCTION TO COURSE CONTENT AND ASSESMENTS 
 
Table of Contents .......................................................................................................... 3 
Overview ....................................................................................................... XXXXXXXXXX4 
Proposed Target Group ................................................................................. XXXXXXXXXX4 
Entry Requirements ...................................................................................... XXXXXXXXXX4 
Units of Competency .................................................................................... XXXXXXXXXX5 
Learning Activity Questions ........................................................................ XXXXXXXXXX11 
Assessment Process .................................................................................... XXXXXXXXXX11 
Qualification ................................................................................................ XXXXXXXXXX12 
How to Submit Your Assignments ...........
Answered Same Day Apr 11, 2020 BSBSUS501 Training.Gov.Au

Solution

Pulkit answered on Apr 17 2020
136 Votes
Assignment 1
PART A: LOAN SUBMISSION
Loan Proposal:
1. Loan Against Property for Bisset Family Trust
2. Home Loan for Andrew Bisset
3. Overdraft limit for Bisset’s Real Estate Pty Ltd
A. Bo
ower’s Details:
Mr Andrew Bisset and his wife Jane are engaged into business of renting shops of shopping complexes owned by them. They are the trustees for the Bisset Family Trust.
Bisset’s Real Estate Pty Ltd is engaged into real estate agency business. Mr. and Mrs. are directors of this private limited company. This company was incorporated to take over the partnership business of Andrew Bisset and Joseph Hooper at the inception of the last financial year.
B. Customer and Promoter Background:
Andrew Bisset:
He has been working in the Brisbane South East area for last 20 years as a real estate agent and his specialization includes commercial and industrial properties.
In last financial year he drew a gross salary of $78,000. He also drew $55,000 from the partnership in the previous financial.
    Name of promoter
    Date of Birth
    Address
    DL
    Legal Descendants
    Capacity
    Andrew Bisset
    29/07 /1965
    12 Cu
umbin Close, Carindale QLD 4152
    # 2945758
    Three adult children (one working in the real estate business)
    Trustee in Bisset Family Trust and director in Bisset’s Real Estate Pty Ltd
Jane Bisset:
After the company Bisset’s Real Estate Pty Ltd took over the business of partnership, she has worked as the property manager since then. She drew $43000 as salary in the last financial year.
    Name of promoter
    Date of Birth
    Address
    DL
    Legal Descendants
    Capacity
    Jane Bisset
    15/06/ 1967
    12 Cu
umbin Close, Carindale QLD 4152
    # 2786454
    Three adult children (one working in the real estate business)
    Trustee in Bisset Family Trust and director in Bisset’s Real Estate Pty Ltd
C. Loan Purpose:
The intent is to purchase a vacant land situated at 423 Belmont Road, Belmont by the trust. For this purpose they wish to obtain mortgage loan of S1,250,000. They are also willing to get the existing loan with ABZ Bank of $625,000 refinanced against the shopping complex situated at 55 Park Road, Belmont QLD.
There is another loan taken by Mr Andrew from ABZ Bank against his residential property situated at 12 Cu
umbin Close Carindale QLD which amounts to $190,000. He wishes to refinance this home loan.
Also, Bisset’s Real Estate Pty Ltd wishes to refinance its existing overdraft facility with ABZ Bank against the residential property of its director Mr Andrew Bisset situated at 12 Cu
umbin Close Carindale QLD of $400,000.
D. Facility Details
    Particulars
    Existing Banker : ABZ bank
    New proposal
    Sanction Limit
    Mortgage Loan:$625,000
Home Loan: $190,000
Overdraft: $400000
    Mortgage Loan:$1,250,000
Home Loan: $190,000
Overdraft: $400000
    Security
    For mortgage loan:
Commercial shopping center at 55 Park Road, Belmont QLD
For home loan and overdraft facility:
Residential property at 12 Cu
umbin Close Carindale QLD
    For mortgage loan:
Commercial shopping center at 55 Park Road, Belmont QLD and Vacant land at 423 Belmont Road, Belmont QLD
For home loan and overdraft facility:
Residential property at 12 Cu
umbin Close Carindale QLD
E. Fund Position:
The trust holds vacant land and shopping complex as assets and these are proposed as collateral for the proposed loan.
The company has plant n equipment ($35,000), goodwill ($250,000) and debtors ($30,000) as assets.
The net worth of directors/trustees is $1,095,000.
F. Servicing Capacity:                                (in $)
    Particulars
    Bisset’s Real Estate (partnership firm)
    Bisset Family Trust
    Bisset’s Real Estate Pty Ltd
    Gross Revenue
    422,000
    138,000
    346,000
    Net Profit
    84,000
    50,000
    72,000
    Cash Profit
    100000
    75000
    86000
    Management Earnings
    11,000
    11,000
    11,000
Net- Worth of directors    /trustees                                (in $)
    Particulars
    Andrew and Jane Bisset
    Cash at Bank
    45,000
    Furniture
    85,000
    Share Portfolio (Blues Chip Listed Shares)
    345,000
    Motor Vehicles
    60,000
    House at 12 Cu
umbin Close Carindale QLD
    560,000
    Total
    1,095,000
    ABZ Bank Credit Card
    10,000
    Home Loan with ABZ Bank
    190,000
    Net –worth
    895,000
G. Security:
The security offered by the trust is as below:
    Particulars
    Property 1
    Property2
    Type of property
    Vacant Land(Special Purpose)
    Shopping Centre(Commercial)
    Valuation
    $600,000 (Purchase Price)
    $1,450,000 (2 years old)
    Address
    423 Belmont Road, Belmont QLD 4171 Lot 84 on RP 9564
Area 3000m2
    55 Park Road, Belmont QLD 4171 Lot 43 on RP 9542
Area 1850m2
    Status of occupancy &name of occupant and since when same is occupied
    Vacant
    Consist of 6 shops. 5 rented and 1 occupied by the bo
ower company on rent
    Name of the Owner and relationship with bo
owe
promote
    Bisset Family Trust
    Bisset Family Trust
    Remarks
    This property is pending rezoning. The land is cu
ently zoned ‘Special Purpose’, but the local council earmarked the land for future ‘Commercial’ use in it recently released Town Planning Scheme. It has a two street frontage with considerable passing traffic.
    This property is mortgaged with ABZ Bank against a mortgage of $625000 proposed to be taken over. It consists of 6 shops provided on rent to below mentioned people.
Tenants:
    Tenant
    Rent
    Term
    Rent Review
    Bisset’s Real Estate Pty Ltd
    $42,000 pa net
    3 + 3 years
    Annually by CPI
    M Goodson T/A Good Alterations
    $8,000 pa net
    3 + 3 years
    Annually by CPI
    Vu Nguyen T/A Care Pharmacy
    $20,000 pa net
    3 + 3 years
    Annually by CPI
    R Spragos T/A Roger’s Deli
    $28,000 pa net
    5 + 5 years
    Annually by CPI
    Copelin Accounting Pty Ltd
    $18,000 pa net
    1+ 1 +1 years
    Annually by CPI
    J & R BlendT/A Blend News
    $22,000 pa net
    3 + 3 years
    Annually by CPI
Apart from personal guarantee which is to be extended by the directors/trustees, the other security offered for overdraft facility and home loan is situated at 12 Cu
umbin Close Carindale QLD. This property is owned by Mr Andrew Bisset having a valuation of $560,000.
H. Risk Assessment and Management
The overall stability of the group’s performance is satisfactory despite that fact that the collateral offered is vacant land which is zoned for special purpose and there has been a dip in turnover of the group after takeover. Vast experience is possessed by the directors/trustees in the given line if business and they have few other stable sources of income like via rent and other allied activities.
Thus the risk associated is minimal due to management experience and hereditary aspects.
I. Recommendations:
It is recommended that the commercial finance of $625k and takeover of overdraft facility of $40k be extended to the client.
    Facility
    Existing limit
    Additional Limit
    Proposed Total
    Pricing
    Fund Based- OD
    0.00
    40,000
    40,000
    9%
    Loan Against Property
    0.00
    1,250,000
    1,250,000
    7%
    Total
    0.00
    1,290,000
    1,290,000
    
    Other Exposure
    
    
    
    
    Home loan
    0.00
    190,000
    190,000
    7%
    Grand Total
    0.00
    1,480,000
    1,480,000
    
    Processing fee
    Upfront & annual 0.50% + statutory levies, if any (Nonrefundable)
Attachments:
1. KYC of directors, the company and property providers
2. Collateral Property documents
3. Financial accounts of the firm, company and trust.
4. Calculation of servicing capacity of bo
owe
5. Bank statements
6. Sanction letter for existing OD limit from ABZ Bank
7. Net worth details
8. Rental agreements
ASSIGNMENT 2
PART _A: For the client:
1. List of Questions: Fact Finder:
Name of Entity:
Address:
Contact Number of Key person:
Customer and Promoter Background:
1. Constitution and Background of the company since inception. Any change in constitution to be provided
2. Management and succession details, educational background, cu
ent and change in shareholding pattern
3. Operating vintage. Details of any
anch office/factory premises to be provided
4. Key person involved in the business i.e., the client's solicitor, financial advisor, accountant etc
Business Model:
1. Business activity segment i.e., Manufacturer, Trader or Service Provide
2. Mode of operations (e.g., in case of manufacturing a
ief of production process, capacity, utilization, major raw material etc; in case of trading whether wholesale or retail, business experience etc)
3. Marketing A
angement/ How fresh business is procured
4. Buye
Supplier:
a. Nature of buyers-End users/ Traders/Wholesalers, Manufacturers
. Major supplie
customers
5. Geographical reach in selling the product and USP of the product
6. Working Capital cycle-days of credit received, credit given, average stock maintenance etc
7. Details of orders in hand, any new dealership/distributorship
8. Any sister concern in same line of business, inter-firm transactions if any
Property Details:
1. Collateral Details i.e., Type, Address, ownership, tentative value etc
Financial:
1. Turnover of the company for last three years and in case of decline in profit, justification thereof
2. Justification for growth projections> 25% of sales, if made
3. Is there any withdrawal or infusion of capital post balance sheet date
4. Trend of profit in line with sales of the company
Credit Requirements:
1. Credit facilities existing vis-à-vis required facilities
2. Justification for first time bo
ower of credit facilities
2. Proposal Document:
Name of Entity: Henman Transport Pty Ltd
Key Person/ Parties to loan: Ray Henley and Steve Manning
Facility Details
Equipment finance loan of $500k to purchase trucks and dog trailers in next 12 months to accommodate new contracts in hand and future expansion for tenure of 48 months.
The same shall be provided to purchase only where additional work has been contracted or older equipment is being replaced.
Security:
The trucks and dog trailers so financed will be hypothecated in the name of the lender.
Apart from this, personal guarantee of both the directors will be proposed.
Prospective Lender’s and Process
ief:
The lender shall be banks both public and private as well as non banking financial institutions. We would suggest lending through private banks as they have faster disposal ratio and better client servicing.
The whole process shall take a period of 15-20 days post completion of all documents and will be accompanied by credit visit of the lender company.
The lender shall require the following documentation to be signed by the parties to the loan:
1. KYC of the company, directors and sister concern
2. Agreement with private investor for seed capital
3. Data for last 2 years financial accounts and interim account for cu
ent FY
4. Net worth details of the directors of the company
5. Sanction letter and repayment schedule for existing equipment finance
6. Bank statements of all cu
ent accounts of company for last 12 months
7. Details of orders in hand and order copies of last 5 completed orders
Fees/Charges:
The lender shall charge rate of interest of 10% p.a. with initial processing fees of 1%.
Apart from this, login fees, legal charges such as franking, insurance etc shall be borne by the bo
ower company and paid to the lende
Our Services:
We assist the bo
ower throughout the
oking process staring from proposal
ief to documentation, negotiation with lender, sanction and disbursement process. For smooth operations of the process, we provide dedicated team which shall always be in touch with the bo
ower and...
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