Privacy and consent

The words "you" or "your" mean the person(s) who submits this pre-qualification request by clicking the "I Agree" button. “VERICO” means  Verico Financial Group Inc. and its affiliated entities. “We” or “us” means VERICO and any one of the independently-owned mortgage brokers or agents who is a member of VERICO’s mortgage broker network under which your pre-qualification request is made.

Collection and Use of Personal Information

You understand that we collect personal information in accordance with and for purposes detailed in our privacy policy available at ”https://verico.ca/privacypolicy/”, including to provide the services requested, better understand your financial needs and determine how we may be of service to you. The type of information collected and related purposes include:

a) Your data such as name, address, contact numbers, email contact, income, employment, age, net worth, investment objectives, insurance coverage and banking information;
b) Unique identifiers: such as your social insurance, driver’s license, passport numbers, etc. (as authorized by law); used to fulfill regulatory and other governmental obligations as well as to confirm and/or authenticate your identity;
c) Information from a consumer reporting agency or other source, which may include account information and/or information about your creditworthiness to help determine a mortgage or related products for your needs and to establish or verify your credit.

Sharing of Personal Information:

You the undersigned understand that we may share your personal information including as follows:

a) We may share your personal information to credit bureau agencies, financial institutions, private investors, insurance companies, etc. to determine your eligibility for products and services.
b) We may share your personal information to Authorized Agents or Affiliated Companies, as needed for the provision of services or products requested and/or as detailed in our Privacy Policy.
c) We shall use your social insurance number as an aid to identify you with credit bureau agencies and financial institutions and for credit history file matching purposes.
d) Subject to your right to withdraw consent detailed in the Privacy Policy and optional consents provided in this Consent and Privacy Agreement, we may use your information to conduct surveys on the quality of our products and services or to provide you with offers for additional products and services that we feel may be of interest to you.

Credit Bureau Consent:

You, the undersigned, declare the information provided in the mortgage application is a true and complete representation. You understand that it is being used to determine your credit worthiness and to evaluate your request for credit. You authorize us or our designate to obtain a credit report. You acknowledge that the completion of a credit application may take time and it might entail additional credit reports. You authorize us to exchange such credit information or obtain additional credit reports for up to six (6) months from the date signed below for the purpose of securing credit or other products and services with potential mortgage lenders, insurance companies, Authorized Agents or other service providers.

Canada Anti-Spam Legislation:

You authorize us to keep in touch with you via electronic messaging in order to provide you with content and provide insightful information on mortgages, finances, etc. You wish to be kept informed and consent to the receiving of these informative electronic communications. You understand that you can withdraw consent at any time. You understand that even if you do not provide your express consent to receive promotional communications, you may still be contacted, if authorized under applicable anti-spam legislation, for example if you have recently entered into a transaction with us as well as for transactional purposes such as contacts for customer service and/or product or service information, status updates or renewals, reminder notices or answers to your questions or inquiries.

Ongoing Commitment:

You acknowledge the Verico Financial Group Inc. Privacy Policy is available for review at https://verico.ca/privacypolicy/, and understand that the collection, use and disclosure of my/our personal information will be done in accordance with such Privacy Policy.

You agree that a photocopy or electronic copy of this Consent and Privacy Agreement has the same value as the original one

Privacy policies of independently-owned mortgage brokerages who are a member of VERICO’s mortgage broker network, can be found on the brokerage website.