Mortgage Loan Application Report for ANZ Bank - Finance

This report is a mortgage loan application memo from ABC Mortgage Brokers to XYG Aggregators, regarding a loan application for Mr. Fergus George Newnam and Ms. Natalie Jane Carter. The couple seeks a home loan at a variable interest rate from ANZ Banking Group to purchase a property at 27, Brown Avenue, Pakenham VIC 3810, with a purchase price of $458,000. They are providing a 10% deposit and require 90% financing. The memo details the couple's background, the application process, and includes a list of enclosed documents such as pay slips, bank statements, and insurance policies. The report recommends immediate action with ANZ Bank to finalize the loan process. The memo also includes contact details of the mortgage broker and references to additional incidental expenses associated with the property purchase.

Document 7
Email/Memorandum
From: ABC Mortgage Brokers Pty Ltd
Mobile: [phone]
Office: [phone]
Fax: [phone]
Email: [e-mail]
TO: XYG AGGREGATORS PTY LTD
Attn: Credit team
Date: 30/09/2017
Fax: [phone]
No of Pages:
Re: New loan application – Loan amount $413,000
Background
Our associate Ms. Fatma Rehman, who is an experienced Mortgage Broker, was referred by
one of her old client, Mr. David Smith to new prospective borrowers, Mr. Fergus George
Newnam and Ms. Natalie Jane Carter, who have a de facto relationship. Fergus and Natalie
want to buy a residential property for their personal use and showed interest in availing a
Home Loan at Variable Interest Rate and preferred ANZ Banking Group as they are having a
joint savings account with them.
The couple has shortlisted a property at 27, Brown Avenue, Pakenham VIC 3810 which has a
purchase price of $458,000. This is the first house to be bought be the couple and they are
ready to provide a deposit of $45,800 (being 10% of the purchase price of the property) and
are requiring 90% finance. The couple is also in a position to take care of the additional
incidental expenses associated with the purchase of the property.
After the preliminary contact on phone with the couple on 12/09/2017, Ms. Rehman
conducted a detailed interview of the couple at our office and explained the complete
procedure to them. The required documents (as per the list provided below), based on the
information provided by the couple were collected and are being faxed to you along with this
memo.
Based on the complete record provided to you and looking at the background of the borrower,
we recommend that an early action should be initiated with ANZ Banking Group and further
steps for finalising the loan process are completed at the earliest.
Any additional information/document shall be dealt with priority at our end.

Documentation Enclosed
1. Client Overview
2. Last three month’s Pay Slip Copies of Fergus & Natalie
3. Bank Statements of joint savings account of the couple with ANZ
4. Bank Statements of transaction account of Fergus with CBA
5. Bank Statements of transaction account of Natalie with NAB
6. Copies of the Term Life and TPD policies of Fergus
7. Copies of the Term Life and TPD policies of Natalie
8. Copy of Passport of Fergus
9. Copy of Passport of Natalie
Regards
(Mike Stone)
Coordinator