Terms and Conditions2018-03-06T14:27:31+00:00

How the lowest rate guarantee works:

In order to qualify for the lowest rate guarantee, all following steps must be verified:

  • Client must have “A” credit, with a minimum beacon score of 700. Learn more about this here
  • The mortgage must be considered a High Ratio or a Low Ratio, insurable mortgage.  Meaning,  the cash down for the purchase must be 19.99% or less. If cash down is great then 20%, the low rate guarantee may be subject to an insurance premium.

  • Once we have quoted you our rate, you have 7 days to shop other banks and lenders.
  • If you find a lower rate on a similar* fixed rate mortgage, we’ll beat it.

    * A similar mortgage must be for the same property, term, and loan amount with the same or lower closing costs.

  • The fixed rate secured can not be considered a competitive rate during the 7 day period.  Our low rate guarantee excludes all adjustable rates, and no frills mortgages, along with all subordinated-lien loans.
  • To receive a competitive rate adjustment, send us a copy of the competitor’s good faith estimate and documentation of the property, rate, term, loan amount and closing costs. Documentation must be dated the same or no more than seven days later than the original mortgage application. Good faith estimate or approvals and other documentation must be received within seven days of your original mortgage application.
  • Pre-Approvals are not permitted.  Although we will assist you in getting a pre-approval to help you shop comfortably.  Our low rate guarantee only applies to mortgage applications with a purchase agreement completed between seller and purchaser.
  • All interest rate quoting is provided based “On Approved Credit”.  If the bank or lender deems your cash down payment or income verification as non-conventional, an interest rate surcharge may apply.  For example; if you can not prove your income (non -taxable benefits, subsistence, self employed contract work not guaranteed, and things like these) and/or your cash down payment can not be verified conventionally (borrowing a down payment, rental liquidity etc.) it is left to the discretion of the bank to present the mortgage committment and interest rate.  HMCF.ca Developments NOR Verico Finex Lending NOR Kyle Wilson will not alter or adjust any mortgage commitments or interest rates without express consent from the client.
  • If we are unable to provide you with the lower mortgage rate and you close the loan with the competing lender on the quoted terms, we will pay you $500.

    To be eligible for the $500:

    • You must send to us the original mortgage quote that we presented to you.
    • Confirmation that we we’re able review a second opportunity to discount
    • You must send to us a certified copy of the Mortgage Settlement Statement. The documents must be accurate and disclose that the loan closed on the terms and conditions, including rate lock expiration period, as previously disclosed in the Good Faith Estimate and proof of product similarity.
    • In our sole discretion, will make all determinations of eligibility and qualification for payment of this Guarantee. The Guarantee is subject to revision or revocation at any time without notice.
    • Our own mortgage rate cannot be considered a competitive rate during seven day guarantee period.

    The lowest rate guarantee does not apply to refinances, rentals, renewals or transfers.

    Offer can not be piggybacked with another competitor’s lowest rate guarantee offer.  We reserve the right to deny providing a rate quote that is eligible to be used for shopping if we deem necessary.

Credit Consent | Online Application Legal Disclaimer

The words “I”, “me” and “my” mean the person who submits this application by clicking the “Submit Application” button below. The words, “Verico Mortgage Broker” means an independent mortgage broker that is a member of the Verico Mortgage Broker Network. If I have included information in this application in respect of any other person, including a co-applicant, I hereby confirm that such other person(s) has fully authorized me to release their personal information to my Verico Mortgage Broker and that such other person(s) consent to all of the terms set-out herein. The word “Information” means personal information about me and any other person(s) identified in this application, obtained from this application or other sources. I request that this application be submitted to my Verico Mortgage Broker as soon as possible. I understand that in submitting my application to my Verico Mortgage Broker, I am hereby expressly consenting to the submission of my application and the disclosure of Information to third parties, such as lenders, insurers, credit reporting agencies, and the Verico Mortgage Brokers national or local affiliates, for the purpose of arranging and/or renewing mortgage(s). I understand that this will allow lenders to submit commitments for my review. I hereby consent to and agree that my Verico Mortgage Broker may use the Information in order to identify me, protect me from fraud and error, understand my needs and eligibility for products and/or services, recommend particular products and services to meet my needs, provide ongoing services, and comply with legal and regulatory requirements. I consent to and agree that my Verico Mortgage Broker may use the Information for the above-noted purposes and may obtain Information about me from others, including consumer reporting agencies, credit bureaus, financial institutions, and real estate appraisers and may confirm the accuracy of the Information by contacting such third parties. I further consent to and agree that each lender considering my application may obtain Information about me (and all co-applicants) from others, including consumer reporting agencies, credit the Information by contacting such third parties. I hereby consent to and agree that my Verico Mortgage Broker may retain the Information after the last mortgage application made on my behalf, or the end of the term of the mortgage, whichever is later and that my Verico Mortgage Broker may retain and use my personal information for the purposes listed above after the last mortgage application made on my behalf. I hereby acknowledge that I have been advised that Mortgage Life/Creditor Insurance may be available to me through a lender, insurance company or broker and take sole responsibility to investigate and secure such coverage if desired. I acknowledge that my Verico Mortgage Broker is an independently owned and operated member of the Verico Mortgage Broker Network (VERICO). I further acknowledge that my Verico Mortgage Broker and VERICO have no obligation to locate a lender and no responsibility or liability for any acts or omissions of any lender including failure to secure any loan by any deadline. I hereby acknowledge that my Verico Mortgage Broker may receive consideration from a lender, and that consideration may vary with the mortgage interest rate and mortgage terms accepted by me. Such consideration may include monetary fees, or goods and services having value to the recipient. The parties hereto confirm that it is their wish that this Agreement, as well as all other documents relating hereto, including notices, have been and shall be drawn up in the English language only. Les parties aux presentes confirment leur volonte que cette convention, de meme que cette convention, de mem que tous les documents, y compris tout avis qui s’y rattache, soient rediges en langue anglaise.

I hereby certify that the information given in my application is complete and correct and is given for the purpose of obtaining the mortgage loan and/or financial services applied for.

HOW WE USE YOUR INFORMATION

AGGREGATE INFORMATION

We love aggregate information because it gives us great data on how visitors to our site are using it. Aggregate information can not be used to identify an individual. We use aggregate information in every way we possibly can, including selling it to other companies or organizations.

BANNING

If you violate our Terms and Conditions. we will use your information in order to put in place appropriate measures to limit or disable your access to our site.

EMAIL ADDRESSES AND PHONE NUMBERS

If you are a registered user of our site, your email address is your unique identifier, or user name, for this site. As a registered user you have access to many features on the web site unavailable to those using the site anonymously.

If you have subscribed to a newsletter or for property updates we will use your email address to send you the information you have requested.

If you have subscribed to receive messages via SMS message we will use the mobile phone number you have provided to send you the information you have requested.

We do not disclose your address, email address, phone number or other contact details publicly or privately to any third parties without your explicit consent.

Disclosure of your phone number is required in order to use our online offer assistant applications and you must disclose your email address in order to use our Share by Email tools.

PERSONALLY IDENTIFIABLE INFORMATION

When you participate in any discussion, information you submit may be made publicly available and attributed to you. For example, when you provide a public comment on an article, both your comment and your name will be shown on the page for other visitors to see. This information may be copied or shared by other people, and unfortunately we have no control over who obtains the information or what they do with it.

If your participation in a contest, survey, or special offer entitles you to a prize or other gift of thanks, we will use information you provided to us to fulfill your prize. Some survey information may be maintained with your profile so we can tailor the presentation of our work to you.

Protecting Your Information

FINANCIAL INFORMATION

All financial information is managed by our secure third party transaction processor, Stripe.com. Our site does not store credit card numbers or security codes. Anytime sensitive information is entered on this site it is encrypted using Hypertext Transfer Protocol Secure.

AGGREGATE DATA

If a data sample is so small that disclosure thereof might potentially allow for the identification of individual data points we do not make the data available for external use.

PERSONALLY IDENTIFIABLE INFORMATION

To prevent unauthorized access, maintain data accuracy and ensure the appropriate use of information, we have put in place physical, electronic, and managerial procedures to protect the information we collect online.

ACCESSING YOUR INFORMATION

ADVERTISERS

We do not provide personally identifiable information to advertisers and we do not share your contact information with them without your permission. We do share aggregate information and anonymous demographic information and behaviour patterns which illustrate how our visitors use this site.

THIRD PARTY PROVIDERS

We will not share individual-identifying personal information about you with third parties without your permission, with the exception of service providers or other organizations we contract with to fulfill services on our behalf (e.g. delivering email or mail, executing credit card transactions), or under the circumstances described in Law Enforcement and Legal Compliance below.

LAW ENFORCEMENT AND LEGAL COMPLIANCE

We may disclose personally identifiable information if we are required to by law, or we believe that such action is necessary to (a) comply with the law or with legal process, (b) protect and defend our rights and property, (c) protect against misuse or unauthorized use of the web site, or (d) protect the personal safety or property of our users or the public.

If you attempt to pose as someone else, we may disclose information about you or your actions as part of an investigation into any harm done by your actions.

BUSINESS TRANSITIONS

If we were to merge with or acquire another entity, or sell a portion of its assets, some information regarding registered web site users, and/or web site visitors may be transferred.

MANAGING YOUR INFORMATION

EDITING YOUR PROFILE

You may, at anytime, modify the information that we have on file for you by logging into our site and editing your user and/or property profile

MISCELLANEOUS

Kyle Wilson is not responsible for the content or the privacy policies of web sites to which it links.

From time to time, we may use web site visitor information for new, unanticipated uses not previously disclosed in our privacy notice. If our information practices change at some time in the future we will post the policy changes to our web site to notify you of these changes. If you are concerned about how your information is used, you should check this page periodically.

Privacy Policy

NOTE: Throughout this page, the terms “we,” “us,” and “our” are meant to include Kyle Wilson’s staff and third party partners such as Verico Finex Lending.

INFORMATION WE COLLECT ABOUT YOU

REGISTRATION

When you register with our site you will be asked to provide an email address, your first and last name, and your postal code. Optionally you may also provide a home and mobile phone number and choose into occasional marketing updates.

This information is used to create a unique profile for you on our site.

You will be sent a randomly generated password which you may change after logging into the site.

To minimize the information we collect about you, we do not collect your home address. A postal or zip code allows us to calculate your general location and still provide you with reasonably accurate location features.

BROWSING THE SITE

When you visit our web site, we collect information about your visit (e.g. session length, pages visited, network location) based on the IP address of your computer, or your unique user identifier (if you are a registered user). Our web site uses cookies and access logs to facilitate this tracking.

This information is stored in log files. Log data is used in aggregate to analyze how people use our web site and is not used to identify the behaviour of individual visitors.

SENDING A MESSAGE OR OFFER

In order to send a message to a realtor, or submit an offer on this site we require that a person provide a home phone number or email address. This is to help verify users of our messaging and offer systems in order to help our sellers identify, and avoid receiving messages from users with bad intentions. We also log the unique IP address of your computer.

Your message or offer is stored in an encrypted format on our server. Our staff may not review a message unless the recipient reports that it has violated our Terms and Conditions.

SHARING A NEWS ITEM, SEARCH RESULTS OR A PROPERTY LISTING

In order to use our share features we collect your email address and the unique IP address of your computer – we also temporarily collect the email address of the people you are sending the information to. All email addresses are erased from the system shortly after we have successfully delivered the email.

We use the information we collect through our share feature exclusively to monitor for abuse of the system.

In the case of third party web sites like Facebook, Twitter and del.icio.us – we do not collect any information and simply forward you to their web sites. Please review their privacy policies.

COMMENTING

When you leave a comment on a news or blog article on our web site we log the unique IP address of your computer. Your comment will be stored in our database.

MAKING AN ONLINE PURCHASE

If you make a purchase using our online store we will log the history of the transaction, including authentication, order and transaction numbers and billing and shipping addresses. Our online store does NOT store your credit card number or expiry dates.

When you make a purchase online using your credit card we will send you to our credit card processing partner; Stripe.com

LISTING A PROPERTY

When you list a property on our web site we collect information about its location, condition, features and your asking price. This information is used to help you attract potential buyers to your listing. During the listing process you will also be asked to provide contact information which will be publicly disclosed so that buyers may contact you.

Your property features are also used for compiling aggregate data reports, which can’t be used to identify your individual property.

SELLING A PROPERTY

When you sell a property listed on our web site we request that you provide us with the sale price. This information, by law, is public information and your lawyer will file the price with your provincial government office as part of the registration process. We use the sale price of your property as part of our non-identifiable aggregate data sets.

PARTICIPATING IN A SURVEY, CONTEST, OR SPECIAL OFFER

Occasionally we may offer a survey, contest or special offer on this site. When this happens we will clearly define what information is collected and who your information will be shared with if it is an exception to any part of this privacy policy.

TERMS OF USE

WHO WE ARE

Kyle Wilson is a licensed Mortgage Broker. We are not real estate brokers or real estate agents. We do not represent home buyers or home sellers. Any mortgage finance advertising and brokering is strictly done through our partner program established through Verico Finex Lending and is licensed under Ficom Regulations: FICOM #500983

FRAMING AND LINKING TO OUR SITE

You may freely link to any publicly available content directly. You may not use any framing technique without our written consent.

REVERSE ENGINEERING

You may not decompile, reverse engineer, disassemble or otherwise recreate this web site.

You may use Robots, Crawlers or Spiders on this site. They must not collect any contact information or download pictures (they may link to pictures) and they must comply strictly with the Robots Exclusion Standard. Any resulting output, if displayed publicly, must be properly credited and contain a link back to the original listing or article. We reserve the right to deny access to any Robot, Crawler or Spider for any reason and recoup the cost of any activity that violates these Terms of Use.

DATA COLLECTION AND STORAGE

All information collected, used and stored by this web site is subject to, and strictly governed by, our our terms and conditions.

USER-CREATED CONTENT

When you contribute material on, or communicate in any with, including communication during registration, message boards, comments, resumes, photographs and any other transmission of information conducted on the site, you represent and warrant that you own or otherwise control all of the rights to the content that is being communicated, that the content is accurate, it does not violate these Terms of Use, and that it will not cause injury to any person or entity.

When you contribute content you unequivocally grant Kyle Wilson, our partners and related entities a royalty-free, perpetual, irrevocable, non-exclusive right and license to make use of, in whole or in part, copy, modify, display, archive, store, distribute, reproduce and create derivative works from all information you provide to us, in any form, media or technology of any kind now existing or developed in the future as allowed under our Privacy Policy. You also grant us the right to use your name and any other information about you that you provide in connection with its use and with the reproduction or distribution of such material. All the rights outlined in this paragraph are granted without the need for additional compensation of any sort to you.

Please note that we do not accept unsolicited materials or ideas for use or publication. We are not responsible for the similarity of any of its content or programming in any media to materials or ideas transmitted to kylewilson.ca. Don’t send us anything you expect to get paid for without first making an arrangement with us.

INTERACTIVE FEATURES

Interactive areas of our site like, message boards, article commenting, etc., are intended to encourage debate. People will differ and disagree – opinion is subjective and we encourage freedom of speech and a marketplace of ideas. But by using these areas of our site, you are participating in a community that is intended for all of our visitors.

We reserve the right to remove any content posted on our site at any time, for any reason. Decisions as to whether a contribution should be censored or removed will be made by Kyle Wilson in its discretion at any time after posting.

Without limiting our right to remove content, we have attempted to provide guidelines to those posting content on our site. When using our site, please do not post material that:

may contain vulgar, profane, abusive or hateful language, epithets or slurs, text or illustrations in poor taste, inflammatory attacks of a personal, racial or religious nature, or expressions of bigotry, racism, discrimination or hate.
is defamatory, threatening, disparaging, grossly inflammatory, false, misleading, deceptive, fraudulent, inaccurate, unfair, contains gross exaggeration or unsubstantiated claims, violates the privacy rights of any third party, is unreasonably harmful or offensive to any individual or community, contains any actionable statement, or tends to mislead or reflect unfairly on any other person, business or entity.
violates any right of Kyle Wilson or any third party.
discriminates on the grounds of race, religion, national origin, gender, age, marital status, sexual orientation or disability, or refers to such matters in any manner prohibited by law.
violates any municipal, provincial or federal law, rule, regulation or ordinance, or attempts to encourage such an evasion or violation.
unfairly interferes with any third party’s uninterrupted use and enjoyment of kylewilson.ca.
advertises, promotes or offers to trade any goods or services, except in areas specifically designated for such purpose.
uploads copyrighted or other proprietary material of any kind without the express permission of the owner of that material.
uses or attempt to use another’s account, password, service or system except as expressly permitted by the Terms of Use.
includes images, photos, or articles or other content that constitutes, promotes or encourages illegal acts, violation of any right of any individual or entity, violation of any civic, municipal, provincial, national or international law, rule, guideline or regulation, or otherwise creates liability.
uploads or transmits viruses or other harmful, disruptive or destructive files.
disrupts, interferes with, or otherwise harms or violates the security of kylewilson.ca, or any services, system resources, accounts, passwords, servers or networks connected to or accessible through kylewilson.ca or affiliated or linked sites.
“flames” or “spam” any individual or entity (e.g., sends repeated messages related to another user and/or makes derogatory or offensive comments about another individual), or repeats prior posting of the same message under multiple threads or subjects.
We will also make every reasonable effort to remove any posts suspected of being made by a child.

WARNING: A VIOLATION OF THE PRECEDING GUIDELINES AND PROHIBITIONS MAY RESULT IN PERMANENT BANNING FROM THIS SITE AND WILL BE REFERRED TO LAW ENFORCEMENT AUTHORITIES WHEN APPROPRIATE.

THIRD-PARTY COMMUNICATIONS

Your dealings or communications through kylewilson.ca with any party other than an official kylewilson.ca representative are solely between you and that third party. Certain areas of our site may be e-commerce enabled and allow you to conduct transactions or purchase goods or services. In most cases, these transactions will be conducted by our third-party partners and vendors.

Under no circumstances will Kyle Wilson be liable for any goods, services, resources or content available through such third party dealings or communications, or for any harm related to their purchase or use.

Please review carefully the third party’s policies and practices and make sure you are comfortable with those policies and practices before you engage in any transaction. Any complaints, concerns or questions you may have relating to materials provided by third parties should be forwarded directly to the third party

INTERNATIONAL USE

kylewilson.ca is controlled, operated and administered from its offices within Canada. We make no representation that materials or content available through our site are appropriate or available for use outside Canada and access to our site from territories where our content might be deemed illegal is prohibited. You may not use kylewilson.ca or export any of our site content in violation of Canadian export or intellectual property laws and regulations.

If you access kylewilson.ca from a location outside Canada, you are responsible for compliance with all local laws.

TRADEMARKS

kylwilson.ca and our logos are trademarks of hmcf.ca or kylewilson.ca. Any unauthorized use of our trademarks is strictly prohibited without written permission except when falling under fair use protections.

COPYRIGHT

The materials, content and design of our web site are protected by copyright laws and are either owned by, or licensed to kylewilson.ca. We encourage the non-commercial use of material from our site. Any commercial use of the listings or data in whole or in part, directly or indirectly, is specifically forbidden except with written permission.

You may not, under any circumstances republish any of the content or listing data contained on this site without written permission.

LIMITATION OF LIABILITY

We take every reasonable effort to include accurate and up-to-date information on this site, however we make no warranties or representations as to the accuracy of the presented details and content and assume no liability or responsibility for any error or omission.

We have not reviewed all of the sites linked to by kylewilson.ca and are not responsible for the content of any off-site pages or links to or from any other sites. While we encourage third parties to abide by these Terms of Use, Kyle Wilson accepts no responsibility for actions of third parties.

You use this site at your own risk. We can not guarantee that your use of our site will meet your requirements, be uninterrupted, timely or error free.

REVISIONS

We reserve the right to change these Terms of Use at any time and to notify visitors of any such changes solely by modifying this page. We change the ‘last updated’ date, at the top of this page, whenever this page is modified.