FNSCRD301 Role Play: Simulating a Property Loan Consultation

This assignment presents a role-play scenario involving a financial agent consulting with clients (Tim and Tina) about securing a loan for a property purchase. The agent analyzes their financial situation, discusses the loan amount required (440000), interest rates, and associated fees (estimated client cost around 25000 and solicitor charges of 1500). The dialogue covers the clients' eligibility for the loan based on their good credit history and asset holdings, reassuring them that their current liabilities will not hinder the process. The agent also advises on the benefits of taking the loan to acquire assets, ensuring a clear understanding of the costs involved and the ease of the loan acquisition process.