Explain the various loan options

Assignment Help Finance Basics

Reference no: EM132255663

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, so you must cover these 4 in your answer as a minimum.

Task

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 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 450 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.

Reference no: EM132255663

Questions Cloud

Discuss whether they address the needs of the clients : Evaluate and discuss whether they address the needs of the clients they serve. Apply the following core value of Community in your analysis.

Compute the before-tax npv of the new lift : Compute the before-tax NPV of the new lift and advise the managers of Deer Valley about whether adding the lift will be a profitable investment.

What are the weights in your portfolio : You buy 100 shares of Tidepool Co. for $40 each and 200 shares of Madfish, Inc., for $15 each. What are the weights in your portfolio?

Review problem on artificial intelligence : Artificial Intelligence (AI) is not a new phenomenon, but it is still a growing concern for many industries. While the human element remains the most important.

Explain the various loan options : EXERCISE 1 - CERTIFICATE IV IN FINANCE AND MORTGAGE BROKING - Explain the various loan options available to them and the benefits and disadvantages of each one

How vidence-base medicine works : Medice is both an art and a science. one hundreds years ago, ther was more enphasis on the art than on the science. Today, physicians are under clinical.

Would newly rich chinese customers engage in this purchasing : Will China maintain its strong economic growth in the years to come? Some suggest it will until 2050. What do you think?

What is your feedback to the content of the articles : What is your feedback to the content of the articles? What did you learn about the evolution of Health Services in the United States?

Create a model whose Bragg peak depth matches : FLUKA Assignment - Your assignment is to create a model whose Bragg peak depth matches that of a supplied Bragg peak curve

User Account

All Pages