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Nesto Company Information

nesto is Canada’s first digital mortgage lending platform, headquartered in the Golden Mile Square in Montréal. The company offers a variety of mortgage solutions, including renewal, refinancing, and first-time homebuyer mortgages, with a 150-day rate hold option and a 1% cashback on all mortgage solutions. nesto guarantees low rates with a $500 cash payout if a lower rate is found elsewhere and offers a 20% lower mortgage rate compared to big banks. The platform provides mortgage financing for residential properties with up to 4 doors where at least one unit is owner-occupied but does not offer financing for rental or investment properties. nesto’s mortgage experts are accredited professionals in multiple provinces, and the application process is entirely digital. The company has helped over 400,000 Canadians with their mortgage needs and provides various mortgage calculators, including payment, refinance, renewal, affordability, and payment shock calculators. nesto is a certified B Corporation, committed to ethical and transparent business practices, and has raised $76 million in Series B funding to accelerate growth. The company has a partnership with Canada Life for strategic mortgage solutions and offers best-in-class insurance plans covered entirely by the company. nesto’s mortgage experts are salaried and may receive a quarterly performance bonus not tied to rates or mortgage solutions chosen by clients. Additionally, nesto offers a temporary International Work Program for employees who are avid travelers.

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