Mortgage Brokerage Website Comparison: Verico vs Mortgage Architects

Alyssa Furtado
by Alyssa Furtado November 10, 2011 / No Comments

As you know by now, we love comparisons, especially when it comes to mortgage rate comparison (It’s kind of our thing).  Lately, we’ve been comparing mortgage brokerage firms and their official webpages against each other. Today, we’ll take a look at the Mortgage Architects and the Verico Mortgage Brokers Network.

The Mortgage Architects is mortgage brokerage firm that is made up of mortgage brokers all across Canada. They deal with over 50 lending financial institutions.

The Verico Mortgage Brokers Network is a national network of brokerages that adhere to the networks’ business standards. They have over 160 locations across the nation.

SCREENSHOTS

Mortgage Brokers Canada

 

TOPIC

VERICO

MORTGAGE ARCHITECTS

Mortgage Rate Accessibility

Needs Improvement

Needs Improvement

Noise/Clutter

Great

Great

Ease of Navigation

Great

Great

Mortgage Information

Needs Improvement

Great

Mortgage Calculator(s)

Needs Improvement

Good

 

OVERVIEW

Verico isn’t a mortgage brokerage firm but rather a network of mortgage brokers, so they can’t exactly post mortgage rates, since each broker will be able offer something different. However, if you input your location on the site, they supply a list of mortgage brokers as well as links to their websites.

The Mortgage Architects is a mortgage brokerage, but unfortunately they do not list their rates either. We do enjoy the simplicity of the site as well as the colour scheme which is we find quite inviting.

MORTGAGE RATES

Let’s take a look at how their mortgage rates compare:

 Brokerage

5-yr Fixed

5-year variable

Verico Mortgage Rates

3.44%

2.90%

Mortgage Architects Mortgage Rates

3.49%

3.00%

Rates taken November 09, 2011

CONCLUSION

Both sites are clean with very little clutter, which makes navigating around them very easy. Also, both sites focus on getting you, the mortgage inquirer, to contact them through the website. We believe the Mortgage Architects supplied a better webpage that supplied useful mortgage information such as a mortgage planning centre and calculators.