Canada mortgages           

financing for everyday people

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Bank Mortgages

Great Rates with up to 100% financing for good credit Mortgage RefinanceLowest rates in market
Lowest rate even up to 100%
No Fees No Costs 

more on bank mortgages

   

Refinance Mortgages

Lower your rate or consolidate all your debts
Home Equity LoanUp to 100% refinancing
Fast and easy One low monthly payment
No hidden fees No hidden fees

No hidden fees more about refinancing

   

Bad Credit Mortgages

We can approve almost anyone 
Home Equity LoanLess than perfect credit ok
Fast and easy 4 out of 5 loans approved
No hidden fees Special mortgage programs

No hidden fees more on bad credit mortgage

   

Commercial Mortgages

Helping you achieve your business goals
Bad Credit LoansNo amount too large
loans approvedAll types of properties
loan programs Unique loan programs

No hidden fees more on commercial mortgages

 
 

Lower than Prime Mortgage Products

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.

Is a variable rate mortgage for you?

- 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

 

Interested in applying for a mortgage with us?

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.

 

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.

 

Your can count on us

Arrange for a call back from one of our mortgage professionals.We will call you back within 24 hours and discuss your mortgage needs.  No obligation.

 

Bank Rates

View our Current Rates
 

Mortgage Options

Lower than prime mortgages
Variable Open mortgages
Variable Closed mortgages
Fixed Rate Closed mortgages
Self Employed
No Income mortgages
Home Equity Solutions
No down payment mortgages
Add a 2nd mortgage
 

News Letter and Rate Alert

Subscribe to our monthly newsletter and periodic mortgage rates right to your in box

 

Mortgage Tools

 
Calculate how much you can afford
 
Find out how to pay your mortgage faster
 
Rent vs Buy Calculator
 

Recent Blog Entries

 

 

 

 
 

 

 

 

 

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Copyright 2001-2005
Aldo Mormile
Operating under license of Verico LendingDirect Corp.
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