Question: Question 8 Below is reference material to support a loan of $250,000 minimum Bank of ING ME Bank Bank of Melbourne Queensland Interest rate 2.5%

Question 8 Below is reference material to support
Question 8 Below is reference material to support a loan of $250,000 minimum Bank of ING ME Bank Bank of Melbourne Queensland Interest rate 2.5% 2.4% 2.35% 2.6% Annual fee $395 $150 $175 $250 Maximum LVR 70% 80% 60% 75% for rate offer Identification Passport Passport Passport Passport requirements Drivers Drivers Drivers or birth Licence Licence Licence certificate Medicare Medicare Medicare Drivers card card card Licence Valuation fee free $300 free $250 Income needs 2 payslips 1 payslip 2 payslips 1 payslip Bank 6 months 6 months 6 months 6 months statements of home of home of home of home loan loan loan loan 3 months 3 months 3 months 3 months of bank of bank of bank of bank accounts accounts accounts accounts As part of any communication to a client you should ensure you have a waiver when giving out interest rates. An example could be : *these rates, fees and charges are subject to change

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!