Assess whether a home loan application by Sam and Michelle, based on typical current lender requirements, is likely to be successful. Provide detailed explanations in support of your answer.

Now complete each of the following steps:

1.Assess whether a home loan application by Sam and Michelle, based on typical current lender requirements, is likely to be successful. Provide detailed explanations in support of your answer.
2.How will you communicate the results of your assessment with your clients?

3.Advise your clients on how to proceed following the lender’s likely decision of a non-offer