Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
FNSFMB401 Mapping and Delivery Guide
Prepare loan application on behalf of finance or mortgage broking clients
Version 1.0
Issue Date: May 2024
Qualification | - |
Unit of Competency | FNSFMB401 - Prepare loan application on behalf of finance or mortgage broking clients |
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Description | |||
Employability Skills | |||
Learning Outcomes and Application | This unit describes the skills and knowledge required to prepare a client loan application to a relevant lender, and present and process the loan using appropriate channels. Assistance with loan settlement may also apply.It applies to individuals who use analytical and organisational skills to complete administrative requirements and use interpersonal skills to work effectively with a range of clients and personnel.Work functions in the occupational areas where this unit may be used are subject to regulatory requirements. Refer to the FNS Implementation Guide Companion Volume or the relevant regulator for specific guidance on requirements. | ||
Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the finance and mortgage broking field of work and include access to: office equipment, technology, software and consumables lending products and information lending policy and procedures documentation. Assessors must satisfy NVR/AQTF assessor requirements. |
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Prerequisites/co-requisites | |||
Competency Field |
Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
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Elements of Competency | Performance Criteria | |||||||
Element: Compile necessary information |
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Element: Prepare loan documentation |
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Element: Present documentation for assessment |
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Element: Maintain communication with relevant parties |
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