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CENTUM Instant Mortgage Loans Inc.
Licence #: 10391
2 Royalcrest Road
Toronto, ON M9V 2L5
Telephone416-747-7133
Office Fax416-742-8001

With the Power of CENTUM You Win

Finding a great mortgage can be stressful and time-consuming. At CENTUM Canada, we've been successfully delivering the best rate for tens of thousands of satisfied clients for nearly a decade.

Finding the right mortgage for you is our business. We know which lenders have the best rates and we negotiate with multiple lenders at one time. What's more, we know the system and have the industry knowledge required to present a proposal for financing to lenders to successfully obtain mortgage financing, and we do all the paperwork. Plus, CENTUM Mortgage Professionals are compensated by the lenders, and in most cases we offer our services free of charge to our clients.

At CENTUM, we're always looking out for your best interest.®

Blog

Closing Costs

Buying a home can be a stressful process and you may not know the full scope of the costs to close and finalize your purchase.  Let’s break down what some of these costs can look like in getting a mortgage.  Most lenders have a standing guideline of verifying a home buyer has 1.5% of the purchase price in closing costs.  For example: 1.5% of a $500,000 would be $7,500.  ...

All about getting a HELOC: Home Equity Line of Credit

When refinancing your home, a newer trend is the option to put a portion of those funds into a HELOC (Home Equity Line of Credit).  A HELOC provides greater flexibility in accessing funds – but it is important to determine if it’s the right choice for your financial situation. When refinancing you can utilize up to 80% of the value of your home (known as loan to value, or ...

Affordability

Home prices in Canada have been steadily on the rise for the last few years, especially in the hottest markets such as Vancouver and Toronto.  The average home price in Canada as of August 2017 was $472,247, whereas if we go back to 2008, before the recession, home prices were only an average of $304,604!  And if you were buying in 1988, the average Canadian home would only cost you ...
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