AAA Founder, Managing Director and the MFAA's fifth ever member John Macalyk was inducted into the MFAA as a Life Member, and we couldn't be prouder.

 

This remarkable milestone recognises his exceptional expertise, integrity, and unwavering commitment to client success, as well as his dedication, outstanding achievements, and profound impact on the mortgage industry over a number of decades. 

 

Known for his knowledge, empathy and extraordinary knack for 'thinking outside the box', this accolade has encouraged industry colleagues to share their experiences working with John over the years. Talking about his wonderful contributions to the broader finance industry, his staunch maintenance of the highest ethical and business standards, and his commitment to innovation, it has been amazing to hear of the impact he has had on so many, both in and out of the mortgage industry.

 

If you know or have worked with John, this accolade will not surprise you. He has long been a champion of our industry and has created a business and legacy to be extremely proud of. Congratulations on this well-deserved recognition, and thank you John for inspiring us all to work hard, and always strive to be better. 

 

Watch the presentation that 400 brokers and industry folk witnessed at the awards.

 

 

It's been a busy couple of months for us, with more award nominations, new industry schemes to sink our teeth into, starting the search for a new broker to join the team, and a huge HUGE recognition for John.

 

Want to find out more - well read on!

 

AAA are here to help our clients navigate changing rates and financial circumstances. 

In a bonus blog this edition, we look into one of the fastest growing lenders in Australia - The Bank of Mum and Dad. 

 

In recent years, the Australian property market has become a challenging terrain for aspiring young homeowners due to soaring prices and strict lending criteria. This has led many to seek assistance from the 'Bank of Mum and Dad,' with around $35 billion in such loans estimated and over 60% of first-time buyers benefiting from parental financial support (as per Financial Review). Read the full blog here.

 

Navigating the nuances of utilising gifted deposits requires careful consideration, and AAA Mortgages' experts specialise in guiding individuals through loan options that accommodate parental contributions for deposits. Notably, not all banks endorse gifted deposits within their credit policies, making expert advice crucial. For those considering this path, reaching out for guidance could unlock the potential of the 'Bank of Mum and Dad' to realise homeownership dreams.

 

Contact our brokers today to see if 'The Bank of Mum and Dad' is a viable option for you to enter the property market.

 

The 'AAA' Financial Group We have three business arms, each run by an independent senior management team. 1) 'AAA' Mortgages Brokerage More than 80 bank and non-bank finance options 2)) 'AAA' Debt Advisory Expert and strategic Debt Advice for Family Offices and Senior Debt Requirements and Planning.   3) 'AAA' Money Our Mortgage Management and Funding program for brokers and introducers.