29 Apr

How to renew your mortgage in 5 simple steps!

General

Posted by: Gurcharan Singh

If you have a mortgage, you’ll be completing a mortgage renewal when your current term has finished. While most Canadians spend a lot of time and expend tons of effort shopping for an initial mortgage, the same is generally not the case when looking at mortgage renewals. So what is a mortgage renewal? Mortgages terms […]

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14 Feb

5 Reasons why Realtors want you to have a Pre-approval

General

Posted by: Gurcharan Singh

Awesome article from my colleague Dave … check it out 5 Reasons why Realtors want you to have a Pre-approval You’ve decided that you want to buy a home and you call up a realtor to show you a listing and the first question they ask is “ How much are you pre-approved for?” Many […]

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4 Feb

First Time Home Buyers

General

Posted by: Gurcharan Singh

First Time Home Buyers Your First Home. What a THRILLING thing that is to think about!! One of the best parts about our job is helping individuals purchase their first home. We know that the process can seem daunting at first, but we have an in-depth understanding and knowledge of what steps are required to […]

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22 Jul

Top 8 Benefits of Using a Mortgage Broker

General

Posted by: Gurcharan Singh

When shopping for a mortgage, many home buyers enlist the services of a Mortgage Professional. There are several benefits to using a Mortgage Broker and I have compiled a list of the top 8: 1. Saves you time – Mortgage Brokers have access to multiple lenders (over 50!). They work with lenders you have heard of and lenders […]

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29 Jun

RENT TO OWN

General

Posted by: Gurcharan Singh

Rent-to-Own, Lease to Own, R2O. They may seem like good options, but watch out for these pitfalls. They are a good program as long as you have a mortgage planner ensuring you are following a plan to succeed. Rent to Own…what you NEED to know. My guess is you might check this option out if […]

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29 Apr

First Time Home Buyers: Planning and Negotiations Will Save You Time and Money

General

Posted by: Gurcharan Singh

Every mortgage is unique. Would the advertised/online RATE work for everybody? It’s hard to say, until your documents fulfill all the conditions for that rate. Sometimes there are challenges to getting the approval of the mortgage. Dominion Lending Centres mortgage professionals try their best to find solutions to those challenges because they have a business relationship […]

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6 Apr

That Discounted Rate May Not Be So Discounted, After All

General

Posted by: Gurcharan Singh

Not long ago, someone contacted us wishing to refinance their mortgage. They presently held a mortgage from one of the big banks. When this homeowner originally obtained her mortgage, the bank offered her a discounted rate of 2.99%. It matured in July of 2016, however, when they contacted us at Dominion Lending Centres, they wanted […]

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22 Feb

Online Mortgage Rates and Products – Do They Apply To You?

General

Posted by: Gurcharan Singh

Online access to information is fantastic! The ability to understand a glossary of terms and products out there is amazing when compared to even a decade ago. I love “Googling” and finding how to fix my car, or how to engage in my do-it-yourself home projects. I feel more informed and gain confidence embarking on […]

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