# ModernMortgages.ca – Theeban Pathmanathan, Mortgage Agent Level 2

> Theeban Pathmanathan is a licensed Ontario Mortgage Agent Level 2 (FSRA licence #M14000189) brokering residential and commercial mortgages through FIN Mortgage – Dominion Lending Centres (Brokerage Licence #12825, independently owned and operated). He serves Toronto, the Greater Toronto Area and Durham Region, with access to 50+ lenders (banks, credit unions, monolines, B lenders and private lenders).

## Key facts
- Name: Theeban Pathmanathan
- Title: Mortgage Agent Level 2, licence #M14000189 (Ontario, FSRA)
- Brokerage: FIN Mortgage – Dominion Lending Centres, Brokerage Licence #12825
- Phone / text / WhatsApp: (416) 880-4154
- GTA office: 1585 Markham Rd, Suite 107, Toronto, ON M1B 2W1
- Durham office: 1315 Pickering Pkwy, Suite 205, Pickering, ON L1V 0C4
- Experience: 12+ years, 500+ clients, $300M+ in mortgages funded
- Availability: evenings and weekends
- Languages of service: English

## Services
- Residential mortgages: purchases, first-time home buyers, renewals, refinancing, investment properties
- Commercial mortgages: commercial property, business real estate, investment portfolios
- Mortgage renewal: shopping the market at maturity instead of signing the lender's renewal offer
- Refinancing: accessing home equity, lowering payments
- Self-employed mortgages: flexible income verification, stated-income programs
- Debt consolidation: rolling high-interest debt into the mortgage
- Low-credit / bruised-credit mortgages, private and alternative (B) lending

## How to engage
- Book a free consultation: https://meet.theeban.ca
- Apply online (secure Velocity application): https://velocity-client.newton.ca/en/client/journey?shortCode=3vnqzjtlrdep
- Mobile calculator app "My Mortgage Toolbox": https://www.dlcapp.ca/app/theeban-pathmanathan
- All links: https://modernmortgages.ca/links/

## Calculators on this site
https://modernmortgages.ca/#calculators (deep links: #calc-payment, #calc-afford, #calc-refi, #calc-debt, #calc-ltt)
- Payment: home price, down payment, rate, amortization, frequency (monthly, semi-monthly, bi-weekly, accelerated bi-weekly, weekly, accelerated weekly). Uses Canadian semi-annual compounding; adds CMHC premium when down payment is under 20% (2.80% / 3.10% / 4.00% by loan-to-value, +0.20% for amortizations over 25 years); enforces minimum down payment (5% of first $500k, 10% of the portion to $1.5M, 20% at $1.5M+).
- Affordability: 39% GDS / 44% TDS limits, stress-tested at the greater of contract rate + 2% or 5.25%, includes property tax, heating and 50% of condo fees.
- Refinance / renewal: payment savings, net interest savings after penalty and fees, break-even months.
- Debt consolidation: monthly cash-flow relief, honest long-term interest impact, and savings if the old total payment is kept.
- Land transfer tax: Ontario LTT plus City of Toronto MLTT, with first-time buyer rebates (up to $4,000 Ontario, up to $4,475 Toronto).

## Client testimonials
- "Theeban made our first home purchase so easy! He explained everything clearly and got us a rate that was better than our bank offered." (Sarah & Michael T., first-time buyers, Toronto)
- "As a self-employed professional, I thought getting a mortgage would be impossible. Theeban found a solution that worked for my situation." (Priya S., self-employed, Brampton)
- "We've worked with Theeban on multiple investment properties. His knowledge of the market and access to great rates has helped us build our portfolio." (James & Linda M., investment property, Oakville)

## FAQ
- Cost: for most residential mortgages with qualified borrowers there is no fee to the client; the lender pays the broker. Private, alternative or commercial files may involve a fee, disclosed in writing upfront.
- Minimum down payment: 5% of the first $500,000, 10% of the portion from $500,000 to $1,499,999; 20% for $1.5M+.
- Stress test: qualify at the greater of contract rate + 2% or 5.25%.
- Renewals: start 120–150 days before maturity; switching lenders at renewal is often penalty-free.

## Social
- Instagram: https://www.instagram.com/modern.mortgages
- Facebook: https://www.facebook.com/modernmortgages.ca
- LinkedIn: https://www.linkedin.com/in/theebanp

Calculator results are estimates only and are not a mortgage approval or offer. O.A.C.