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CENTUM Mortgage Partners Inc.
111 St. Peter's Road
Charlottetown, PE C1A 5P1
Telephone902-626-3066
Office Fax902-368-3073

Buying a home to renovate this Spring? It could be more affordable than you think!

 

Local people helping you through the mortgage process!

Finding a great mortgage can be stressful and time-consuming. The Mortgage Professionals at ­CENTUM Mortgage Partners, have ­been successfully delivering the best mortgage service to Islanders for years and we want to continue to be your Mortgage Partners of choice ­for many years to come!

Our agents not only have an abundance of financial experience from various backgrounds, they also understand the need for professional, ethical and efficient service.

Finding the right mortgage for you is our business. We know which lenders have the products you need at the best rates. What's more, we know the application process and have the expertise required to present the lenders with a proposal for financing which is sure to be approved, and we do all the paperwork! CENTUM Mortgage Professionals are compensated by the lenders, so in most cases we offer our services free of charge to our clients.


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

 

 

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Blog

Standard Charge VS Collateral Charge Mortgages

Standard Charge VS Collateral Charge Mortgages When you need a loan to purchase a property, your bank or lender will require security for repayment in the form of a charge that is registered at your provincial land registry office. This process secures the residential mortgage loan to your property, and gives your lender certain rights as it relates to the terms of your agreement. There are ...

The Prime Rate

The Prime Rate & Regulation Changes   In Canada, mortgages are directly impacted by the prime rate and mortgage regulations established by Government. In the last decade, a drastic drop in the prime rate, coupled with the introduction of new regulations, have enabled consumers to take on more manageable debt loads. The prime rate is the interest rate that commercial banks ...

Down Payments: 5% vs 20%

Down Payments: 5% vs 20%  When purchasing a home, one of the most important decisions you’ll make is the size of your down payment.  In Canada, the minimum amount required for any home purchase is 5% for an owner occupied home and 20% for a rental property.  Owner occupied homes with 20% or greater down payment do not require mortgage loan insurance.  Here are some ...
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