What Clients Ask The Most
Q: What is a mortgage broker? Should I get a fixed rate or an adjustable rate loan?
A: A mortgage broker acts as the go between with the lender and the borrower. They will not only provide you with the most competitive loan rates based on your current financial status, but will also guide you through every step of the loan application process. From beginning to end, a mortgage broker is vital in explaining the commitment to your loan from associated costs, disbursements and any fees. They also write it all down in a schedule.
Mortgage brokers will also act as your personal agent following up lenders and answering any questions or concerns you may have when settlement is completed
Why should I choose ALIC
A: ALIC is a specialist mortgage broker. We are independent, meaning we have no commitments to any bank and can look for the best loan for you from a range of lenders. Our goal is to provide you with the service you need and the advice you can trust to make your property dreams a reality.
Q: How much do I need to save for a deposit?
A: Generally, deposits are dependent on the value and type of home loan and the lender you choose. Once you have 5% savings, you’re well underway to achieving your goal and our ALIC brokers will be happy to have a discussion with you.
Q: Can I have a variable and fixed loan?
A: Yes, you can have a combination of a fixed and variable loan.