Home Loan Application Form: Interview Record and Financial Analysis

This assignment presents a completed home loan application form and interview record. The form includes detailed information about two applicants, Fergus and Natalie, including their contact details, dates of birth, occupations (Pharmacist and Nurse), and financial information. The financial section outlines taxable income, other income, and adverse credit history. It also covers current housing situations, including home values, mortgage balances, and other liabilities such as personal loans and credit card limits. The document further details the applicants' assets, including equity, First Home Owners Grant (FHOG) status, and other assets, along with information about other properties owned. The applicants' stated goals include obtaining a home loan at a lower cost, utilizing an offset account, and making external investments. This comprehensive data provides a snapshot of the applicants' financial standing and loan requirements.

Document 1-Telephone Interview Record
Applicants Name __Fergus _________________ Referred By
______________________
Phone _______ Home Ph: [phone] Work: [phone] Mobile: [phone]
111________________ Date _______________________
Address____ Terry White Chemist: 123 Smart Avenue, Chadstone Vic 3148
__________________ Email _______________________
_____________________________
Applicant1 DOB____09/09/1983_______________
2nd Applicants Name : Natalie
_____________________________ Email____________________________
Phone __________ Home Ph: [phone] Work: [phone] Mobile: [phone]
451______________
Address_____ National Hospital: 156-258 Tan Avenue. Frankston Vic
3199__________________
______________________________
Applicant 2 DOB ______21/08/1987_________
Purchase Price $___________458000________ Settlement Date
____________________
Loan Amount Required $______45800_____________
Finance Due Date Clause Date _______________
Owner Occupied /Investment? ________Investment_______
Name and Ages of Dependent Children with Dates of Birth
______NIL_________________ ______________________ ____________________
_______________________ ______________________ ____________________
Applicant 1.
Occupation _____ Pharmacist ___________________ Length of service
_______________________
Previous occupation (if less than 3 yrs.)_________________________________________
Length of service ________5 years 3 months
_________________________________________________
Taxable Income $_______$87,000 plus superannuation ________________ Other Income
$_____________________
Adverse Credit History Y/N Details ___________________________________
_________________________________________________________________________
Applicant 2.
Occupation ______________ Nurse Div 1__________ Length of service
_______________________
Previous occupation (if less than 3 yrs)_________________________________________

Length of service ________2 years 9 months
_________________________________________________
Taxable Income $________$67,500 plus superannuation _______________ Other Income
$_____________________
Adverse Credit History N Details ___________________________________
_________________________________________________________________________
Current Housing situation
Home value $________________________ Rent Paid $ ____________per week
Mortgage Balance$____________________ Lender _____________________________
Other Liabilities
Personal /Car loan $____________________Payments $_____________ per week/Month
Credit /Store Card Limit 1$_______________ Owing $______________per week/Month
Credit /Store Card Limit 2$______________ Owing $______________per week/Month
Other regular Payments $______________ Owing $______________per week/Month
HECS etc: _________________________________________________________________
Equity / Assets
Amount available $__________80000___________ From
_____________________________
FHOG Yes/No $_____________________
Other Assets $__________59500_____________
$______________________________
Other Assets $_______________________ $______________________________
Other Properties Owned
Property value $_________$458,000_____________ Rent Received $___________ per
week/month
Mortgage Balance $___________________ Lender ________________
Property value $______________________ Rent Received $___________ per week/month
Mortgage Balance $___________________ Lender ________________
What does the Applicant want to do?
__________________The applicants want to take a home loan at lower costs They also want
to focus on an offset account in order to access the funds. They want to make external
investments for the respective funds.
___________________________________________________________________________
___________________________________________________________________________
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