No, approvU is not a mortgage lender. If you get a mortgage through approvU, your mortgage contract will be between you and your mortgage lender. approvU simply helps facilitate that process, making it cheap, convenient, easy and comfortable for you and your lender while ensuring you are not signed up for the wrong mortgage. approvU does collect your void cheque as part of the documents your lender requires to complete the mortgage processing but does not use it to access your access.

approvU offers direct access to mortgage products for good credit, bad credit, and conforming and non-conforming income borrowers. Any borrower with a credit score of 500 and over can use approvU. Also, self-employed, fully-employed real estate investors to commission employees can use approvU for their mortgage applications.
approvU is sophisticated to get you just the right mortgages no matter your income and credit profile.

Traditional mortgage comparison sites immediately attempt to monetize you and often treat you as a lead to sell. These sites simply collect your information to sell to mortgage brokers and agents, which results in you being bombarded by spam calls and aggressive salespeople.

approvU is entirely different – we aren’t a lead generator. Behind approvU is a team of licensed mortgage professionals in all the provinces and regions we operate.

With approvU, “You call the shots. You make the decision. You make it happen.” By itself, approvU is sophisticated enough to guide you through the mortgage process without an agent or broker holding your hands. Our experts are standing by to help when you need it, not to influence your mortgage choice or sell you on what’s not best for you.

approvU will serve you better, providing you with upfront transparency and unbiased mortgage selections and putting you at the forefront of one of the most important decisions of your lifetime.

approvU is paid a commission by the mortgage lender for helping you get the right mortgage.
Our tool is free for all. However, we charge a small service fee for non-traditional borrowers (specifically those applying for bad credit mortgages or self-employed mortgages), which is only due after the mortgage is funded and closed. This small fee helps us cover the cost of the extra resources needed for bad credit and self-employed mortgages. The fee we charge is way lower than what you would spend if you chose to go with a broker or agent.

The approvU algorithms solely rely on the information to generate your list of qualified mortgages. Our technology is unbiased and will even advise against selecting an expensive product.
We will never sell or share your data, and we don’t cold call or spam our customers.

We will never sell or share your data with anyone or any organization not directly connected to your mortgage request. We also do not cold call or spam our customers.

approvU does check your credit only if you are qualified and ready to move ahead with your mortgage.
But, if we have to, we’ll only check your credit record once, no matter the number of lenders you choose to apply to. That shouldn’t affect your score, unlike getting these lenders to pull your report if you have to go to them directly.