We are always "Looking out for your best interest"
We are here every step of the way! We are your personal shopper to help navigate buying a home for the first time, refinancing your current home to gain access to equity or renewing your existing mortgage. With an abundance of information and financial options available, the mortgage process can be time-consuming, confusing and intimidating. CENTUM mortgage brokers go through licensing, ongoing training and education to make sure our advice is relevant and sound. With an unbiased mortgage broker by your side, we help you make an educated decision on what’s likely one of the biggest investments of your life. At CENTUM, YOU are our Customer, NOT the Lender. CENTUM mortgage brokers are not employees of any bank. We are not limited to one lender’s product offering, nor should you be. As your mortgage broker, we seek out the best financial solution to suit your specific situation, whether it’s with a Chartered Bank, Trust or Lending Institution.
Finding the Best Mortgage at the Best Rate At CENTUM, we’ve been successfully delivering the best rate for tens of thousands of satisfied clients for over 15 years throughout Canada. CENTUM is built on the philosophy of matching a mortgage to your unique situation and not the other way around. We negotiate with multiple lenders to get you the best rate on the best product. We are dedicated to knowing the mortgage system and having the industry knowledge required to present an appealing proposal for home financing to any lender. We do the due diligence, the paperwork and the legwork to make sure you will be on your way to smart home ownership! At CENTUM, we are always « Looking out for your best interest* »
Reach out to us for a question or complete an application
The best thing about working with one of our CENTUM mortgage brokers is that our services are free. Reach out to us for a question or complete an application, it will be at no cost to you!
Whether you’re taking the plunge into real estate for the first time or maybe you’d just like a refresher, we’re here to make things easy to understand and incredibly convenient. Our CENTUM mortgage brokers want to be your source for mortgage advice providing help, advice and ongoing guidance. Our focus is getting you the right mortgage solution for your needs and budget. Let us simplify the financial side of home ownership. Check out our mortgage tutorial below. After you’re done, feel free to share it with your friends:
The age-old debate: The security of fixed rate versus the potential savings by having a variable rate that adjusts with the Bank of Canada prime rate. Let’s get you into something you are comfortable with! We could write a small book on this topic but let’s be honest, who reads that much anymore? We’re actually grateful you’ve read this far so, as a thank you, here’s a video to explain the difference.
Trying to select the best mortgage term for everyone is like declaring the best flavour of ice cream, it just can’t be done! Just like no two people are exactly alike, the same goes for mortgages. Picking the right mortgage is beneficial to your long-term planning and it can help you pay your mortgage down faster. Everyone’s circumstances and goals are different and our role in this process is to understand your needs and wants before helping you choose a mortgage term. Once we’ve established what best fits your financial plan, we can then present you with a variety of options that will keep you on track. The combination of a well thought out plan, with a mortgage that offers pre-payment flexibility and a term that aligns with your life, is a recipe for smart home ownership. Let’s start a conversation about how we can get you exactly what you’re looking for!
We want to be by your side on this exciting journey
We want to be by your side on this exciting journey! Our commitment is to provide you with the advice and guidance needed to navigate your way to home ownership. We provide so much more than a mortgage. We are on your team to make sure you reach your home ownership goals and financial success. Had a Mortgage Before? In five years, your life can change a lot and we understand that. At CENTUM, we will take you through our renewal process to make sure that you get a low rate but also the right mortgage. We will talk goals, future plans and about those big life moments to make sure that your mortgage is compatible to your life. We understand that this purchase might be the biggest financial decision of your life and we take that seriously. CENTUM mortgage brokers are here to walk you through every step of the process and make sure you have peace of mind that you are making the right decision when getting a mortgage.
Talk to a Mortgage Broker The first step is to find out what you can afford, costs that will be incurred with home ownership and what you will be qualified to borrow. Talk to one of our CENTUM mortgage brokers and get a preapproval started and make sure you are on the right track to owning your first home. Find a good Real Estate Agent Looking online for homes is a good start but often when you find one you like, chances are, everyone else likes it too and it may be gone before you even get a chance to view it. Once you know what you can afford, contact a real estate agent and get that extra set of eyes on the market for you. They often have inside tips on homes coming on the market before the general public does. They will normally ask you to make a list of things that are important to you, like size, condition, location, style and price. This will help narrow the search and have you ready to buy that first home! Realize you won’t find the perfect home This is because the perfect home doesn’t exist. for first-time buyers, getting into the market may mean sacrificing a few things, but it’s a stepping stone. It is important to remember that your first home is an opportunity to get into the market and start to build that equity. It’s not likely to be your forever home but it still puts you much further ahead than renting! Seriously Consider a Home inspection A home inspection is a very common condition on a purchase, especially on older homes. It’s important to know potential concerns. A home inspector will go through the house, write up a report and then go through it with you so you are aware of any potential concerns. They can give you advice on the things they think are urgent and the things that can wait. Knowing potential issues can help you make an informed decision. Pay attention to the little things When you start to feel pressured to decide, either because of a time crunch to move out of your current place or because you feel you’ll never find what you’re looking for, you may decide to over-look things that might cause some regret in the future. Pay attention to how the house smells – a strong odor, especially a musty one, can be an indication of mold Look at small details – if there are cobwebs in the corners, dirty windows, weeds in the lawn and leaves in the gutters, the owners probably didn’t do the best job at keeping it clean. If they didn’t spend the time and money to take care of little things, there is a chance that bigger things, like plumbing or heating/cooling systems may have fallen by the wayside as well. If the house needs a few minor repairs or new paint be aware that it can take time. It takes a lot more time than you expect to complete some of these small tasks Be ready to negotiate If there is something you feel needs to be addressed, put it in your offer. If it’s important to you, make sure you can come to an agreement with the current owners. If you want the home owners to replace the hot water tank because it’s on its last leg, that can be negotiated into the purchase price to either be taken care of by them or have them knock down the price so you can take care of it yourself. This is where a real estate agent can really be an asset, they are trained to negotiate for you. Why not have someone like that in your corner. Don’t spend all your money on a down payment Even if it’s not your first home, you may need to purchase things like a lawn mower, appliances and possibly furniture. If you use your entire savings on the down payment, how will you take care of these things? Don’t drain your savings account completely to avoid CMHC fees or to put as much cash down as possible. Buying your first house can be overwhelming. That is why our CENTUM mortgage brokers here to help. With the best advice from a mortgage broker and a real estate agent, you can alleviate a lot of unnecessary stress and make this purchase as smooth and exciting as it shou
Being pre-approved for a mortgage has endless benefits including knowing your budget, being a more desirable buyer and expediting the process when you find your dream home. You wouldn’t go shopping without your wallet and it is the same when it comes to buying a home. The pre-approval process creates confidence, education and ease to make one of the largest purchases of your life. When pre-approved, it will clarify the following: What is your budget? What will be your mortgage payment? Do you need to restructure your financial picture? It will secure a rate for a predetermined timeframe It makes your real estate agent happy and makes you a serious buyer Don’t take the risk of finding your dream home and hoping the bank will say yes. Finding the perfect home is hard, but our CENTUM mortgage brokers make the mortgage process simple!
We want to make your mortgage fit your lifestyle
When you get close to your renewal date and come to the fork in the road let a CENTUM mortgage broker help guide you down the trail of renewal or switching lenders. The switch/renewing your mortgage process is made easy. A renewal/switch is usually straight forward, but should be well thought out. There is lots to consider including the time frame of owning the real estate, any plans to modify the property and of course reviewing all your options. Choosing the right term and payment is crucial so it is suited to your current financial plan along with your future goals. At CENTUM, we want to make your mortgage fit your lifestyle and still be flexible if anything is to change.
About six months out from your mortgage renewal your current lender will send you a renewal notice. As easy as it would be just to sign that notice and continue with the conditions, it’s important to ensure that you are getting the best rate and mortgage. Let us do a quick review to make sure you are exactly where you should be. Your renewal date is a fresh start and if there’s another lender that’s able to provide something that better suits your needs for the next term, we’ll find it. There is an assumption that you should just renew, but take the time to review all your options. Make sure you reach out to one of our CENTUM mortgage brokers to review your mortgage renewal!
There’s no better time to negotiate than when a lender is hoping to keep you as a client for another term. Upon renewal, your mortgage lender may reach out and offer you a variety of options. One of our CENTUM mortgage brokers can help negotiate the renewal terms if you don’t have the time or comfort level for it. Bottom line, we’re here for any mortgage renewal advice. We’re always looking out for your best interest.
Rates can be volatile in nature. Fortunately, if rates are about to rise the media loves to speculate on what is going to happen giving us all a little warning. Even if those warnings don’t cross your path, one of our CENTUM mortgage brokers are here to check in and evaluate your current mortgage. Depending on the type of mortgage you have, you may incur a penalty if you decide to break your mortgage early. In some cases when rates are about to go up, it can make sense to break the mortgage terms and secure the current rate. It is our job to crunch the numbers, find you the right mortgage and make sure it’s financially worth it. Don’t take risks with your most valuable asset. At CENTUM, we are here to help.
We'll find you exactly what you're looking for
You’ve purchased your home and now you’re looking for that second property. Whether it is a place to put your feet up on the weekends or maybe you’re looking to become a landlord and let your money work for you, we have a solution for you and our CENTUM mortgage brokers will guide you every step of the way. With access to a variety of lenders and products we’ll find you exactly what you’re looking for.