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HANDY HINT …

Holding your savings in your Credit Card or Home Loan can achieve returns of up to 22% p.a. “TAX FREE”.

MAKE YOUR MONEY WORK SMARTER !!!

Want to know more … Ask our Mortgage Specialists

$400,000.00 Home …

Rent: $450.00 per week
Mortgage: $457.00 per week

WOW !!!

(Calculations based on a $380K Home Loan @ 4.74% p.a. Principal & Interest Repayments over 30 Years)

BEFORE YOU RENEW YOUR HOME INSURANCE …

1. Jump on to “Free Online Insurance Quotes”
2. Find out how much less other insurers charge
3. Phone your existing Insurer and “tell them”
4. Watch your Insurer reduce your premium
5. Smile and enjoy your savings

WHY PAY MORE THAN YOU NEED TO …

Australia has a new Comprehensive Credit Reporting System (CCR) as at 1st March 2014.

ADVANTAGES:

Higher Credit Rating for those who pay their Loan Repayments + Credit Card Payments + Mobile Telephone + Household Bills ON TIME EVERYTIME.

DISADVANTAGES:

Late payments can be reported on your Credit Record after ONLY 5 DAYS.

Under this new Comprehensive Credit Reporting System (CCR), organisations (e.g. Banks) will be able to access and report both “Positive” and “Negative” information relating to their customers. This information can relate to a customer’s savings history, credit card repayment history, loan repayment history, electricity bill payment history, telephone bill payment history, etc.

Under the previous Credit Reporting System organisations were restricted to accessing and reporting new applications for credit facilities and “Negative” repayment history (i.e. Positive history not reported).

Commentators within the Finance Industry suggest that organisations (e.g. Banks) will commence reporting “Positive Information” following the 1^st March 2014 (CCR start date) and are unlikely to research and report “Backdated Information” (i.e. prior to 1/3/2014) as the costs to do so would be significant.

The new CCR system is similar to credit reporting systems utilised in other countries in which a customer’s “Credit Score / Rating” is assessed on both their positive and negative reported history and will be utilised by Banks within their assessment process for new finance applications.

Higher Scores = Lower Risk of Default = Lower Interest Rates

Lower Scores = Higher Risk of Default = Higher Interest Rates

Nearly half of all new Home Loans are currently being sourced via Mortgage Specialists.

With borrowers becoming more aware that Banks will compete for their business, many are no longer content to simply accept the Home Loan offerings of their existing Bank.

Increasing numbers of borrowers are turning to Mortgage Specialists to negotiate with the Banks on their behalf to achieve savings in both time and money.

In addition to the savings borrowers are able to ask questions and seek advice from an experienced professional who WORKS FOR THE BORROWER … NOT THE BANK.

Experience the Difference … Contact DPF Mortgage Specialists

Planning to buy an Investment Property …

Tip … Ensure you have a “PLAN B”

Include a buffer in your budget for equal to 2 month’s rent to cover yourself for unexpected maintenance costs + non-tenanted periods.

SLEEP EASY AT NIGHT WITH A GOOD “PLAN B”