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Tactical Financial Solutions
  ISSUE #2: FEB 2007
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Tactical Financial Solutions - Competition!  
What's New!
Need a Mortgage Health Check?
General Interest
"Win a 12 month holiday from your mortgage"

Use Tactical Financial Solutions to arrange your residential home loan during the promotional campaign and you could win a 12 month holiday from your mortgage.

Tactical Financial Solutions is an accredited broking firm with Australian Financial Group "AFG" who are offering a promotional prize of a "12 month holiday from your mortgage". The winner will have their mortgage paid by AFG for one year for their principal place of residence to a maximum of $16,372.20 (12 x $1364.35) to the lender.

Entry is conditional on the settlement of a residential home loan application submitted by an accredited AFG broker.

For full details and terms and conditions of the promotion please click here.


What's New
“Your Choice” Referral Incentive Promotion

Tactical Financial Solutions receives a large percentage of business from referrals by existing clients. This is a testimony to the service we provide and as a reward to you, as our valued client, Tactical has introduced a new incentive reward promotion.

How does the promotion work?

Simply refer a family member, friend or co-worker to Tactical Financial Solutions and if the referral results in a loan being settled* then we will send you a $100 gift voucher for the business/organization of your choice. This could be a major Shopping Center/Shop (Garden City or Myer) a hotel or travel agent, Bunnings Hardware, Retravision or Hoyts Movies. As long as the nominated business provides gift vouchers then It’s your choice.

Email or Fax the following information to Gary Huggins (Please obtain their permission prior to advising us of their details).
  • Your Name
  • Prospects Name
  • Prospects Phone Number
Email: garyhug@bigpond.net.au
Fax: (08) 9403 4498

*Minimum qualifying loan size $100,000 for a limited period only. Tactical Financial Solutions reviews the right to withdraw the offer at it’s discretion without notice. The Promotion does not extend to any person/organization who has entered into a referral agreement contract with Tactical Financial Solutions/AFG.


What's New
Need a Mortgage Health Check?
It can pay to give your loan/s a full review or health check every 12 months. Situations and circumstances change and the loan you originally put in place might no longer be the best fit or still meet your requirements.

What has changed in my life?

Your personal situation may have changed over the past 12 months and you may now qualify for a different mortgage product that may have more flexibility or a lower interest rate or fee structure to better suit your requirements. Changes in your life may be a promotion, received a pay rise or gone from contract to a permanent position. You may have previously been self-employed, but are now a salaried employee or the other way around.

Could I be paying less interest?

Interest rate alone is not the only consideration for choosing a loan but it doesn’t hurt to see if you could be paying less. There will always be lenders having campaigns with competition to offer the lowest rate. Professional packages are available with most banks and institutions, which can also help to reduce interest and fees. Before switching to a lower rate you need to take into account all of the costs. There may be break costs with your existing loan and as a result by switching you may be worse off.

Is there equity in my property that I can unlock?

With the recent property boom in Perth and through normal repayments most property owners have accumulated considerable equity. You can tap into this equity to fund anything from putting your children through university to increasing assets such as an investment property. A Tactical Consultant can calculate your borrowing capacity. As long as you can service the loan you may be able to borrow up to 90% of the value of the property. You may also look at using this equity to refinance any high interest debts such as stagnant credit cards and personal loans.

Could I be paying off my loan faster?

By structuring your loans and the choice of the right mortgage products, motivated borrowers can repay their home loan quicker. A Tactical consultant can tailor your loan and provide a choice of mortgage product to suit your individual circumstances and help drive your mortgage down. A Basic home loan with a lower interest rate usually has little flexibility when it comes to mortgage reduction techniques. A more sophisticated loan such as a line of credit or a facility with off-set or re-draw may be better suited to achieve the reductions desired.

Why not let us do the legwork for you with a no obligation – free health check on your current mortgage.

Past Articles:


Need a Mortgage Health Check?
General Interest

When securing a mortgage, not all homebuyers have the time and expertise to find a loan best suited to their situation. The average homebuyer researches three or four mortgage options before making one of the biggest financial decisions of a lifetime. On the other hand, a mortgage broker can research up to 500 loan products from various lenders to ensure the best option is found.

Choosing the right mortgage doesn’t necessarily mean settling for one with the lowest rate. Finding the right mortgage depends on several factors.

“We have to assess the clients’ assets & liabilities, what kind of features they want from a loan and what some of their long-term goals are. People might need different repayment options in the future, so we have to consider that”

Now is the perfect time to take advantage of the range on offer. “Borrowers are definitely in the driver’s seat at the moment, aggressive price-cutting by lenders means many borrowers are calling the shots when looking for the best deal.”

Choosing the right mortgage broker and lender is essential. “In a tight market, lenders will aggressively compete for business, so homebuyers need to be extra savvy”.

Finding a good mortgage broker is another issue entirely. According to Phil Naylor, chief executive of Mortgage Industry Association of Australia (MFAA), the most common way for people to find a broker is by referral. “Word of mouth tends to be the most common form of referral in the mortgage industry.” WA is the only State with a mortgage industry regulated by law, where brokers must obtain a finance brokering license.

To obtain a license the broker has to undergo checks and hold professional indemnity insurance, and be a member of an external dispute resolution scheme. They must also adhere to the WA Code of Conduct, which requires the broker to be transparent about the remuneration they will receive by recommending a loan product. Most mortgage brokers are paid the same fee from the lender no matter what home loan is finally recommended.

MFAA member Damien Arts said a good mortgage broker wouldn’t choose a lender based on the commission they received.

We are paid a commission up front and on a trailing basis by the lender, as far as our clients are concerned, it is the same deal as if they approached the lender directly – there are no additional costs.

“A broker is remunerated by the lender for introducing the borrower’s business; therefore it is not standard industry practice for a broker to charge a fee for their service.”

The mortgage market changed rapidly, often meaning prospective clients could not keep up with new loans and developments. If borrowers were to chase up each lender, by the time they finished their research, things might already have changed.

General Interest
Affiliate Organisations
Tactical Financial Solutions | Phone: 08 9403 4498 Address: Level 1, 30 Ledgar Road, Balcatta WA 6021
ABN: 60 399 465 575 | Licensed Finance Broker: FB3248 PO Box 43, Hillarys WA 6923

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