Author: Geoff Lee

7 Mar 2017

4 Critical Questions You Must Ask Your Mortgage Broker

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

We have often talked about understanding the personalities of your mortgage on our blog, but another part of that is working with your Dominion Lending Centres mortgage broker to ensure that you are getting the best product and sharpest rate possible. Asking critical questions will help you to not only understand your mortgage, but to Read More

24 Feb 2017

Overcoming the Challenge of Income Qualifying

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

When it comes time to get your mortgage, or perhaps look at investing in an investment property, income qualifying is one of the first steps you will have to take. This first step though can also be the most challenging. Let’s walk through the steps you should take: 1. What is your Employment? Are you Read More

24 Jan 2017

23 Jan 2017

Construction Mortgage Part 1 – Serviced vs Unserviced Lots

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

On several occasions we have had people ask us at Dominion Lending Centres about construction mortgages. Every lender has their own guidelines and rules when it comes to construction mortgages. That’s because there are many details involved in the process of construction, let alone the mortgage that actually funds it! Below is part 1 of Read More

11 Jan 2017

5 Common Mistakes To Avoid When Shopping For a Mortgage

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Avoid these 5 common mistakes, and you will have no problem getting your mortgage faster, more efficiently, and with a clear understanding of the process: 1. Thinking banks are the first and best place to go for a mortgage Mortgage brokers can often beat the bank rates by using different lending institutions. The bank is Read More

22 Nov 2016

The Personality of Your Mortgage

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Everyone knows that Mortgages come with a rate attached to them. But few know that each Mortgage Product has a PERSONALITY too! The Personality of a mortgage product is a key component in selecting the right mortgage for you and your unique needs. So sit back, take some notes, and take your mortgage on a Read More

7 Nov 2016

3 Steps to Keep Your Credit In Check

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

If you have have overextended yourself with credit card debt, or have consolidated all of your consumer debt into your mortgage, or are at the point where you just want to cancel your credit cards, we have the 3 steps for you to follow to get your credit back in check. DO NOT CANCEL ALL Read More

26 Oct 2016

Mortgage Changes – Oh How Times Have Changed

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

With the recent changes to the mortgage rules in Canada, we take a moment to look back at the evolution of the mortgage, and to highlight these new changes and what they mean. LOOKING BACK BEFORE 2008 During this time, lending and mortgages were much more laid back! There was 100% financing available, 40 year amortizations, Read More

13 Sep 2016

Understanding Home Equity: Line of Credit vs. Loan

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Borrower or credit costs can be outrageous. To go get a line of credit, you are usually paying upwards of 6% to 7.5%. These lines of credit can be based on interest only or principle and interest payments. This kind of loan is based on how the lender views you as a risk. In other Read More

15 Aug 2016

What Is Mortgage Insurance?

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

When you purchase a property, you may be a little overwhelmed by all the insurance offers related to purchasing a new property that come your way. Mortgage Insurance, Condo Insurance, Mortgage Default Insurance, Earthquake Insurance; the list goes on and on. It can be confusing and it is important to know what insurance covers what. For 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