Centum Discount Mortgages Canada Inc.: A Company Overview
Establishment and Foundation of the Company
The company was established by Roy Singh. He started his career as a Life Underwriter/Financial Planner at Sun Life in 1982. He found out the large debt loads of his clients were the most complex of his many clients. Many clients tended to use up all their income on current debts, which in turn burdened their future financial status. As an agent, this was challenging.
Before founding the company, Roy worked at Sun Life. Debt matters were problematic for him, as around 90% of his clients had large debts and smaller or no savings at all.
Background of its Establishment
Roy was driven by the need to help his clients. He wanted them to succeed and live a better life. That is why he looked for ways for clients to consolidate their debts, reduce interest payments, and consequently reduce their monthly costs. This was to allow his clients to save up money; thus, they could live and lead better lives. Banks and insurance companies were not ready to provide any solution for his clients. This led to his entry into the Mortgage Brokerage industry in 1991.
Reviews Summary
Vast majority of consumers describe a positive experience with DMC and Roy. They are enthusiastic, knowledgeable and professional, and every reviewer notes Roy's patience in walking them through the process. Clients said they felt valued and supported, the company made the mortgage process straightforward, and it is the place to go when you need expert advice. Many users also shared that they got a better rate than with their current lender thanks to Roy. His experience and the company's responsiveness make them highly recommended.
Frequently asked questions
7 questions
What do CENTUM Discount Mortgage Canada Inc clients say about the work?
Clients frequently praise Roy's expertise, patience, and professionalism throughout the mortgage process. Many highlight his ability to simplify complex information and provide excellent support, making them feel secure and well-informed during their financial decisions.
Does this business offer mortgage renewal services in Kitchener, and how do customers feel about the experience?
Yes, they provide mortgage renewal services. Reviewers commend the team for their responsiveness and ability to find better deals than existing lenders, emphasizing the clarity and thoroughness of the renewal process.
Can I get ongoing support after my mortgage application with CENTUM Discount Mortgage Canada Inc?
Yes, they offer ongoing support as part of their customer support services, ensuring clients have assistance even after the mortgage application process is complete.
What hours is CENTUM Discount Mortgage Canada Inc open for consultations?
Their hours are as follows: Monday: 9:00 AM-5:00 PM, Tuesday: 9:00 AM-5:00 PM, Wednesday: 9:00 AM-5:00 PM, Thursday: 9:00 AM-5:00 PM, Friday: 9:00 AM-5:00 PM, Saturday: Closed, Sunday: Closed.
How does CENTUM Discount Mortgage Canada Inc assist with debt management?
They provide debt management advice as part of their financial advisory services, helping clients consolidate debts and reduce interest payments to achieve better financial health.
What services does CENTUM Discount Mortgage Canada Inc offer for personal finance?
They offer a range of services including mortgage renewal, mortgage consultation, mortgage application assistance, personal finance consultation, investment advisory, and debt management advice, along with ongoing customer support.
Where is CENTUM Discount Mortgage Canada Inc located?