Archive of All Posts

4 Apr
2018

4 Smart Features that will boost the value of your property

Apr 4th, 2018 | Posted in: Blog Posts, News

Posted by: David Cooke

Dominion Lending Centres - Accredited Mortgage Professional

People have a lot of different ideas on how they want their home to look. Some want a modern look while others like traditional cottages. But one thing that more and more people want is smart technology in their homes. This adds value and desirability to your home making it easier to sell for the Read More

29 Mar
2018

Reverse mortgage – Some common misconceptions

Mar 29th, 2018 | Posted in: Blog Posts, News

Posted by: Michael Hallett

Dominion Lending Centres - Accredited Mortgage Professional

The words reverse mortgage carry some negative connotation. What does it really mean? What makes reverse mortgage different than a regular or demand mortgage in Canada? There are no payments required if 1 applicant lives in the home. Payments can be made if they wish, they are truly optional. No medical required and limited income Read More

28 Mar
2018

The Most Important Question This Spring

Mar 28th, 2018 | Posted in: Blog Posts, News

Posted by: Dustan Woodhouse

Dominion Lending Centres - Accredited Mortgage Professional

Short Version: The most important question a home-seller must ask their Broker or their banker this Spring: ‘Do I QUALIFY to port my mortgage?’ You must re-qualify to port your mortgage to a new property, and you must re-qualify under stringent new rules. How stringent? Long Version: Let’s say you have impeccable credit, a $100,000 Read More

26 Mar
2018

Getting pre-approved for a mortgage this Spring

Mar 26th, 2018 | Posted in: Blog Posts, News

Posted by: Karen Penner

Dominion Lending Centres - Accredited Mortgage Professional

Apparently, as per the weather experts, March has a lot of snowfall and surprisingly so does April! Hearing this on the radio gives you a wave of emotions: holy cow, oh great, I wonder how many vacation days I have left and when can I take down my Christmas lights. Good news, those same weather Read More

23 Mar
2018

Spring Into Action: Refinance Your Mortgage With the Help of a Mortgage Broker

Mar 23rd, 2018 | Posted in: Blog Posts, News

Posted by: Max Omar

Dominion Lending Centres - Accredited Mortgage Professional

We sprung forward last earlier this month by changing our clocks one hour ahead. For some, their microwave and oven clocks are once again displaying the correct time since the last time we needed to adjust our clocks (in the Fall). Patience is a virtue – except for when it comes time to refinance a Read More

22 Mar
2018

History of Mortgage Changes

Mar 22nd, 2018 | Posted in: Blog Posts, News

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

The mortgage industry seems to be ever-changing. What was applicable one day seems to no longer apply to the next and at times, it can be confusing to navigate through what all of these changes mean–and how they impact you directly. As Mortgage Brokers, we firmly do believe that although the industry has gone through MANY Read More

21 Mar
2018

A More Hawkish Fed Was Expected

Mar 21st, 2018 | Posted in: Blog Posts, Chief Economist, News

Posted by: Dr. Sherry Cooper

Chief Economist, Dominion Lending Centres

The Federal Open Market Committee (FOMC) met this week for the first time under the chairmanship of Jerome Powell. In a unanimous decision, the Committee hiked the target range for the federal funds rate by 25 basis points to 1-1/2 to 1-3/4 percent. Unlike the Bank of Canada, which has a single objective of targeting Read More

21 Mar
2018

March is fraud awareness month

Mar 21st, 2018 | Posted in: Blog Posts, News

Posted by: David Cooke

Dominion Lending Centres - Accredited Mortgage Professional

You may have heard that March is Fraud Awareness Month. Authorities are trying to raise awareness of identity theft , phishing schemes and other forms of fraud. What you may not know is that as many as 1 in 5 Canadians are committing mortgage fraud whether they know it or not. Fraud for Shelter Is Read More

19 Mar
2018

What Is a “Monoline” Lender?

Mar 19th, 2018 | Posted in: Blog Posts, News

Posted by: Ryan Oake

Dominion Lending Centres - Accredited Mortgage Professional

What usually follows once someone hears the term “Monoline Lender” for the first time is a feeling of suspicion and lack of trust. It’s understandable, I mean why is this “bank” you’ve never heard of willing to loan you money when you’ve never banked with them before? In an effort to help you see the Read More

16 Mar
2018

Keeping Your Credit Score Healthy

Mar 16th, 2018 | Posted in: Blog Posts, News

Posted by: Eitan Pinsky

Dominion Lending Centres - Accredited Mortgage Professional

If you haven’t seen your credit score, you’re not alone. Many of our clients don’t know about their credit score or even know what it is when we first meet with them. During our initial consultation, we go over your complete credit report with you. As an added bonus, we’ll even teach you how to Read More

  • Residential Mortgages

    The purchase of a home is the largest purchase most people make during their lifetime. At Dominion Lending Centres, we want to make each and every purchaser aware of the many mortgage options available to them prior to their purchase and closing date.
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  • Commercial Mortgages

    Dominion Lending Centres Commercial has established excellent relationships in the lending community with pension funds, banks, credit unions, life insurance companies, trust companies, private institutions and individual investors.
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