Never before has there been such a wide range of sources for home mortgages in Canada. Today, banks, credit unions, life insurance and trust companies are all in the market competing for your business. The right mortgage, and the right mortgage lender, depends on many variables such as the property type, location, use, and value. Even more important are your needs and goals as the property owner.


What a mortgage is going to cost will depend only in part on the interest rate, so make sure your inquiry goes beyond just "What's your rate?" Property owners need to consider important factors such as the appropriate amount, term, amortization, and payment plan of the mortgage they are considering. In addition, owners and buyers should look closely at any pre-payment privileges or penalties, fees and other non interest related costs that can be part of the terms of a given mortgage.

With such a wide variety of financial institutions offering mortgages, consumers have never had so many options - however the process of finding the most suitable mortgage has also become more complex. Certain lenders focus on the residential property market and others focus on commercial or recreational. Other lenders will focus on harder to finance borrowers who may have credit approval challenges with banks. Finally, there are lenders who specialize in specific types of properties or borrowers. While one lender may not approve a self employed person or newly arrived immigrant, another lender may focus entirely on serving this customer.

It's important to consider your alternatives and shop for the best mortgage available. You can trust your SNCO/VERICO broker to help you make the right decisions.

SNCO Finance inc. is a member of the VERICO brokers Network. The company has special expertise and knowledge of the financial services and mortgage brokering industries. SNCO/VERICO Brokers have access to over 40 financial institutions; they can shop to ensure you get the best available mortgage - and the best available mortgage rate. Whether you're buying a home, renewing your mortgage, or thinking about refinancing to renovate, invest or even consolidate your debts - Trust The SNCO/VERICO Experts.

The VERICO Network has grown to over 160 locations throughout Canada that employ over 1,800 agents who collectively process in excess of $9 Billion in annualized mortgage loan volume.
It's driven by the high standards of professionalism and commitment that each member has applied to their mortgage practice.
Whether you're buying a home, renewing your existing mortgage or thinking about taking out equity to renovate, invest, or consolidate debts - Trust the SNCO/VERICO Experts.