Callum is an existing ANZ customer. He bought a one bedroom apartment 10 years ago for $200,000. it's now worth $275,000. He wishes to sell his apartment and buy an apartment closer to the city. He's looking at apartments in the $500,000 price range. He potentially has up to $75,000 in equity . As an ANZ accredited Home Loan Broker, what steps do you have to take to ensure that the loan is not unsuitable to Callum/s needs? 1. make reasonable inquiries into Callum's requirements and objectives, and make reasonable inquiries into his financial situation. 2. Calculate Callum's asset position - as long as he has a reasonable deposit the loan should not be unsuitable. 3. Suggest he apply for a line of credit