Our lower than
prime mortgage product portfolio is a complete selection
of mortgages from many Canadian Banks and mortgage
companies.
You may choose a variable rate product that is priced
at a predetermined discount from whatever the bank's
prime rate is. This discount will continue for the
entire term.
Depending on your comfort level you can choose
between a variable mortgage that is deep discounted or
one with less of a discount but is capped not to go
higher than a certain rate, giving you a higher lever of
security.
You may also choose a variable rate product that is
priced with a very high introductory discount for a
certain period of time, then levels off with a more
moderate discount for the remainder of the term.
Your repayments can be made either to remain fixed
for the entire term of your mortgage, or as with certain
variable mortgages, you payment will adjust itself if
prime changes. When you payments are fixed, more
of your payment will go towards your principle and less
towards the interest, when prime falls and vice versa.
Payments can be arranged either monthly,
semi-monthly, bi-weekly, and weekly payments. You
may also choose to accelerate your payments to pay down
your mortgage quicker.
Maximum amortization period is 40 years.
You may also lock your mortgage into a 3 year
or more guaranteed rate at any time during the
period providing certain conditions are met.
- Available for purchases and refinancing
- You have at least 5% down on purchases
- You are able to accept the risk if prime increases
- You expect that prime will decrease during the term
of your mortgage
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The first step is to allow us to get you
pre approved.
If you have already made an
offer on a property, then you are
ready to apply for a
mortgage on line.
You may also apply by fax. Download a a printable application, or you may call us at
1-877-307-6800 and talk to one of our mortgage
expert.
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See how we can help you, if you are:
Buying your first home
We understand how important it is for you to own your
very first home. At Verico LendingDirect, we are
available to answer all of your questions from your down
payment, qualifying for your mortgage, and getting a pre
approved mortgage certificate.
Choosing a Mortgage
When it comes to choosing which product and features
best suits your need, we are at the forefront of
valuable information and advice. As a
broker, we carry a full portfolio of Bank Mortgage
products from many of the large banks and mortgage
companies. We make it easy for you to cross shop
mortgage products under one roof. Check our
mortgage products
Already a homeowner
If you own your home already, we can help you to
transfer your mortgage, refinance your
mortgage to lower your rate, or consolidate
your mortgage payments along with all your other
consumer debt.
If you wish to transfer your mortgage see our transfer
in pages.
To refinance and lower your borrowing costs follow this
link.
If you wish to consolidate and lower your overall
monthly debt payments go here.
Lowest
ra
Your
can count on us