Merger creates regional powerhouse

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The largest brokerage in Atlantic Canada has solidified its place as the leader in the region after a merger with another eastern player.
“We’ve always operated at a high level of service with the best mortgage professionals in the business,” Don MacVicar, president of Verico Premiere Mortgage Centre Inc., said in an official release. “This partnership allows us to offer new and existing clients access to the services, technology and market intelligence that comes with being part of a larger group. It’s something we’re excited to bring to our clients.”
Verico Premiere Mortgage Centre – already considered the largest brokerage in Atlantic Canada – has merged with Mortgage Advantage.
For its part, Premiere Mortgage Centre earned the designation of Mortgage Brokerage of the Year at the 2013 Canadian Mortgage Awards.It is home to over 75 individual employees and is expected to originate over 3,000 mortgages this year for a total of over $1 billion in originations.

Ralph Stephen has operated Mortgage Centre Advantage since 2002.
“We are continually looking to grow and offer our services to more Canadians,” says Ralph Stephen, owner of Mortgage Centre Advantage. “Premiere Mortgage Centre Inc. gave us a great opportunity to do just that. They have a long-standing reputation in Canada as very knowledgeable and professional mortgage brokers and that was really attractive to us. The merger of our two cultures will create many opportunities.”
  • Roslyn Goldmintz on 2015-05-01 10:21:55 AM

    Congratulations! Wishing you much success.

  • Jason Friesen on 2015-05-01 12:08:24 PM

    As a member of the Premiere family, this is exciting news for our company. Kerri & Don have taken their time and built the business the right way, with the right people on board and have created a top notch work environment that allows it's employees to thrive. This addition helps position us uniquely in this market as we now do as much business as a team that some super brokers do.

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