Select Mortgage's roots go back to 1998.
In October of 1998, Pacific Coast Savings Insurance Services purchased fifty percent of Victoria based Essex and Kent, enabling the company to offer mortgage-brokerage services to the Victoria area as well as up-island locations (Mill Bay, Duncan, Nanaimo, Chemainus) under the name Pacific Express Mortgage Corporation. In 1999, the remaining fifty percent of PEMC was purchased and the name was changed to U-Select Financial and Insurance Services Ltd, and was operated as a subsidiary company of Pacific Coast Savings Credit Union.
On December 31, 2000 Victoria based Pacific Coast Savings Credit Union and Richmond Savings merged to become Coast Capital Savings and U-Select remained a subsidiary company.
December 2004, U-Select became a specialized Mortgage Broker operating under the name U-Select Mortgage Services Ltd, eliminated other banking and insurance services from its operations and providing mortgage services on both Vancouver Island and the Lower Mainland.
In December 2005, Coast Capital Savings (now based in Surrey BC after merging with Surrey Metro Savings) agreed to sell U-Select Mortgage Services to Geoff Parkin and Don Barr (both had been employed by Coast Capital Savings) and the headquarters remained in Victoria BC.
In February of 2006, U-Select changed its name to Select Mortgage Corp.
Since the purchase from Coast Capital Savings, several new offices have been opened. The number of Sub-Mortgage Brokers has continued to grow and Select Mortgage has Mortgage Advisors working throughout Vancouver Island and the lower mainland.
In 2008, our Admirals Road location moved to more customer-friendly location in the same centre.
In 2009, our Westshore location moved to a beautiful retail location.
In 2011, we are opened a new location in Broadmead.
2014 marked our last year with the Verico Mortgage Brokers Network. We appreciate the good years we had with Verico, and chose to move our Network under the Mortgage Centre Canada umbrella.