Fact Find Initial Interview: Time Date Location Referred by: A. Personal Details Applicant 1 Applicant 2 Full Name of Applicant Full Name of Applicant Mr Mrs Miss OMS Dr Mr Mrs Miss OMs Dr Full Name Full Name Marital Status Date of Birth Marital Status Date of Birth 1 Mobile Home Phone Mobile Home Phone Work Ph Email Work Ph Email Current Home Address Current Home Address Suburb Postcode Suburb Postcode Time at Current Address Time at Current Address Yrs Mths Yrs Mths vious Ac Previous Address Suburb Postcode Suburb Postcode Time at Previous Address Time at Previous Address Yrs Mths Yrs Mths Name of Nearest Relative / Next of Kin Name of Nearest Relative / Next of Kin Phone Phone Drivers Licence No Drivers Drivers Lic Exp Drivers Licence No Drivers Drivers Lic Exp Lic State Lic State Current Occupation Current Occupation Employer Details Employer Details Company Company Address Address Suburb Postcode Suburb Postcode Time Employed Yrs Mths Start Date 1 1 Time Employed Yrs Mths Start Date 1 1 Employer Contact Name Employer Contact Name Employer Contact Ph Employer Contact Ph Previous Occupation Previous Occupation Name of Previous Employer Name of Previous Employer Time Employed with Previous Employer Time Employed with Previous Employer Yrs Mths Yrs Mths Dependants Dependants Full Name Full Name DOB 1 Financially dependant YES NOO DOB 1 Financially dependant YES NOO Full Name Full Name DOE 1 Financially dependant YES NOD DOE 1 Financially dependant YES NOOB. Income Details Applicant 1 Applicant 2 Employment Status Employment Status Full time ) Part time ) Casual ) Self Employed Full time ) Part time ) Casual ) Self Employed Income Income Annual $ Annual Gross _ Net Gross _ Net Regular Overtime Regular Overtime $ Gross _ Net Annual Gross _) Net Annual Rental Income Rental Income Annual [ Gross _ Net Annual f Gross _ Net Dividends & Dividends & Interest Annual $ Interest Annual Gross _ Net [ Gross _ Net Allowances & Allowances & Pensions Annual Pensions Annual Gross ) Net O Gross _ Net Company Profit Company Profit Annual Annual (Pre-Tax) (Pre-Tax) Add-backs Add-backs Annual Gross _ Net Annual Gross _ Net Other Other Annual $ Annual $ Gross _ Net [ Gross _ Net C. Assets Description Value Joint App App 2 Land & Buildings $ Land & Buildings $ Land & Buildings $ Motor Vehicle Make Year $ O 0 OOOOOO Motor Vehicle Make Year $ Vehicle Make Year Bank Accounts Bank BSE Bank Accounts Bank BSB Superannuateon Fund Superannuateon Fund Home Contents OOOOOOOO Shares (Total) Other Other OtherD. Current Liabilities & Expenses Existing Financier Monthly repayment Amount Owing Limit To be paid out? Mortgages $ $ $ D Yes D \\lo Mortgages $ $ $ El Yes D \\lo Personal Loans $ $ $ D Yes D \\lo Other Loans $ $ $ D Yes D \\lo Overdrafts / LOC $ $ $ El Yes El \\lo Credit Card $ $ $ D Yes B \\IO Credit Card $ $ $ D Yes D \\lo Hire Purchase $ $ $ El Yes I: \\lo Leases $ $ $ D Yes D \\lo Living Expenses Calculation Please complete an estimation of your living expenses after the new loan facility has been drawn Clown. Living Expenses Monthly Cost Leisure / Entertainment Monthly Cost Rent / board 33 Holidays $ Rates (council / water) 33 Restaurants $ Utilities (electricity, gas etc.) 33 Takeaways / snacks $ Telephone / internet 33 Sports / hobbies 55 Mobile phone 33 Memberships 55 Home maintenance 33 Newspapers / Magazines 55 Food / groceries / household $ Books / CD's / DVD's $ Medical & pharmaceuticals $ Gifts $ Clothes / shoes $ Other $ Education $ Total $ Purchases (household furniture etc.) $ Garden $ Motor Vehicles / Transport Monthly Cost Child care / school fees $ Registration $ Pet food / grooming / vet $ Maintenance / repairs $ Other $ Petrol $ Total $ Public transport / taxis $ Parking $ Insurance / Superannuation Monthly Cost Other $ Life $ Total $ Health $ Superannuation voluntary $ Summary Home & Contents $ Living expenses $ Car $ Leisure / entertainment $ Business $ Motor vehicles / transport $ Other (boat / caravan etc.) _ $ Motor vehicles / transport $ [: _ Insurance / superannuation $ Total $ TOTAL MONTHLY COSTS $ E. Security Details Security Property 1 Value $ Land Type Style Owner Residential House _ Town house O Rural O Unit Vacant land Address Duplex Warehouse Serviced Apt Suburb Postcode Other Name of contact for inspection Phone number of contact for inspection Security Property 2 Owner Value $ Land Type Style Residential House _ Town house Rural Unit Vacant land Address O Duplex Warehouse serviced Apt Suburb Postcode Other Name of contact for inspection Phone number of contact for inspection F. Loan Purpose What are your goals and objectives? Do you know of any significant Yes No changes that may impact on your ability to make your loan repayment If yes, what kind of change are you Temporary decrease in income expecting? Permanent decrease in income Anticipated Large expenditure If yes, how will you continue to make Securing additional income O My application reflects these changes oan repayments? Using Reducing expenses f this is a refinance, what are your More Competitive Pricing Improved product features reasons for refinancing? Convenience / Flexibility of the product Part of consolidation / restructuring of Dissatisfaction with existing service finances levels Other Are you a first home buyer? Yes No What is your primary loan purpose? Purchase Construction Top-up Refinance Line of Credit Other What is the source of your deposit? Genuine savings $ Proceeds from property sale $ First Home Owners Grant $ Other savings $ Gifts $ Loan Details Loan Amount Loan Type Principal & Interest Fixed Line of Credit Interest Only Loan Term Years Lender Preferences Is there any lender you would like to deal with, or any lender you would NOT like to deal with? What loan features are important to you? O Offset Variable repayment frequency Cashout Extra Repayments Discount Rate Redraw Repayment Holiday Branch access Other Rate Lock capabilities Capitalised LMI Other Is there any credit history we should be aware of such as defaults, judgements or bankruptcy? No Yes, please provide details:G. Current Insurance Type Insured? Sum Insured Provider Premium Joint App 1 App 2 Life a Yes a No $ $ Total Permanent Disability D Yes D No 33 33 Income Protection D Yes a No 33 $ Trauma D Yes a No $ 55 Building & Contents D Yes a No $ $ Loan Protection D Yes a No $ $ Other D Yes a No $ $ Applicant 1 Applicant 2 Do you smoke? D Yes D No Do you smoke? D Yes D No Signature of applicant Signature of applicant Date / / Date / / confirm that the information contained within this Fact Find Form is true and correct. I confirm that the information contained within this Fact Find Form is true and correct. Complete the Fact Find document on these clients using the form in Appendix 14. I We have not included all supplementary information on these clients in which case you will need to create your own \"improvised" answers for inclusion in the Fact Find docu ment. Trainees who already have access to their own version of a Fact Find template may use their own form as an alternative to that provided in Appendix 14. Scenario Clients: Jennifer Ann Stern DL No.: 527491 DOB: 07/07/89 Australian Passport No.: L94325880 Scott Milo Stern DL No.: 5489701 DOB: 04/06/88 Australian Passport No.: L9189081 Contact Phone No: Phone 0401 101 111 Current Address: 33 Willow St, Lane Cove, NSW 2066 Time there, 3.7 years Previous Address: 44 Roberts Street, Putney NSW 2112 Time there, 5 years. Children: 2 children aged 6 and 8 Scenario Continued overleaf ....Assumptions: D 0 Assume this is a cross collateralised loan Due to the client's request below, assume this stnicture Iwill be a Split facility Your clients have told you: that they want to keep the repayments on their home separate from their investment property. They would like to keep the repayments on their home as principal and interest but want to pay interest only on their investment property. Lenders will calculate servicing using the entire loan amount calculated at PM, even if the loan or part ofthe loan is provided as Interest only. Assume the clients seek a 25 year [em for the loan and the lender will assess servicing at P&I over the 25 year term. The clients wish to pay out their personal loan on the car, as a debt consolidation, to rationalise their loan repayments. They have agreed that ANZ will be a suitable lender for their circumstances. Although addresses show NSW, for the purpose of your duty and other cost calculations, assume lhat the clients live in the same state as you (the broker). You should assume a Standard Variable Rate of 3% applies to this loan application and a Qualifying rate of 3% is added to the Standard Variable Rate (for your NSR form). Assume the current car loan will be paid out by the renance of me home. Assume the clients will be \"fulldoc\". Assume that the body corporate cost is included in living expenses and therefore does not need to be included as a separate oubgoing. Existing Property: Own Home valued at $1,500,000 Current outstanding loan balance $325,000 {with (BA) Loan Repayments $2,223 per month, remaining loan term 20 years Cash: The clients have $12,000 cash in the bank. Credit Cards: ANZ v'isa $6,000 limit [balance $4,000) NAB MasterCard $6,000 limit [balance $2,500) Other: Mr and Mrs Stern each have $85,000 in superannuation and they estimate their current home and contents to be wonh $63,000 Mr Stern works at OfoeWorks as a Marketing Manager and earns $125,000 p.a. He has worked there for 8 years. Mrs Stern is a Project Ofcer with SMEC Australia and earns $26,000 p.a. She has worked there for the past 3 years alter having several years of home duties. The Sterns own two cars a 2016 Honda Civic worth $18,000 unencumbered and a 2018 Mazda suv $30,000 subject to Mazda Finance of $20,000 {$450 per month). A few days ago, the 5terns signed up for a 20 month Interest Free loan from Latitude for a soundfmovie system for $3,000. They paid a $50 establishment fee to avoid the monme admin fee and their minimum monthly payment is 596. You interviewed Mr and Mrs Stern at your ofoe after some initial telephone conversations previously. They both spoke good English, they are Australian citizens of more than 20 years and they expressed their excitement at buying their second property. Following your evaluation, you suggested 3 different loan products to the Sterns and their decision was to choose the ANZ product. You will now proceed to assist them with their loan application. They are aware that, they will need to complete a Customer Identication Procedure prior to nance approval from the lender. The clients wish to renance their current home loan and purchase an investment property. The investment property is an established 2 bedroom unit in a residential tower block of 48 at 56 {Lot 6) 1victoria Ave, Rhodes and is valued at $900,000. Gross rental Income of $200 per week is expected and the body corporate expense will be just $35 per week. They have made an offer on the unit at the asking price, have put down a $1000 cash deposit with the real estate agent, and the offer has been accepted with settlement in 60 days. Title particulars: Lot 6, Folio 4981, Vol. 2931. The solicitors they will be using are Bader 8: Partners, ph 0400 111 222