To provide consumers and investors with highest professional service and knowledge
Private mortgage investments, both RRSPs and non-registered
Beacon Mortgages operates as a Mortgage Brokerage firm providing the lowest cost products for our clients mortgage and lending needs.
As a true brokerage, we provide the lowest cost options for our clients. These options are selected directly from a wide range of financiers.
Many "mortgage brokers" only in fact offer a few select services, relying on co-brokerage to other mortgage or lending institutions.
Barry Mills, Beacons founder and Residential Mortgage specialist will work on your behalf to get you the best rate from more than 80 institutional lenders. Offering first mortgages & second mortgages and both fixed and variable rates, Beacon Mortgages has the ability and experience to get you the best deal.
Beacon Mortgages now is proud to announce its affiliation with Verico Financial Group to form key alliances nationally to serve its customers.
Verico Beacon Mortgages Inc. is 100% owned and operated with over 150 years collective experience.
Beacon Mortgages acts a facilitator for those individuals seeking to invest their money in residential and commercial real-estate.
In contrast to Mutual Fund and the Stock markets, private mortgages offer the investor a set monthly return at a predetermined rate. Mutual Funds and Stocks naturally fluctuate based on their market valuation and can even result in erosion of the principle. Private mortgages on the other hand offer security in a variety of ways.
The investor is secured with a mortgage instrument, which has 20-25% of borrower equity for the investor safeguarding the original principal. The mortgage sets out the investment return, which may run for a period of one to five years, depending on the negotiated terms with the borrower and investor.
The benefit of a mortgage over a real estate holding is that you have no property management requirements, no tenancy problems and the risk and benefit of market fluctuation values are that of the borrower. As well, your investment has the owners equity as protection for the investor.
Mortgage Investments through your self directed RRSP or RRIF allow for sheltered money to obtain strong growth.
Our Competitive Edge:
Fully competent in all fields of mortgage
Our Guarantee:
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