Victoria Mortgage Brokers
Our Victoria mortgage brokers have seen the average mortgage size go up considerably over the past couple of years. Beautiful Victoria and the rest of Vancouver Island still continues to draw many retirees and young families to the area to settle. Although finding the perfect home is slightly cheaper on the island than the lower mainland, our best rate mortgages are definitely a must to keep the mortgage payments down in Victoria.
Just as we feel it is important to have realtors who know the area when looking for that new home, we also feel having mortgage brokers who know Victoria, the Island and the rest of British Columbia is a must. We have Victoria mortgage brokers that live in the area, have seen the market trends and also know the challenges of finding that perfect home in Victoria.
Why is using a mortgage broker a must in Victoria? It's because Victoria mortgage brokers operate on a different model than the branch network of the banks, we are given access to the banks best wholesale rates on a daily basis as they try to compete with the other banks brokerage channels for your business. Bank appetites for new business can vary, but we have access to so many different lenders that you are always guaranteed to get the best wholesale rates available on the market on any given day!
Another popular mortgage product our mortgage brokers use in Victoria are the non conforming loans. Today our Victoria mortgage brokers have access to a number of financial institutions that offer these non conforming loans. These mortgages are designed for clients who don't qualify at the banks due to bruised credit or insufficient income. We refer to these mortgage lenders as 'common sense lenders'; so even if the bank says no, our Victoria mortgage brokers can usually help.
Call Verico Mortgage Options Ltd today; we have the lowest mortgage rates in Victoria, the best mortgage products and the best mortgage brokers!