Author: Geoff Lee

8 Oct 2019

Client Success Story: CHIP Reverse Mortgages

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

A retired couple on fixed pensions found themselves struggling to make ends meet each month. Both were in good health and wanted to maintain an active lifestyle. They had spent their working years paying off their mortgage and had little saved in their RRSPs. Now both in their 70s, they’re mortgage free. They love their Read More

24 Sep 2019

5 Mistakes First Time Home Buyers Should Avoid

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Buying a home might just be the biggest purchase of your life—it’s important to do your homework before jumping in! We have outlined the 5 mistakes first time homebuyers commonly make, and how you can avoid them and look like a Home Buying Champ. 1. Shopping Outside Your Budget It’s always an excellent idea to Read More

10 Sep 2019

First Time Home Buyers Incentive Program

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

The new First Time Home Buyer Incentive program from CMHC (Canadian Mortgage and Housing Corporation) was officially released on September 2. This program was met with mixed reactions across the mortgage industry, but we wanted to take a minute to give you the facts regarding the program. Below are the key points you need to Read More

5 Sep 2019

4 Ways to Make the Mortgage Process Smoother

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Mortgages are complicated—we get it! But there are steps that you as a homebuyer can take to make the process a much smoother one (plus let you walk away with the sharpest rate!) 1. Use a Broker This should be the first step you take when getting a mortgage! Enlisting a trusted broker to work Read More

8 Aug 2019

4 costs to consider as a first-time homebuyer

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Oftentimes even the most organized and detail oriented first-time homebuyer can overlook some unexpected costs that come with the purchase of their new home. We are outlining 4 of the costs that we most commonly see overlooked by home buyers in hopes that we can better prepare you—and save you from a few surprises! 1. Read More

9 Jul 2019

5 mortgage tips to help you afford a home

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Buying a home is more difficult now than ever—and this is not news to anyone! No matter where you live, the recent stress testing measures, increase in housing prices in major cities, and continued increase of the cost of living all combine to make home ownership a daunting task. But we do want to offer Read More

11 Jun 2019

3 steps to take you from Pre-approval to getting the keys

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Picture this: You’ve finally been able to put away enough for a down-payment on your dream home. It’s taken you five years of diligent saving, but you did it! You have also been diligently working on improving your credit score and paying off debts and are at a place of financial stability. So, first of Read More

15 May 2019

Do You Understand the B-20 Guidelines?

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

A new survey has emerged showing that out of 1,901 owners and would be homeowners, 43% (more than two out of five) Canadians are not confident in their knowledge of the mortgage stress tests—despite them being in place for more than a year now. We wanted to give you a brief set of notes regarding Read More

30 Apr 2019

Accessing Your Home’s Equity To Invest

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

To tap into your home’s equity, it all starts with refinancing your home. If you own a home, the equity you have built up in it is one of the most valuable assets you have available to you. It is also much more accessible than taking out a large loan. In many cases, home equity Read More

12 Apr 2019

Should you pay down your mortgage ASAP?

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

One of the top questions we get asked: Should I pay down my mortgage as fast as possible? In theory, this makes sense. The faster you pay it down, the faster you get out of debt, right? For many people that is the case and it does make sense often times to take this route. 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.
    Learn More