CIVMB T3-3 Creditproposal v2

Topic 3-3 Supplementary material

Fact Find © Reproduced with permission.

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Fact Find XYZ Pty Ltd Client Name

Date

What motivated you to contact XYZ?

How did you hear about XYZ?

If Purchase

If Re-Finance

Max Price of Property

Estimated Value of Property $

How much do you wish to borrow

Current Loan Amount $

Address of Property (if known)

Current Lender

First Home Buyer

Address of Property

Deposit Available

Proposed new loan amount

$

$

Estimated Settlement Date

Estimated Settlement Date

Other relevant detail

Other relevant detail

YES/NO Do you have an Accountant who is capable of assisting in this transaction? Do you have a Solicitor who is capable of assisting in this transaction?

CREDIT QUESTIONS Applicant 1

Applicant 2

Have you been declared bankrupt or made arrangements with creditors? Have you failed to keep up your payments on any credit cards, home loans etc? Have you failed to maintain your bill payments – electricity, phone etc.? Have you been charged or convicted of a criminal offence in the last 5 years?

CONFIDENTIAL

XYZ Pty Limited ABN 12 345 678 000 l Australian Credit Licence: 123456 123 Jones Street, Jonestown, NSW 1234 Ph: 1300 111 111

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Fact Find XYZ Pty Ltd APPLICANT APPLIC ANT DETAILS DETAILS Applicant one

Applicant two

First Name/s Surname Date of Birth Number & Age of Dependants Relationship to other Applicant Home Phone Work Phone Mobile Email Current Address Current Residential Status Time At Current Address (months) Previous Residential Address Previous Residential status Time at that Residence Mother’s Maiden Name Nearest relative not living with you (include name, address, phone, relationship) Employment status Occupation Time in current employment Employer Address of Employer Phone number of Employer Previous Employer Details (if current employer < 3 years) Occupation Time in previous employment Phone number of Previous Employer Basic Salary (excludes super) Extra (overtime/bonus/commission) Other(pensions, rental, investment, benefits, other)

CONFIDENTIAL

XYZ Pty Limited ABN 12 345 678 000 l Australian Credit Licence: 123456 123 Jones Street, Jonestown, NSW 1234 Ph: 1300 111 111

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Fact Find XYZ Pty Ltd PERSONAL OBJECTIVES What are your financial goals/plans for the next 12 months? What are your financials goals/plans for the next 5 years? What are your financial goals/plans for the next 10 years?

FINANCIAL POSITION ASSETS Item

Description

Income

Value

Owner

Lender detail

Repayments

Balance Owing

Borrower

Savings account balance Other account balances Current Property 1 Current Property 2 Current Property 3 Motor Vehicle 1 Motor Vehicle 2 Home Contents Shares / Investments Super Other

LIABILITIES Item Rent (paid) Home Loan 1 Home Loan 2 Home Loan 3 Motor Vehicle 1 Motor Vehicle 2 Other Loan 1 Other Loan 2 Credit Card 1 Credit Card 2 Credit Card 3

CONFIDENTIAL

XYZ Pty Limited ABN 12 345 678 000 l Australian Credit Licence: 123456 123 Jones Street, Jonestown, NSW 1234 Ph: 1300 111 111

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Fact Find XYZ Pty Ltd HOUSEHOLD EXPENDITURE FIXED EXPENSES Item

Weekly

Monthly

Quarterly

Annually

Insurance – Car, house etc. Charitable Contributions Childcare Car – Registration, petrol etc. Groceries Utilities Medical Entertainment Other – Total

REQUIREMENTS AND OBJECTIVES Please select the loan type, your repayment preferences and features that meet your requirements for this loan

LOAN TYPE Preferred Loan type

Variable Rate

Fixed Rate

Line of Credit

Weekly

Fortnightly

Monthly

Principal & Interest

Interest Only

Interest in Advance

Why is this loan type required/preferred?

REPAYMENTS Repayment cycle Why is this repayment cycle required/preferred? Repayment type Why is this repayment type required/preferred?

LOAN FEATURES Feature

Important

Not important

Ability to make extra repayments Offset Account Ability to Redraw funds Branch Network Internet Banking Bank Account/s with same institution Other – please describe

CONFIDENTIAL

XYZ Pty Limited ABN 12 345 678 000 l Australian Credit Licence: 123456 123 Jones Street, Jonestown, NSW 1234 Ph: 1300 111 111

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Fact Find XYZ Pty Ltd SIGNIFICANT CHANGES IN THE FUTURE Do you know of any foreseeable significant changes to your circumstances that will lead to changes in your ability to make contracted repayments? Provide details. Applicant One (yes/no)

Applicant Two (yes/no)

Temporary change in income Permanent change in income Anticipated large expenditure How will this change be overcome?

Is there anything else that may reasonably be expected to have a bearing on your applicatio n for credit, knowing that if you leave such information out it may create problems in the future? Please specify:

Are you comfortable with your ability to make repayments under the proposed loan without difficulty? Please specify:

Is there anything else that we should be aware of?

INSURANCE QUESTIONS As part of the mortgage process The Selector Group will conduct a review on your current insurances. 

I/We confirm that I/We are happy to have my/our my/our insurance reviewed.



I/We confirm that I/We have been offered the the opportunity to have my/our insurance insurance reviewed however I/We have declined to do this.



I/We understand that I/We may not have have the appropriate cover should I/We I/We suffer from an unexpected/adverse event.

Have you had a personal insurance proposal or renewal declined or special terms imposed? Do you smoke? Are there any matters which could affect the Insurers decision to accept an insurance risk policy? Details: Have you made any claims in the last 5 years? Details:

CONFIDENTIAL

XYZ Pty Limited ABN 12 345 678 000 l Australian Credit Licence: 123456 123 Jones Street, Jonestown, NSW 1234 Ph: 1300 111 111

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Fact Find XYZ Pty Ltd LIFESTYLE QUESTIONS Are you interested in exploring other investment strategies? Tax minimisation is an essential part of a good financial plan. Are you interested in exploring further? Do you have a Will? Are you confident that your dependents can maintain their standard of living should anything happen to you? If you were to become temporarily disabled tomorrow, are you confident that your existing cash reserves are adequate to allow you to get back on track? Will the retirement strategy you have in place deliver the retirement lifestyle you expect?

YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED UPON IT I/We confirm that personal & confidential information provided by me/us can be disclosed by Mortgage Selector to arrange a mortgage on my/our behalf and that I/we have read this document before signing. The information contained in this document is true and correct. 

I/We confirm I/We would like to receive ongoing email email updates from The Selector Group Companies Companies



I/We confirm I/We would like to receive updates updates & documentation via email e.g.: Product information, Lender forms & approval

Signature of borrower 1

Name of borrower 1 (print)

Signature of borrower 2

Name of borrower 2 (print)

CONFIDENTIAL

XYZ Pty Limited ABN 12 345 678 000 l Australian Credit Licence: 123456 123 Jones Street, Jonestown, NSW 1234 Ph: 1300 111 111

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Fact Find XYZ Pty Ltd PRIVACY DISCLOSURE STATEMENT AND CONSENT Originator Mortgages is collecting personal information about you. This notice is to inform you of your rights under the Privacy Act. The information you provide will be held by Originator Mortgages. You can gain access to the information we hold about you by contacting us at [address] and/or [phone number]. We may use the personal information you provide for the purposes of arranging or providing credit and for direct marketing of products and other services offered by Originator Mortgages or an organisation we are affiliated with or represent. You have the right to request not to receive direct direct marketing material. We may disclose personal information to any industry body, tribunal, court or otherwise in connection with any complaint regarding the approval or management of your loan — for example if a complaint is lodged about us or the lender. We may disclose personal information about you as required by law, or to any organisation involved with providing credit to you, or any other associates or c ontractors of Originator Mortgages, including, for example, statement printing houses, mail houses, lawyers, accountants, or people co nsidering acquiring or taking an interest in our business or our assets. If you do not provide your personal information we may be unable to assist in arranging a loan.

You agree that Originator Mortgages may collect and use your personal information as specified above.

CONFIDENTIAL

Signature

Signature

Date

Date

XYZ Pty Limited ABN 12 345 678 000 l Australian Credit Licence: 123456 123 Jones Street, Jonestown, NSW 1234 Ph: 1300 111 111

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