Author: Daniel Lewczuk

29 Jun 2016

More For Less – Lessons From Omi’s Kitchen

Posted by: Daniel Lewczuk

Dominion Lending Centres - Accredited Mortgage Professional

As the price of real estate in many areas of the Canadian market continues to rise, first-time buyers can find it increasingly challenging to find a house that fits their family. Growing families already in their own houses are also feeling the pinch – outgrowing their present home and anxious to find living space that Read More

26 Aug 2015

That “Discounted Rate” May Not Be So Discounted, After All

Posted by: Daniel Lewczuk

Dominion Lending Centres - Accredited Mortgage Professional

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 Read More

13 Jul 2015

Your Mortgage Penalty Was How Much??

Posted by: Daniel Lewczuk

Dominion Lending Centres - Accredited Mortgage Professional

Someone recently asked if I could describe the various penalties associated with breaking a mortgage prior to the maturity date. Generally speaking, lenders usually use a 3 month interest penalty, or an Interest Rate Differential penalty (IRD). The penalty for breaking a fixed rate mortgage is usually the greater of 3 months interest, or the 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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