What is IntelliMortgage?
IntelliMortgage is an online mortgage broker that connects borrowers and lenders. The platform operates with a mission: to identify the best rates available in the market for its borrowers. The borrower no longer needs to contact multiple lenders or seek quotes from different financial institutions to find the top rates.
Is IntelliMortgage Safe?
IntelliMortgage platform works with licensed lenders only, making it a reliable platform to shop for mortgage rates. They've help fund over 700 million dollars worth of funds and have been featured in the Globe and Mail, Financial Post, and on CBC News. IntelliMortgage uses state-of-the-art authentication, encryption, firewalls and anti-penetration technology to keep your personal information safe.
What Products and Services Does IntelliMortgage Offer?
IntelliMortgage is an online mortgage broker. Their services include mortgages, home equity loans and mortgage refinancing.
How Much Can I Borrow from IntelliMortgage?
There are no credit limits applicable to loans available through IntelliMortgage. It simply connects borrowers with lenders, offering the most favourable terms to its platform users. You can use its online tool to get an estimate. IntelliMortgage offers loans starting at $50,000 and there is no cap. In other words, you can borrow as much money as you need and have the qualifications for.
What Is the Interest Rate on an IntelliMortgage Loan?
IntelliMortgage provides quotes from different lenders, allowing borrowers to choose the best loan terms. It has a Best Rate Guarantee program under which you'll get interest rates in the top 1%. If you find lower rates elsewhere, IntelliMortgage will match it or pay $500 to the borrower.
What Is the Term Length for an IntelliMortgage Loan?
You can find different term lengths through IntelliMortgage. It works as a matchmaker between the borrower and the lender, allowing borrowers to choose their preferred terms.
How to Qualify for an IntelliMortgage Loan?
You can provide details such as mortgage amount, mortgage term, home value, and the amortization period to get an instant quote. Once you apply, IntelliMortgage will match your qualifications with your chosen lender. As long as you're a Canadian resident, over 18 years of age and have a good credit score, you're likely to qualify.
Can I Apply Online for an IntelliMortgage Loan?
Yes, you can apply for a loan online using IntelliMortgage.
How Fast Can I Get a Loan from IntelliMortgage?
IntelliMortgage claims to approve loans within 24 to 48 hours and thereafter within a 2-week time period you'd receive your loan funds.
How Will IntelliMortgage Send Me the Loan?
IntelliMortgage provides all the standard loan disbursement methods including the most common, direct deposit. You can seek further clarification by scheduling a call with the broker.
How Does Loan Repayment Work at IntelliMortgage?
The loan repayment will vary from one lender to another. IntelliMortgage will provide complete details about your repayment terms within its quote to ensure you know whether to pay weekly, bi-weekly or monthly, taken through pre-authorized payments from your bank account.
Which Provinces Is IntelliMortgage Available in?
IntelliMortgage provides its services in Ontario, British Columbia, Alberta, New Brunswick, Newfoundland and Prince Edward Island.
What Kind of Customer Support Does IntelliMortgage Offer?
You can contact IntelliMortgage through their live chat, email, by calling their call centre or by reviewing their learning centre online.
What are IntelliMortgage Working Hours?
You can apply for an IntelliMortgage online 24/7. However, their call centre hours are Monday to Friday from 9AM to 8PM EST.
