Kaplan Professional CIVMB_AS_v5A2 Written Assignment

This written assignment is for the Certificate IV in Finance and Mortgage Broking (CIVMB_AS_v5A2) course and comprises several sections focused on practical application and theoretical understanding of the finance and mortgage broking industry. Section 1 presents a case study of Philip and Jennifer Brown, covering key terms, client information gathering, assessment of their situation, borrowing options, reasonable inquiries, First Home Owners Grant, professional networks, and interest rates. Section 2 involves Richard and Pauline Jackson, assessing financial knowledge, responsible lending, self-employment considerations, advising strategies, credit history impacts, dispute resolution, and file access. Section 3 focuses on Mary Jane Smith, specifically preparing and checking a loan application. Section 4 delves into financial services legislation, industry codes, document design, professional practice, and product knowledge. The assignment assesses competency across various units, including processing credit applications, preparing loan applications, identifying client needs, presenting options, and complying with financial regulations. The goal is to demonstrate competence across all assessment items through a combination of case studies and short-answer questions, with opportunities for resubmission based on assessor feedback. The assignment emphasizes the importance of research, client interaction, and adherence to industry standards.

Written
CIVMB_AS_v5A2

Certificate IV in Finance and Mortgage Broking
(CIVMB_AS_v5A2)
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Student identification (student to complete)
Please complete the fields shaded grey.
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Written assignment overall result (assessor to complete)
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Result summary (assessor to complete)
Section 1: Case study 1 — Philip and Jennifer Brown First submission Resubmission (if required)
Task 1 — Key terms, gathering and documenting client information Not yet demonstrated Not applicable
Task 2 — Assessing the clients’ situation Not yet demonstrated Not applicable
Task 3 — Borrowing options Demonstrated Not applicable
Task 4 — Reasonable enquiries Demonstrated Not applicable
Task 5 — First Home Owners Grant and home buyer assistance schemes Demonstrated Not applicable
Task 6 — Professional network and loan settlement process Not yet demonstrated Not applicable
Task 7 — Interest rates Demonstrated Not applicable
Section 2: Case study 2 — Richard and
Pauline Jackson
Task 8 — Establishing level of financial knowledge Demonstrated Not applicable
Task 9 — Responsible lending obligations Not yet demonstrated Not applicable
Task 10 — Self-employed special considerations Demonstrated Not applicable
Task 11 — Advising on strategies Demonstrated Not applicable
Task 12 — Impact of credit history Not yet demonstrated Not applicable
Task 13 — Dispute resolution Not yet demonstrated Not applicable
Task 14 — Effective access to files Demonstrated Not applicable
Section 3: Case study 3 — Mary Jane
Smith
Task 15 — Prepare and check a loan application Demonstrated Not applicable
Section 4: Working in financial services
Task 16 — Financial services legislation and industry codes of practice Demonstrated Not applicable
Task 17 — Design a document Demonstrated Not applicable
Task 18 — Applying principles of professional practice to work in the financial
services industry Demonstrated Not applicable
Task 19 — Develop and maintain in-depth knowledge of products and
services used by an organisation Demonstrated Not applicable
Please note: To pass this written assignment, you will need to be assessed as DEMONSTRATED in
either your first submission or your resubmission in all tasks above.
Task feedback
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Please refer to the assessor’s detailed feedback found at the end of each task so that you know
what to do for any tasks you need to resubmit. To finalise this assignment you need to revisit the
above tasks and then resubmit for further assessment. Please leave the assessor comments intact
and use a different colour and font for your additional work.
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Before you begin
Read everything in this document before you start your written assignment for Certificate IV in
Finance and Mortgage Broking (CIVMB_ASMG_v5A2).
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About this document
This document is the written assignment — half of the overall Written and Oral Assignment.
This document includes the following parts:
• Instructions for completing and submitting this assignment
• Section 1: Case study 1 — Philip and Jennifer Brown
A case study with a series of short-answer questions:
– Task 1 — Key terms, gathering and documenting client information
– Task 2 — Assessing the clients’ situation
– Task 3 — Borrowing options
– Task 4 — Reasonable enquiries
– Task 5 — First Home Owners Grant and home buyer assistance schemes
– Task 6 —Professional network and loan settlement process
– Task 7 — Interest rates
• Section 2: Case study 2 — Richard and Pauline Jackson
A case study and a series of short-answer questions:
– Task 8 — Establishing level of financial knowledge
– Task 9 — Responsible lending obligations
– Task 10 — Self-employed special considerations
– Task 11 — Advising on strategies
– Task 12 — Impact of credit history
– Task 13 — Dispute resolution
– Task 14 — Effective access to files
• Section 3: Case study 3 — Mary Jane Smith
A case study and a series of short-answer questions:
– Task 15 — Prepare and check a loan application
• Section 4: Working in financial services
– Task 16 — Financial services legislation and industry codes of practice
– Task 17 — Design a document
– Task 18 — Applying principles of professional practice to work in the financial services
industry
– Task 19 — Develop and maintain in depth knowledge of products and services used by an
organisation
• Appendix 1: Key terms
• Appendix 2: Client information collection tool/Fact finder
• Appendix 3: Loan application.
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How to use the study plan
We recommend that you use the study plan for this subject to help you manage your time to
complete the written assignment within your enrolment period. Your study plan is in the KapLearn
Certificate IV in Finance and Mortgage Broking (CIVMBv5) subject room.
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Instructions for completing and submitting the
written assignment
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Completing the written assignment
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Saving your work
Download this document to your desktop, type your answers in the spaces provided and save your
work regularly.
• Use the template provided, as other formats will not be accepted for these assignments.
• Name your file as follows:
Studentnumber_SubjectCode_Assignment_versionnumber_Submissionnumber
(e.g. 12345678_CIVMB_AS_v5A2_Submission1).
• Include your student ID on the first page of the assignment.
Before you submit your work, please do a spell check and proofread your work to ensure that
everything is clear and unambiguous.
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