Terms of Use

1. Who these terms are between

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. This website is operated by Daniel De Sousa, Mortgage Associate, and the RateLens team, of 4990 92 Ave NW #105, Edmonton, AB T6B 2V4. In these terms, “we” and “us” mean them. Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage is the mortgage brokerage, licensed by the Real Estate Council of Alberta (RECA). By using this site you agree to these terms. If you don’t agree with them, please don’t use the site.

We don’t lend money. Daniel De Sousa arranges mortgages between borrowers and lenders through Indi Mortgage. We don’t hold your mortgage, and no page on this site is an offer of credit from us.

2. Nothing here is advice

Nothing on this website is mortgage, legal, tax or financial advice. The calculators, rate tables, guides and articles on this site are general information and illustrative estimates. They are not an offer of credit, a commitment to lend, a rate hold or a pre-approval. Mortgage products, rates and qualification rules change frequently, and the information here may not reflect the most current position. You should not act on anything on this site without speaking to a licensed mortgage professional about your own situation. Neither Daniel De Sousa nor Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage accepts liability for decisions made in reliance on information published here.

3. Calculators and estimates

Our calculators produce estimates only. They’re 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, the minimum qualifying rate set by OSFI Guideline B-20, and the published premium schedules of CMHC, Sagen and Canada Guaranty.

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. Each calculator carries its own disclaimer and the date its rules were current, next to the tool and not behind a link.

4. Published rates

Rates on this site carry the date and time they were published and are subject to change without notice. They are available on approved credit (O.A.C.) only, are subject to the terms and conditions of the applicable lender, and may vary with 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 are shown beside every rate, at the same prominence, with the assumptions they were computed under stated adjacent to them.

Rates may contain errors or omissions. Seeing a rate here doesn’t mean it’s available to you. Nothing becomes binding until you sign a mortgage commitment with a lender.

5. Where we can act

Daniel De Sousa is licensed in Alberta only. We arrange mortgages on property located in Alberta. If your property is outside Alberta, we’ll tell you promptly and refer you to a licensed Indi Mortgage agent in that province. If a referral fee is paid, we’ll tell you in writing first. Information on this site about other provinces’ rules is published for people comparing jurisdictions or moving here; it is not an offer to act outside Alberta.

You must be the age of majority in your province and legally able to enter a mortgage to use our services.

6. Acceptable use

Please do not:

• submit information that is not yours, or that you know to be false;
• attempt to interfere with the site, scrape it at a volume that degrades it for other people, or bypass any security control;
• use our rate data or calculator output in a commercial product without our permission.

We use a hidden field and a timing check on our forms to filter automated submissions. A submission caught by either is recorded and reviewed, not discarded, so a legitimate enquiry that’s wrongly flagged can still be found and answered.

7. Our content

The text, design, calculators, code and brand on this site belong to us or to our licensors. You may read it, print it and share links to it. You may not republish it as your own, and you may not use the RateLens name or wordmark without written permission.

Government figures, regulatory thresholds and published third-party statistics quoted on this site belong to their sources, which are cited next to the figure.

8. Links and third-party services

We link to lenders, regulators, government pages and research sources. We do not control those sites and aren’t responsible for their content or their privacy practices. Some parts of this site rely on third-party services: our scheduling tool, our mortgage origination platform, and a map embed on our contact page that doesn’t load until you ask it to. Your use of those services is governed by their own terms.

9. Liability

We take care to keep this site accurate and available, but we do not warrant that it is free of errors or that it will be uninterrupted. To the extent the law allows, neither Daniel De Sousa nor Indi The Independent Mortgage Company Ltd. o/a Indi Mortgage is liable for any indirect or consequential loss arising from your use of this site, or for loss arising from reliance on an estimate, a published rate or an article. Nothing in these terms limits any liability that cannot be limited by law, including our obligations as a licensee under the Real Estate Act.

10. Governing law

These terms are governed by the laws of the Province of Alberta and the laws of Canada that apply there, and the courts of Alberta have jurisdiction.

11. Changes to these terms

We may update these terms. The “last updated” date at the top of this page reflects the most recent revision, and continuing to use the site after a change means you accept it.

See also our Privacy Policy, our licensing and compensation disclosures, and our complaints process.