Terms and Conditions

$1,000 Incentive with Approved Mortgage with Approveage

Effective Date: January 20^th, 2025

These Terms and Conditions outline the eligibility criteria, obligations, and limitations associated with the $1,000 incentive provided upon approval of a mortgage application in Canada. Additionally, they include provisions for a $100 referral incentive for the referring realtor.

1. Eligibility

To qualify for the $1,000 incentive, applicants must meet the following criteria:

1.1. Be a resident of Canada and of legal age to enter into a mortgage agreement in their province or territory.

1.2. Submit a mortgage application through Approveage (“The Company”).

1.3. Obtain approval for a mortgage with a minimum mortgage amount of $300,000.

1.4. Accept and sign the mortgage agreement and associated documentation within 90 days of approval.

1.5. Comply with any additional criteria specified by the lender or The Company.

2. Referral Incentive for Realtors

2.1. A $100 referral incentive will be provided to realtors who refer clients that successfully meet the eligibility criteria and obtain mortgage approval under this promotion.

2.2. To qualify for the referral incentive, the realtor must:

• Realtors must be assigned to a client’s application to qualify for the promotion.
• Complete and accurate contact information for the realtor must be provided with the application.
• Incomplete or invalid contact details will result in disqualification from the promotion.
• Be a licensed realtor in Canada at the time of the referral and in good standing with their regulatory authority.

2.3. The referral incentive will be issued via cheque within 30 days of the successful disbursement of the client’s mortgage funds.

 

3. Offer Details

2.1. The $1,000 incentive will be provided as a one-time payment, issued via cheque.

2.2. Payment of the incentive will be processed within 30 days following the successful disbursement of the mortgage funds.

2.3. Both the $1,000 client incentive and the $100 realtor referral incentive are non-transferable, non-refundable, and cannot be exchanged for other products or services.

 

4. Exclusions

The following circumstances disqualify an applicant from receiving the $1,000 incentive:

3.1. Applications submitted outside the promotional period January 20^th, 2025, and February 15^th 2025.

3.2. Mortgage applications that are declined, withdrawn, or not finalized.

3.3. Refinanced, renewed, or ported mortgages that do not meet the specified eligibility criteria.

3.4. Any fraudulent or misrepresented application.

 

5. Limitations

4.1. The $1,000 incentive is limited to one per mortgage agreement, regardless of the number of applicants.

4.2. The $100 realtor referral incentive is limited to one payment per referred client, regardless of how many applicants are on the mortgage.

4.3. The Company reserves the right to modify or terminate this offer at any time without prior notice, provided such changes do not affect applicants already approved under the offer.

 

6. Privacy and Data Use

5.1. By participating in this offer, applicants consent to the collection, use, and disclosure of their personal information in accordance with The Company’s Privacy Policy.

5.2. Personal information will be used solely for purposes related to the mortgage application and the administration of this offer.

 

7. Dispute Resolution

6.1. Any disputes arising from these Terms and Conditions will be resolved in accordance with the laws of the province or territory where the applicant resides.

 

8. Contact Information

For questions regarding this promotion or these Terms and Conditions, please contact:

Approveage Inc. 

[email protected]

By participating in this offer, applicants acknowledge that they have read, understood, and agreed to these Terms and Conditions.