This module provides the knowledge and skills required to understand residential property lending concepts and the legislative and regulatory environment in which a mortgage adviser operates. Graduates will learn the relationship between residential property lending products and individual needs, and the ability to provide fit for purpose solutions for borrowing using an appropriate six step advice process to provide.
Demonstrate and apply knowledge of the residential property lending services environment and concepts.
Gather and analyse information to determine client residential property borrowing needs
Demonstrate and apply knowledge of market factors and key concepts affecting residential property to meet client needs
Apply knowledge of residential property lending products and services to meet needs and process a loan application
Provide advice in a residential property lending context using the Six Step Process