Topic 3-3

Supplementary material

Fact Find
© Reproduced with permission.

COPYRIGHT
COMMONWEALTH OF AUSTRALIA
Copyright Regulations 1969
WARNING

This material has been reproduced and communicated to you

by or on behalf of Kaplan Professional pursuant to Part VB of the
Copyright Act 1968 (the Act). The material in this communication
may be subject to copyright under the Act. Any further reproduction
or communication of this material by you may be the subject of
copyright protection under the Act.
Do not remove this notice
 Fact Find
XYZ Pty Ltd

Client Name Date

What motivated you to contact XYZ?

How did you hear about XYZ?

If Purchase If Re-Finance

Max Price of Property Estimated Value of Property

$

How much do you wish to borrow Current Loan Amount

$

Address of Property (if known) Current Lender

First Home Buyer Address of Property

Deposit Available Proposed new loan amount

$ $

Estimated Settlement Date Estimated Settlement Date

Other relevant detail Other relevant detail

YES/NO
Do you have an Accountant who is capable of assisting in this transaction?

Do you have a Solicitor who is capable of assisting in this transaction?

CREDIT QUESTIONS
Applicant 1 Applicant 2
Have you been declared bankrupt or made arrangements with creditors?
Have you failed to keep up your payments on any credit cards, home loans etc?
Have you failed to maintain your bill payments – electricity, phone etc.?
Have you been charged or convicted of a criminal offence in the last 5 years?

XYZ Pty Limited

ABN 12 345 678 000 l Australian Credit Licence: 123456
123 Jones Street, Jonestown, NSW 1234
CONFIDENTIAL Ph: 1300 111 111 1 of 7
 Fact Find
XYZ Pty Ltd

APPLICANT DETAILS
Applicant one Applicant two

First Name/s
Surname
Date of Birth
Number & Age of Dependants
Relationship to other Applicant
Home Phone
Work Phone
Mobile
Email
Current Address
Current Residential Status
Time At Current Address (months)
Previous Residential Address
Previous Residential status
Time at that Residence
Mother’s Maiden Name
Nearest relative not living with you
(include name, address, phone,
relationship)
Employment status
Occupation
Time in current employment
Employer
Address of Employer
Phone number of Employer
Previous Employer Details (if current
employer < 3 years)
Occupation
Time in previous employment
Phone number of Previous Employer
Basic Salary (excludes super)
Extra (overtime/bonus/commission)
Other(pensions, rental, investment,
benefits, other)

XYZ Pty Limited

ABN 12 345 678 000 l Australian Credit Licence: 123456
123 Jones Street, Jonestown, NSW 1234
CONFIDENTIAL Ph: 1300 111 111 2 of 7
 Fact Find
XYZ Pty Ltd

PERSONAL OBJECTIVES
What are your financial goals/plans for
the next 12 months?
What are your financials goals/plans for
the next 5 years?
What are your financial goals/plans for
the next 10 years?

FINANCIAL POSITION
ASSETS
Item Description Income Value Owner
Savings account balance
Other account balances
Current Property 1
Current Property 2
Current Property 3
Motor Vehicle 1
Motor Vehicle 2
Home Contents
Shares / Investments
Super
Other

LIABILITIES
Balance
Item Lender detail Repayments Borrower
Owing
Rent (paid)
Home Loan 1
Home Loan 2
Home Loan 3
Motor Vehicle 1
Motor Vehicle 2
Other Loan 1
Other Loan 2
Credit Card 1
Credit Card 2
Credit Card 3

XYZ Pty Limited

ABN 12 345 678 000 l Australian Credit Licence: 123456
123 Jones Street, Jonestown, NSW 1234
CONFIDENTIAL Ph: 1300 111 111 3 of 7
 Fact Find
XYZ Pty Ltd

HOUSEHOLD EXPENDITURE
FIXED EXPENSES
Item Weekly Monthly Quarterly Annually
Insurance – Car, house etc.
Charitable Contributions
Childcare
Car – Registration, petrol etc.
Groceries
Utilities
Medical
Entertainment
Other –
Total

REQUIREMENTS AND OBJECTIVES

Please select the loan type, your repayment preferences and features that meet your requirements for this
loan
LOAN TYPE
Preferred Loan type Variable Rate Fixed Rate Line of Credit
Why is this loan type
required/preferred?

REPAYMENTS
Repayment cycle Weekly Fortnightly Monthly
Why is this repayment cycle
required/preferred?
Repayment type Principal & Interest Interest Only Interest in Advance
Why is this repayment type
required/preferred?

LOAN FEATURES
Feature Important Not important
Ability to make extra repayments
Offset Account
Ability to Redraw funds
Branch Network
Internet Banking
Bank Account/s with same institution
Other – please describe

XYZ Pty Limited

ABN 12 345 678 000 l Australian Credit Licence: 123456
123 Jones Street, Jonestown, NSW 1234
CONFIDENTIAL Ph: 1300 111 111 4 of 7
 Fact Find
XYZ Pty Ltd

SIGNIFICANT CHANGES IN THE FUTURE

Do you know of any foreseeable significant changes to your circumstances that will lead to changes in your
ability to make contracted repayments? Provide details.
Applicant One (yes/no) Applicant Two (yes/no)
Temporary change in income
Permanent change in income
Anticipated large expenditure
How will this change be overcome?

Is there anything else that may reasonably be expected to have a bearing on your application for credit,
knowing that if you leave such information out it may create problems in the future? Please specify:

Are you comfortable with your ability to make repayments under the proposed loan without difficulty?
Please specify:

Is there anything else that we should be aware of?

INSURANCE QUESTIONS
As part of the mortgage process The Selector Group will conduct a review on your current insurances.
 I/We confirm that I/We are happy to have my/our insurance reviewed.
 I/We confirm that I/We have been offered the opportunity to have my/our insurance reviewed however
I/We have declined to do this.
 I/We understand that I/We may not have the appropriate cover should I/We suffer from an
unexpected/adverse event.

Have you had a personal insurance proposal or renewal declined or

special terms imposed?

Do you smoke?

Are there any matters which could affect the Insurers decision to
accept an insurance risk policy?

Details:

Have you made any claims in the last 5 years?

Details:

XYZ Pty Limited

ABN 12 345 678 000 l Australian Credit Licence: 123456
123 Jones Street, Jonestown, NSW 1234
CONFIDENTIAL Ph: 1300 111 111 5 of 7
 Fact Find
XYZ Pty Ltd

LIFESTYLE QUESTIONS
Are you interested in exploring other investment strategies?
Tax minimisation is an essential part of a good financial plan.
Are you interested in exploring further?
Do you have a Will?
Are you confident that your dependents can maintain their standard of living should anything
happen to you?
If you were to become temporarily disabled tomorrow, are you confident that your existing cash
reserves are adequate to allow you to get back on track?
Will the retirement strategy you have in place deliver the retirement lifestyle you expect?

YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN
SECURED UPON IT
I/We confirm that personal & confidential information provided by me/us can be disclosed by Mortgage
Selector to arrange a mortgage on my/our behalf and that I/we have read this document before signing.
The information contained in this document is true and correct.
 I/We confirm I/We would like to receive ongoing email updates from The Selector Group Companies
 I/We confirm I/We would like to receive updates & documentation via email e.g.: Product information,
Lender forms & approval

Signature of borrower 1

Name of borrower 1 (print)

Signature of borrower 2

Name of borrower 2 (print)

XYZ Pty Limited

ABN 12 345 678 000 l Australian Credit Licence: 123456
123 Jones Street, Jonestown, NSW 1234
CONFIDENTIAL Ph: 1300 111 111 6 of 7
 Fact Find
XYZ Pty Ltd

PRIVACY DISCLOSURE STATEMENT AND CONSENT

Originator Mortgages is collecting personal information about you. This notice is to inform you of your
rights under the Privacy Act.
The information you provide will be held by Originator Mortgages.
You can gain access to the information we hold about you by contacting us at [address] and/or [phone
number].
We may use the personal information you provide for the purposes of arranging or providing credit and for
direct marketing of products and other services offered by Originator Mortgages or an organisation we are
affiliated with or represent. You have the right to request not to receive direct marketing material.
We may disclose personal information to any industry body, tribunal, court or otherwise in connection with
any complaint regarding the approval or management of your loan — for example if a complaint is lodged
about us or the lender.
We may disclose personal information about you as required by law, or to any organisation involved with
providing credit to you, or any other associates or contractors of Originator Mortgages, including, for
example, statement printing houses, mail houses, lawyers, accountants, or people considering acquiring or
taking an interest in our business or our assets.
If you do not provide your personal information we may be unable to assist in arranging a loan.

You agree that Originator Mortgages may collect and use your personal information as specified above.

Signature Signature

Date Date

XYZ Pty Limited

ABN 12 345 678 000 l Australian Credit Licence: 123456
123 Jones Street, Jonestown, NSW 1234
CONFIDENTIAL Ph: 1300 111 111 7 of 7