FNS40815 CERTIFICATE IV IN FINANCE AND MORTGAGE BROKING – ASSESSMENT TASKS Page 1
© Copyright 2020 The National Finance Institute V.010920
EXERCISE 1
To be completed by the Trainee
You must include this page with your Exercise 1 submission
Alternatively you can retype the details as a front page to your Exercise
Trainee name _________________________________________________________________________
| Trainee Postal Address | _______________________________________________________________ _______________________________________________________________ |
| Trainee Daytime Phone numbers __________________________________________________________ | |
| Trainee Email address | _________________________________________________________________ |
By your submission you are stating that this Exercise contains no answers which have been
completed by another person. You acknowledge that your assessment marking may be
compromised if it is found to be otherwise.
Date _______________________________________________
Submissions can be mailed to NFI, P.O. Box 1354, Capalaba B.C. Qld 4157 OR
Email to assessments@financeinstitute.com.au (if emailing you must adhere to the emailing size rules)
OFFICE USE ONLY BELOW HERE
Date received by NFI ____________________ Date received by Assessor ______________________
Name of Assessor ______________________________________________________________________
Date assessed ____________________________ Mark ____________________
| Competent | |
| Not Yet Competent | |
Assessor’s Comments: ………………………………………………………………………………………
……………………………………………………………………………………………………………………..
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Further action required (if applicable) ______________________________________________________
FNS40815 CERTIFICATE IV IN FINANCE AND MORTGAGE BROKING – ASSESSMENT TASKS Page 2
© Copyright 2020 The National Finance Institute V.010920
EXERCISE 1
Scenario
A potential first home buyer phones and asks you to explain the various loan options available to
them and the benefits and disadvantages of each one. They make mention of “no-frills loans”,
professional packages, lines of credit and honeymoon rates.
Task
Total marks possible 50
Write or type a “script” to be used in response to this enquiry that clearly explains the various
loan options available and the benefits and disadvantages of each one.
You must cover each of the 4 loan options in your answer as a minimum.
– You do not need to improvise further comments from your first home buyer
– You must incorporate at least one selling message at the end of your script
– Keep your script to 500 words maximum.
We encourage you to type your script, however you may handwrite if you do not have access to
a computer.
NOTE: Assume for the purpose of this assessment task that you will focus on answering the
specific question, rather than following a prospect sheet or checklist. You do not need to include
any conversation from the customer, just your own. This is a summative assessment so you
need to utilise the knowledge you have gained from the course overall. If you are unsure what
a “selling message” is, please refer to Unit 11.
FNS40815 CERTIFICATE IV IN FINANCE AND MORTGAGE BROKING – ASSESSMENT TASKS Page 3
© Copyright 2020 The National Finance Institute V.010920
You Can Write or Type Your Script Here or create your own document.
This completes your Exercise 1
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Write or type your answer in this box