Kanetix.ca expands mortgage comparison service to Alberta, Saskatchewan, and Manitoba

Residents of Nova Scotia, New Brunswick, PEI and Newfoundland can now compare and secure mortgage rates, and get pre-approved online.

Toronto, ON (Jan. 14, 2013) – Kanetix.ca’s innovative mortgage comparison service – where people can compare and secure mortgage rates, plus get pre-approved online – is now available to residents in Nova Scotia, New Brunswick, PEI and Newfoundland.

Featuring a wide network of leading Canadian bank and non-bank lenders, the Kanetix.ca mortgage comparison service offers residents in Nova Scotia, New Brunswick, PEI and Newfoundland the opportunity to not only compare mortgage rates, but also secure a rate and get pre-approved online at their own convenience. Whether looking for an open or closed mortgage, variable or fixed rate, all options are available through Kanetix.ca.

“This marks the second expansion of our mortgage offering in Canada in 2013 and we’re very excited to extend our service to Eastern Canada,” said Yousry Bissada, President and CEO of Kanetix Ltd. “Kanetix.ca’s easy-to-use and innovative comparison shopping service offers some of the best mortgage rates available to our mortgage customers.”

Until April 19, 2013, qualified Canadians can secure a rate of only 2.85 per cent on a five-year fixed mortgage through Kanetix, with a 90-day rate hold.* This rate offer is available to mortgage shoppers seeking both conventional and high ratio mortgages. Kanetix.ca offers Canada’s only mortgage comparison service that allows customers to secure a rate and receive a pre-approval in real-time. Customers looking to purchase a new home or to refinance an existing mortgage can comparison shop from a wide-range of highly competitive mortgage rates. Then once the choice is made, consumers will have the option to speak to a licensed mortgage broker through the comparison service’s exclusive priority telephone queue, or can choose to complete the pre-approval process completely online. Mortgages and pre-approvals are completed by Kanetix.ca’s mortgage partners Invis and Mortgage Intelligence.

*Terms and conditions apply. Offer is on approved credit and is subject to change.

About Invis-Mortgage Intelligence

Invis-Mortgage Intelligence is one of the largest and most respected national mortgage brokerages in Canada. Over 1,150 mortgage consultants help Canadians meet their homeownership goals through access to over 50 lenders. Since 1989, Invis-Mortgage Intelligence has arranged over $110 billion in mortgage financing, with over 525,000 satisfied customers. The company operates in four key business lines – Residential Mortgages; Commercial Mortgages: Mortgage Life, Disability and Critical Illness Insurance; Commercial Leasing and Consumer Finance. Visit www.invis.ca and www.migroup.ca.

About Kanetix

Launched in October 1999, Kanetix was Canada’s first online insurance marketplace and today provides over a million quotes per year to consumers looking for insurance, as well as comparisons for mortgage rates and credit cards.

The Kanetix comparison service is a one-stop shopping environment for consumers. Each day, thousands visit the Kanetix website at www.kanetix.ca to comparison shop their various financial needs. Shoppers choose what they want to compare, obtain a quotation and complete an online application or, with the help of Kanetix connect with the provider to purchase or apply for the product over the phone.

Through its Software as a Service team, Kanetix is also the leading provider of online insurance quotation technology, developing online quotation systems, mobile solutions, actuarial tools and websites for many of Canada’s largest insurance brands.

SOURCE: Kanetix