mortgage

This document is Construction Loans Report Template.

It is part of the supporting resources for Assessment Task 2 of FNSFMB512.

Morgan Mortgages

Construction Loan Report

Legislation covering construction loans.

Complaint handling

Summarise the complaint handling and dispute resolution procedures for your company and for the broking industry.

Lenders offering construction loans.

List at least five.

The criteria under which lenders offer construction loans

Loan to Value Ratio (LVR), maximum loan amount, etc.

Risks and tolerance

What are the risks involved with construction loans and how these can be mitigated.

Summarise also the issue of tolerance with construction loans compared to other forms of loan.

Involvement of other financial professionals

Financial planner, accountant, lawyer, etc.

Additional Client Actions

Advice necessary to obtain and administer a construction loan.

Taxation

Summarise the tax implications of positive and negative gearing

Economics

Summarise the business cycle and its impact on property prices and rents.

Insurance

Explain lender insurance and the importance of clients’ life insurance

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Version : 2.0	Last Updated : 30 Jul 2021	Next Update: 31 Jul 2022	Page 1 of 1