Since Centum Financial is one of the top mortgage brokers in Canada, Canadian homeowners should always consider this brokerage when they need a home loan. We are the best site online for Centum Financial mortgage rates because we make it easy for buyers to find and apply for a quality Centum Financial mortgage product. Our extensive information will help you learn more about this brokerage, so read on to find out more about it and select the loan rate of your choice to apply for a Centum Financial Loan.
Does Centum Financial Have the Right Mortgage for Me?
The most important issue all home buyers face is whether the lender or broker has a suitable loan product for their needs. With Centum Financial, buyers in Canada can always be confident that they will find the right loan. As a mortgage broker, Centum Financial is not as limited in the number of mortgage products it can offer as individual Canadian banks are. Each bank determines the number and kind of mortgages it will offer to the public, which means that some banks offer options that other banks do not. A broker such as Centum Financial, however, has access to all the mortgages offered by all of the major banks in Canada. This means that Centum Financial can offer products even to customers with the most unusual needs.
Individuals who choose Centum Financial to help them acquire their loan are able to get:
Variable-Rate Mortgages with the lowest but most unpredictable interest rates of all mortgage products. If you prize savings above knowing for certain what your rate will be throughout your loan term, a variable-rate mortgage is probably the best product for you.
Fixed-Rate Mortgages have Centum mortgage rates that never change during their loan terms. Often, they can be higher than variable rates, but since the rate is fixed, you know that your mortgage principal and interest payments will remain the same. Individuals with unpredictable incomes may especially appreciate a fixed-rate loan because they will always know exactly how much they need to earn each month to cover their loan payment. Anyone who wants to be certain about his or her housing expenses will also find the fixed-rate mortgage to be an optimal choice.
Home Equity Lines of Credit (HELOCs) are great products that allow homeowners to use the equity in their homes to secure credit at a low interest rate. Do you need to consolidate high interest debt and lower your monthly credit card payments? Are you in need of a significant amount of money to pay for college tuition, a wedding, or other large expense? Do you want a low interest rate for any of these purchases? If the answer to any of these questions is yes, you will want to ask Centum Financial to help you secure the best HELOC mortgage rates.
Specialized Mortgages for small business owners, freelance workers, retirees, and other individuals are also available through Centum Financial. These loans all have benefits designed specifically to help the groups for which they are designed.
Mortgage Payoff Options that allow you to payoff your loan before the end of its term without additional penalties are also available on many of the aforementioned loan products and other loans available through Centum Financial. A no-fee early payoff option is also known as an open mortgage, and the interest rates on open mortgages are higher than those on closed mortgages. Closed mortgages do not allow you to pay off your loan early without a prepayment penalty.
These are just some of the loan products available through Centum Financial. However, since most brokers in Canada offer a wide variety of mortgage products, knowing what is available will not be enough to convince you to choose Centum Financial. You also need to know the advantages unique to Centum Financial in order to determine whether this broker is right for you.
Centum Financial’s Advantages
• Centum Financial takes seriously its motto: “Looking out for your best interest”®. Thus, its brokerage officers always go the extra mile to find you the absolute lowest interest rate.
• Because Centum Financial is actually a network of franchised mortgage broker firms, each firm has a great deal of flexibility in responding to local mortgage changes. This is not always true of non-franchised brokers.
• In the vast majority of cases, Centum Financial earns its money through fees from lenders. This means that except in extremely rare cases, you do not pay broker fees for Centum Financial’s services.
Applying for Products at Current Centum Financial Mortgage Rates
When you use Centum Financial as your mortgage broker, you will actually apply through one of its franchised offices. These franchises all follow the same guidelines for securing the lowest rates, so you always get the best service at any local Centum office.
In any case, clicking on one of the Centum Financial mortgage rates on this page will take you to the Centum Financial mortgage application page, where you will apply for your loan. In most cases, you will receive a call-back from the office closest to you.
For your mortgage application, you will need to know the approximate amount you want to borrow and be able to verify your annual income and current assets/liabilities. Centum Financial will take this information and shop it around to different lenders. In most cases, you will next receive several loan options. Centum Financial will then walk with you through the process of securing the right loan from your lender of choice.
If you do not know how much you should borrow, you can use our mortgage calculators to determine how much of a house you can afford. Centum Financial can also help you make this determination when you apply for their services.
More Key Facts about Centum Financial
Centum Financial is only ten years old as of 2012, but in that short amount of time, the company has made a name for itself as a top low-cost mortgage broker in Canada. Here are some more key facts about the brokerage:
• Since December 2011, Centum Financial has partnered with the SmartEquity Program to help homeowners pay less in interest over the amortization of their loan.
• Centum Financial introduced such things as volume bonuses and group buying power to the mortgage broker industry, thereby giving their officers even more incentives and tools to secure the best rates for Centum Financial customers.
• Centum Financial officers have contributed much to charity, helping low-income people with financial basics and assisting the organization Children’s Wish in granting the desires of children with serious health problems.
Get the Best Centum Financial Mortgage Rates Now
Now that you understand the basics about Centum Financial mortgages, it is time to apply for your loan. Click any of the rates on this page to begin your application.
At MortgageRates.ca, we believe that all Canadians deserve access to financial tools, education and product comparisons to make more informed financial decisions.
How do we make money? MortgageRates.ca receives compensation when our users connect with providers and/or are approved for products offered on our website.
We strive to offer our users a robust list of the best products available in the market to compare, including those offered by Canada’s leading financial brands. Sometimes you may find products listed on other sites that are not listed on MortgageRates.ca. We have a vetting process and only feature products offered by providers that can offer amazing rates and service to our user base.
The fields to the left of our product comparison tables allow users to input details on their personal financial situation. Once inputted, the tables dynamically update to feature products best suited to the user. Terms and conditions will apply. All mortgages have specific qualification criteria including debt servicing ratios, credit, property value and property details. MortgageRates.ca’s product recommendations are based on the limited information provided by the user.
Your Request Has Been Received.
A licensed mortgage broker in your area will contact you with more information, answer any questions you may have, and make sure you get the right mortgage for your unique needs.
You are on your way to saving thousands of dollars per year on your mortgage. Get the recognition you deserve for comparing the market and getting the best rate. Spread the word on MortgageRates.ca with your friends!