01 / BUY, RENEW, REFINANCE
Prime / AAA
mortgages
Explore traditional mortgage financing for a home purchase, an upcoming renewal or a refinance. Understand the rate, terms and flexibility before you decide.
Let’s discuss your plansKitchener-Waterloo & surrounding communities
Local mortgage advice.
Experience since 1992.
Buying a home, making a change or exploring a different way to borrow? Get experienced advice and financing options suited to your circumstances.
Full-service mortgage brokerage. Serving clients across Ontario.
Home starts with a plan.Mortgage guidance from Roy Singh since 1992.
Your first home starts here
Buying your
first home?
Roy is also a real estate Broker with CENTURY 21 Heritage House Ltd. and has helped many buyers get into their first home. Get guidance on both the home purchase and mortgage in Kitchener-Waterloo and surrounding communities.
Mortgage services: CENTUM Discount Mortgage Canada Inc., Brokerage Licence No. 10686.
Real estate services: Roy Singh, Broker, CENTURY 21 Heritage House Ltd.
First-time buyer legal fee offer
Up to $2,000
toward your professional legal fees
Buy your first home through Roy’s real estate services and arrange your mortgage through CENTUM Discount Mortgage Canada Inc., and we will pay professional legal fees up to $2,000. HST, disbursements and other closing costs are excluded.
Offer conditions. Both the home purchase and mortgage must be arranged through us. Ask Roy to confirm first-time buyer eligibility and written payment terms before relying on the offer. This contribution does not cover all closing costs or guarantee mortgage approval.
Prime / AAA mortgagesSelf-employed financingReverse mortgagesPrivate mortgages
Full service. Personal guidance.
Mortgage services
for your situation.
Your income, property and plans are individual. We help you explore the mortgage options that fit your situation.
Prime / AAA
02 / BUSINESS OWNERS
Self-employed
mortgages
Your income may look different from a regular paycheque. We help business owners explore financing and understand the documents lenders may require.
Explore your options03 / HOME EQUITY
Reverse
mortgages
Understand whether a reverse mortgage could suit your needs. Discuss eligibility, costs, interest accumulation and the effect on your remaining home equity.
Have a conversation04 / ALTERNATIVE FINANCING
Private
mortgages
When traditional financing doesn’t fit, explore private lending. We’ll discuss the costs, term and repayment or exit plan alongside the available options.
Discuss your situationA clear next step
Start with a
conversation.
You don’t need to have everything figured out before we talk. Most meetings can be held by Google Meet for your convenience.
- 01 Tell us what you needA purchase, a renewal, access to equity or a financing challenge.
- 02 Understand your optionsReview financing possibilities, documentation and relevant costs.
- 03 Choose your next stepMove forward with a clearer picture of your mortgage.
Canadian mortgage calculator
What could your payment look like?
Estimate monthly payments in CAD using semi-annual compounding.
Illustration only, using a nominal annual rate compounded semi-annually. The 5% starting value is an example, not a rate offer. Excludes taxes, insurance, fees and any mortgage default insurance premium. Actual terms and eligibility vary by lender and product.
Make an informed start
Mortgage planning
calculators.
Explore debt-service ratios and Ontario land transfer tax. These estimates stay in your browser and are not submitted to us.
CMHC debt-service ratios
See how your housing costs and debts compare with gross household income, using a stress-tested mortgage payment.
Other debts: car loans/leases, personal loans, support obligations and lender-assessed secured LOC payments. For a secured LOC, ask Roy to determine the payment using CMHC’s 25-year amortization rule. Avoid double-counting credit cards and unsecured LOCs.
Your estimated ratios
GDS · guideline ≤ 39%
TDS · guideline ≤ 44%
- Qualifying interest rate
- Qualifying mortgage payment / month
- Housing costs / month
- Included other debts / month
GDS = housing costs ÷ gross income. TDS adds other debt payments. Includes taxes, heating, 50% of condo fees and 100% of site/ground rent. Unsecured revolving debt uses the higher of the entered payment or 3% of balances. Qualification uses the greater of the contract rate + 2 percentage points or 5.25%, with semi-annual compounding.
For an owner-occupied home without rental-income adjustments. CMHC’s 39% / 44% limits are guidelines for this illustration, not an approval. Income acceptance, insurance, amortization eligibility and lender requirements need review. Rental properties, reverse and private mortgages require a separate assessment.
Rules checked November 4, 2026. CMHC calculation rules
Review these numbers with RoyOntario land transfer tax
Estimate provincial tax for a home purchase. Select Toronto only if the property is within the City of Toronto.
For a standard purchase of property containing one or two single-family residences (including a qualifying condo), using current rates and Toronto rates effective April 1, 2026. Enter the taxable consideration confirmed by your lawyer; this may differ from the advertised price.
When should I select a first-time buyer rebate?
Select only after confirming eligibility: generally, age 18+, qualifying citizenship/permanent residence, no prior home ownership anywhere, applicable spouse ownership restrictions, and occupancy as your principal residence within nine months. Full rebates assume all purchasers qualify for the entire ownership interest. Partial ownership eligibility and special transfers are not calculated here. Check the official rules with your lawyer.
Estimated land transfer tax · CAD
- Ontario land transfer tax
- Ontario first-time buyer refund
- Toronto municipal land transfer tax
- Toronto first-time buyer rebate
Ontario refund: up to $4,000. Toronto rebate: up to $4,475, each limited to its respective tax. Eligibility must be confirmed separately.
This is a land transfer tax estimate, not total closing costs. Excludes non-resident speculation taxes, Toronto administration fees/HST, legal and registration fees, adjustments, and other costs. Foreign-buyer transactions, exemptions, partial rebates, commercial/multi-residential properties and historical/transitional transactions need a separate calculation.
Rules checked November 4, 2026.
Ontario rates · Ontario refund rules
Toronto rates · Toronto rebate rules
Meet your broker
Meet Roy Singh.
ROY SINGH · MORTGAGE BROKER · LIC. M08001706
I’ve been operating as a mortgage broker since 1992. Through CENTUM Discount Mortgage Canada Inc., I help clients explore everything from prime mortgages to self-employed, reverse and private mortgage options.
I’m also a real estate Broker with CENTURY 21 Heritage House Ltd. and have helped many buyers purchase their first home. I can guide you through both the home search and your mortgage options, with the role of each brokerage clearly explained.
Our focus is Kitchener-Waterloo and surrounding communities, including Cambridge and Guelph, with mortgage service available across Ontario.
Connect with RoyRates & applications
Take the next step.
CENTUM maintains the advertised rates on Roy’s profile. Confirm the rate and conditions that apply to your situation directly with Roy.
People behind the advice
Meet Christina Singh.
Connect with our brokerage to discuss your mortgage needs.
Contact our office
Mortgage Agent Level 2
Licence No. M08003965
Mobile: 519-498-8459
Christina_Singh@centum.ca
Mortgage advice & updates
Mortgage advice
& updates.
Practical reading for first-time buyers, homeowners and business owners in Kitchener-Waterloo and across Ontario.
FIRST-TIME BUYERS
Your down payment is only part of the picture
Plan for legal fees, land transfer tax and the other costs that come with your first home.
November 4, 2026 · CENTUM Discount Mortgage Canada Inc.
Read articleRENEWALS
Before you sign your renewal, look beyond the rate
Compare the terms, flexibility and costs against your plans for the next few years.
November 4, 2026 · CENTUM Discount Mortgage Canada Inc.
Read articleSELF-EMPLOYED
Self-employed? Prepare the story behind your income
A practical starting point for business owners exploring mortgage financing.
November 4, 2026 · CENTUM Discount Mortgage Canada Inc.
Read articleHelpful to know
Before we talk.
Can you help if I’m self-employed?
Yes. We can discuss your business income, available documentation and mortgage needs to explore suitable financing options. Approval depends on the lender’s assessment.
Can we review my mortgage before renewal?
Yes. Contact us with your renewal date and current mortgage details so we can discuss your plans and the options available. Avoid emailing financial documents until we have arranged an appropriate way to share them.
Is a private mortgage right for me?
That depends on your circumstances. Private financing may involve higher interest costs and fees. A discussion should consider alternatives, the borrowing term and how you plan to repay or refinance it.
Do you work outside Kitchener-Waterloo?
Yes. We focus on Kitchener-Waterloo, Cambridge, Guelph and surrounding communities, and serve clients across Ontario.
Let’s talk mortgages
Talk to Roy.
Tell Roy what you’re planning and find out what your next step could look like. Most meetings can take place by Google Meet, so you can discuss your mortgage from home or wherever suits you.
Office
301 Frederick St, Kitchener, ON
Email your preferred days and times. We’ll confirm an appointment and send the meeting link.
Call or email to request a consultation. Please keep your initial email to general questions and contact details; arrange secure document sharing directly with Roy.