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Learn Module Detail
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This unit standard is one of 4 that make up the Mortgage Advisor module. In this unit you will gain an understanding of:
- The legislative and regulatory framework applicable to residential property lending services
- Key lending concepts and their relevance to typical residential property lending situations
- Typical organisational policies and frameworks.
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Objectives
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- To learn and apply the key concepts of the residential property advice process in a new or existing loan context
- To understand the legislative and regulatory framework used in your daily provision of residential property lending services
- To apply the elements of duty of care, contract and negligence in your daily role as a mortgage adviser
- To learn and understand typical organisational policies, procedures and guidelines for both new and existing loan applications
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