Licensing and disclosures
Licensing, compensation and rate disclosures
RateLens is a trade name used by Daniel De Sousa, Mortgage Associate, licensed in Alberta by the Real Estate Council of Alberta and registered with Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage.
Licensing
Who's licensed and how to verify it
Alberta has one statute and one regulator covering real estate, mortgage brokerage, property management and condominium management. There's no separate mortgage regulator here like Ontario's FSRA or BC's BCFSA.
The licensee and the brokerage
Daniel De Sousa, Mortgage Associate, is licensed by the Real Estate Council of Alberta and registered with Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage.
Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage is a mortgage brokerage licensed by the Real Estate Council of Alberta (RECA). Verify our licence on RECA ProCheck(opens in a new tab)
RateLens is a trade name used by Daniel De Sousa, Mortgage Associate, licensed in Alberta by the Real Estate Council of Alberta and registered with Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage.
RateLens · 4990 92 Ave NW #105, Edmonton, AB T6B 2V4 · (825) 797-5417 · hello@ratelens.ca
Monday–Friday, 9:00 a.m.–5:00 p.m. Mountain Time. Closed Saturday and Sunday.
Verify it yourself
The Real Estate Council of Alberta publishes a searchable public registry of every licensed brokerage and licensee in the province. Search for Daniel De Sousa or Indi Mortgage. It takes about 30 seconds.
Verify our licence on RECA ProCheck(opens in a new tab)
RateLens
4990 92 Ave NW #105
Edmonton, AB T6B 2V4
Monday–Friday 9:00 a.m. – 5:00 p.m.
Saturday and Sunday closed
Licensees
Licensees and the RECA class each holds
Alberta issues two individual licence classes: Mortgage Broker and Mortgage Associate. “Licensed with RECA” isn't a title, and you won't find that phrase anywhere on this site.
| Name | RECA class held | Role at Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage |
|---|---|---|
| Daniel De Sousa | Mortgage Associate | Mortgage Associate |
RECA runs mandatory re-licensing education on an annual cycle, so a class or a status can change between terms. This table is generated from the same record that the footer, the advisor cards and our structured data read.
Compensation
How we get paid
The lender you choose pays Indi Mortgage when your mortgage funds, and the amount doesn't change which lender we recommend. On the rare file that carries a fee to you, you get the number in writing first.
How we get paid. Daniel De Sousa arranges mortgages through Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage, a licensed mortgage brokerage, not a lender. The brokerage and Daniel are compensated by the lender you choose when your mortgage funds (paid by the lender, not by you). Compensation varies by lender and product and doesn’t change the rate you’re quoted. A lender fee or brokerage fee is uncommon and happens mainly on alternative or private lending. If one applies to your file, we’ll disclose the exact amount in writing before you sign anything. We’ll tell you if any product we recommend pays us more than an alternative we considered. Before we start work on your file, you’ll receive a written service agreement setting out our services, our compensation and any fee that applies to you.
This page is not the written service agreement
Rule 43 of the Real Estate Act Rules requires a written service agreement before we act for you on a mortgage. It’s a dated, signed document setting out our services, our compensation and any fee that applies to you. The paragraph above is a marketing disclosure that explains the model in advance. It isn’t a substitute for that agreement, and nothing on this website replaces it.
Referrals
If we refer you to a lawyer, an insurance broker, a realtor or another service provider, we tell you in writing before we pass on your details, and we tell you whether we may receive a benefit for the referral, as Rule 45(1) requires. That includes referrals to a licensed Indi Mortgage agent in another province. Any compensated referral arrangement is contracted and processed by Indi Mortgage, never privately by an individual licensee, and we don’t pay a deal-contingent referral fee to an unlicensed person.
Published rates
Rate assumptions and O.A.C. terms
Every rate on this site is dated. The set currently published is effective September 21, 2026 at 9:00 a.m. MT.
Rates shown are current as of September 21, 2026 at 9:00 a.m. MT and are subject to change without notice. Rates are available on approved credit (O.A.C.) only, are subject to the terms and conditions of the applicable lender, and may vary based on your credit history, income, down payment or equity, loan-to-value, property type and location, occupancy, amortization, and whether the mortgage is insured, insurable or uninsured.
Annual percentage rates (APR) shown assume a mortgage amount of $500,000, an amortization of 25 years with monthly payments, and include no lender or brokerage fees. Fixed rates are compounded semi-annually, not in advance, as required under section 6 of the federal Interest Act; variable rates are compounded monthly. Payment figures exclude property taxes, heating, condominium fees and default insurance premiums unless stated. Insured rates require mortgage default insurance and are available only on qualifying transactions.
Rates may contain errors or omissions and do not constitute an offer of credit, a rate hold or a pre-approval. Not all applicants will qualify. Contact Daniel De Sousa, Mortgage Associate, to confirm the rate available to you. Daniel De Sousa is licensed by the Real Estate Council of Alberta (RECA) and registered with Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage.
What a variable rate means for your payment. With a variable-rate mortgage your interest rate moves with your lender’s prime rate. Depending on the product, either your payment changes with the rate, or your payment stays the same and the split between principal and interest changes. With a fixed-payment variable mortgage, if rates rise far enough your payment may no longer cover all the interest you owe. That point is called your trigger rate. Past it, your balance can grow instead of shrink. This is called negative amortization, and your lender will typically require you to increase your payment or make a lump-sum payment. We’ll show you your trigger rate before you choose a variable product, and we’ll tell you what happens if you reach it.
Calculators
Calculator assumptions
Each tool also carries this disclaimer beside it, plus the additions specific to what that tool computes. This copy is the standard block.
This calculator provides estimates only. Results are based on the information you enter and on assumptions that may not reflect your actual qualification, rate or costs. These include semi-annual, not-in-advance compounding for fixed rates, as required under section 6 of the federal Interest Act, and the mortgage default insurance premium tiers published by CMHC, Sagen and Canada Guaranty. It is not mortgage advice, a quote, a rate hold, a pre-approval or an offer of credit, and RateLens does not guarantee its accuracy or completeness. Your actual rate, payment, default insurance premium and closing costs will depend on your credit profile, income, the property, the lender’s current rates and policies, and other factors confirmed during a full application.
Rules snapshot: September 21, 2026. Rates shown are calculation assumptions, not confirmed offers. Speak with Daniel De Sousa, Mortgage Associate, for a personalized quote. Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage, a licensed mortgage brokerage licensed by RECA.
Site-wide
Disclaimer for this website
We arrange mortgages on property located in Alberta (all of it, from Edmonton to Calgary and everywhere between). If your property is outside Alberta, we’ll refer you to a licensed Indi Mortgage agent in that province, and we’ll tell you in writing if a referral fee is paid.
Rates and terms are subject to change without notice and are available on approved credit (O.A.C.) only. This website is for information purposes and does not constitute mortgage advice, a mortgage quote, a rate hold, a pre-approval, or a commitment to lend. Calculator results are estimates. Not all applicants will qualify. All mortgages are subject to lender approval, property qualification and credit approval.
Testimonials and reviews
We publish only genuine, attributable, dated reviews, and we emit no rating markup until a verifiable third-party source exists. Nothing is incentivized. If that ever changed for a particular review, the incentive would be disclosed beside that review.
Complaints
If something goes wrong, we’d like to hear it from you first. There’s a written process, a named owner, a published timeline and an escalation path to the Real Estate Council of Alberta.