For the time being, only Ontario, the Prairies and British Columbia - although there’s rumblings that they are investigating expanding their lending territory. They do have a preference for Ontario, if we are honest.

Oui. Yes. Both.
Aveo offers full bilingual servicing across Canada in English and French - making life easier for borrowers and brokers alike. Makes sense too - being based in Canada’s capital!

They offer 1st mortgages for borrowers that just need some short-term relief and have a game plan to graduate up to prime lending.

No HELOCs. No 2nd Mortgages.

Some of their mortgages include mortgage terms of 30, 35 and 40 years - groundbreaking after decades of the 35 and 40 year mortgage terms being phased out.

They have creative solutions surrounding extended debt to income ratios, how to use rental income effectively for qualification, mortgages for individuals who are new to Canada, bruised credit, etc.

Aveo offers 1 to 3 year terms, with tiered rates offered based on:

• credit score

• location of your property

• product type (i.e.: the longer the requested amortization, the more expensive rate wise)

• Debt-to-income ratios

• Whether your property is on well/septic

• Whether it’s a private sale (if purchase)

Best have a mortgage broker review where you land!

They’re in the alternative lending space, but here’s the kicker:
Some of their rates aren’t far off from what you'd find at traditional banks—with way fewer hoops.
They also encourage graduating to CMLS, where you have better rates (of course!).

Yes - but not like the mortgages of eon past. They are for buyers or homeowners who are getting squeezed by the qualifying rates (“Stress Tests”), or have a short term issue that needs to be resolved with the power of an institutional alternative lender offering groundbreaking solutions.