AGF Trust Company has announced that it has entered into a licence agreement with VERICO Financial Group Inc. to offer borrowers a co-branded mortgage program. This agreement expands AGF Trust's platform into the mortgage broker channel and provides VERICO brokers with more choice for their customers.
"We are pleased that this alliance will provide us with an opportunity to deliver our mortgage program to one of Canada's largest and premiere independent broker networks," said Mario Causarano, President and COO of AGF Trust.
"Having AGF Trust's mortgage program on our platform will provide our brokers with some of the most competitively priced and innovative products in the mortgage arena, increasing our ability to help our clients with their mortgage needs," said John Kelly, Chief Operating Officer of VERICO.
The program is expected to launch in early 2011.