News & Resources

EasyMortgages Brokerage Service Launches in Ontario

Feb. 13, 2014
1 mins
Family hanging out together in modern living room

Ontario customers with cash and credit constraints have a new mortgage broker to turn to as of Feb. 13.

Headquartered in Hamilton, ON, easyMortgages will focus on helping customers with less than perfect credit to get a suitable mortgage.

As with other licensed mortgage brokers, easyMortgages will negotiate with the major Canadian banks, lenders and mortgage firms to get the best rates for their customers who want to purchase a home.

David Ingram, easyhome's President & CEO, said: "While we have no plans to act as a mortgage lender, the mortgage brokerage business will allow us to further assist the underserved cash and credit constrained customer and leverage our easyfinancial customer base without a significant capital investment."

Expect the new mortgage broker to launch offices in other provinces soon, adds Ingram. The parent company of easyMortgages is easyhome (TSX: EH), which operates 237 leasing stores offering household furnishings, appliances and home electronics.

Latest life insurance articles

10 Myths About Life Insurance Busted – Some May Surprise You
You may be young with no kids and no mortgage. Life insurance is for someone older, who has dependents right? Wrong. Let’s debunk life insurance myths and learn why everyone needs some form of coverage.
Will a Life Insurance Policy Cover Death Due to COVID-19?
Demand for life insurance may be on the rise during the pandemic as more Canadians consider buying a policy or reviewing ones they already have. If you’re thinking of applying for a policy, here are a few things to keep in mind.
How Does Vaping and e-Cigarettes Affect Life Insurance?
Many insurers may classify vaping in the same way they do smoking. If you smoke or vape, you can still qualify for a life insurance premium, but in all likelihood, you will pay a higher rate than someone who does not.