Mortgage Agent in Burlington
By Vishvesh Patel, Mortgage Agent · Centum Financial Services Limited Partnership · FSRA licence M26001018
Burlington sits at the west end of the GTA, and the buyers and homeowners I help there are a mix: first homes, family moves, and long-time owners coming up on renewal. Every one of those files starts the same way — with the real numbers, not a guess from an online calculator.
The stress test is the part most people underestimate. You qualify at the higher of your contract rate plus 2%, or 5.25% — which means the home you can afford on paper is smaller than the home a rate-only calculation suggests. I run the tested number with you first, so there are no surprises later.
Mortgages I arrange in Burlington
Purchases & pre-approvals
- First home or next home in Burlington
- Pre-approval with a rate hold of 90 to 120 days
- A real budget: down payment plus closing costs
Renewals, switches & refinancing
- Renewal shopping — start 120 days before your date
- Switching lenders for a better fit
- Refinancing for renovations, debt, or equity
Newcomer programs
- No Canadian credit history? Alternative credit can work
- Rent, utility, and phone payment history
- A clear document list before you apply
Self-employed & commercial
- Self-employed income, presented the way lenders want
- Investment and rental properties
- Commercial purchases and refinances in Ontario
Why Burlington buyers work with a broker
A broker gives your Burlington file more than one door to knock on. If one lender's rules do not fit — your income type, your down payment source, your timeline — another's might. I shop across banks, credit unions, and monoline lenders through CENTUM and explain the trade-offs in plain English. In most standard mortgages, you pay nothing: the lender pays me.
My file work is done through Centum Financial Services Limited Partnership, and I am licensed by FSRA in Ontario (licence M26001018, Agent Level 1). I speak English, Hindi, Gujarati, and Punjabi, and I am reachable evenings and weekends — because houses do not wait for business hours.
Burlington mortgage questions, answered
Do you work with buyers in Burlington?+
Yes. I am licensed in Ontario and I work with buyers in Burlington and across the GTA — first-time buyers, newcomers to Canada, families renewing or refinancing, and self-employed buyers. We work by phone, video, and email, in the evenings and on weekends too. In most standard mortgages you pay nothing — the lender pays me.
How much down payment do I need to buy a home in Burlington?+
For an insured mortgage in Ontario, the minimum is 5% on the first $500,000 of the purchase price, 10% on the portion from $500,000 to $1 million, and 20% on homes $1 million and up. These are minimums. A bigger down payment means a smaller mortgage and lower monthly payments.
What is the mortgage stress test?+
The stress test means you qualify at a rate higher than your actual contract rate. Currently that is the higher of your contract rate plus 2%, or 5.25%. It is the government's way of checking you can still pay if rates rise. It applies to most new mortgages and refinances.
Should I sign my bank's renewal letter?+
No, not automatically. Your bank's renewal letter is an offer, not advice, and it is usually not their best rate. You can shop it, switch lenders, or negotiate. Start 120 days before your renewal date. Signing the first letter you get is how people overpay.
Buying or renewing in Burlington?
Tell me your goal and your timeline, and I will give you your real numbers in plain English. In most standard mortgages you pay nothing — the lender pays me.
Call (647) 313-9636 Send a message Book a callAlso serving buyers in Oakville, Mississauga, Etobicoke. Read more on the blog: how much down payment you need in Ontario and how newcomers get a mortgage with no Canadian credit history. Or go back to the homepage for the down payment calculator and today's Market Pulse.
This page is general information, not financial advice. No approval, rate, or outcome is promised. Rates and programs change — ask for today's numbers.
Vishvesh Patel is a Mortgage Agent with Centum Financial Services Limited Partnership, licensed by FSRA in Ontario. FSRA licence M26001018, Agent Level 1, status: Authorized to Sell (issued May 28, 2026; expires March 31, 2027). Verify this licence in the FSRA registry. Licensed in Ontario only — helping buyers from across Canada buy in Ontario. Phone: (647) 313-9636 · Email: hello@vishveshpatel.com.