The Centennial College Alumni Association is delighted to introduce a new affinity partner to help you save money on your mortgage. Advent Mortgage Services is the #1 ranked mortgage broker in Canada by volume (CMP 2013) so they can negotiate low rates for their clients, most often lower than you can negotiate on your won and usually with the same lenders you go to. Advent works for you, not the lenders, so their advice is based only on your needs, in your best interest.
Special Discount for Centennial Alumni
Advent will reduce the best rate they can negotiate by a further .05% for Centennial alumni. This discount results in savings of $600 on a typical $425,000 5-year mortgage over and above the savings provided by the low rates they provide.
Current Mortgage Rates (subject to change. some conditions apply. call for details)
| Low Rate | Centennial Alumni Rate | |
| 2 year Closed |
2.74% | 2.69% |
| 5 year Closed |
1.79% |
1.74% |
| 5 year Variable | 1.59% | 1.54% |
A recent report noted that the average rate discount available from Canadian Banks was 2.15 percentage points off the posted rate for a 5 year closed term and that every one of 2,200 home owners surveyed received a discount, however, the amount of the discount varied by more than 1 percentage point.* The difference between a 3.75% rate and a 2.75% rate is an incredible $13,271 in interest on a typical $450,000 mortgage over a 5 year term. Advent’s purchasing power lets them negotiate the maximum discount for their clients, most often with one of the Big 6 Banks.
^MPC annual State of the Residential Mortgage Market in Canada 2013
How you can benefit from working with Advent
48% of Canadian home owners now obtain their mortgage through a broker because more and more, Canadians are realizing they can do better with a broker than by dealing directly with the banks. More choose Advent because of their service, expertise, access to multiple lenders’ products and low rates. Here’s how you can benefit from working with Advent:
Save time and money
- • Advent handles all contact and negotiations with lenders and ensures that everything is in order well ahead of the closing date.
- • home equity lines of credit are available to Centennial alumni at Prime + .5%
There are no fees and no obligation
- • Advent’s fees are paid by the lending institutions so their service is free to you
Rates can be guaranteed for 90 days or longer
- • understand exactly what you can afford to spend on your new home before you start looking
- • eliminate the stress of making an offer that‘s conditional on financing
A professional, licensed mortgage consultant does all the work
- • Advent will make a professional presentation to lenders on your behalf
- • Advent’s business is important to lenders to they get excellent service which means you do too.
Service you can depend on, advice you can trust, lenders you know.
Mortgage renewal, refinancing or your first home, Advent can help you save money!
Service is FREE to Centennial Alumni. No obligation consultations.
CALL Jim Tourloukis, MBA, President & Principal Broker: 416-721-2063
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Email: jimt@adventmortgage.ca
Website: www.adventmortgage.ca/centennial
Advent accesses more than 40 lenders including many of the Big 6 Canadian Chartered Banks and lenders that specialize in meeting unique needs. This ensures that Advent can provide a mortgage solution for virtually every home owner.