Author: Geoff Lee

8 Aug 2018

The 3 Steps that take you from Pre-Approval to Your New Home

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

1 Aug 2018

4 Key Things You Need To Know About A Second Mortgage

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Many homeowners are vaguely aware of the fact that you can take out a second loan on your home. You hear your friends mention it or perhaps a family member close to you has gone through the process—but do you truly know what it means to take out a second mortgage? We have taken all Read More

19 Jun 2018

30 May 2018

Mortgage Moment: When Life Gives You Lemons…

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

We all do it. Even I fall guilty to it at times. It’s really a part of Human Nature…and really what fun is life without it? What exactly are we talking about? Dreaming. We make grand plans and lay them out with the utmost care. We write them out, daydream about them, and (hopefully) we Read More

17 Apr 2018

Breaking a mortgage – can you do it?

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Do you have a mortgage? So do I! Looks like we have something in common. Did you know that 6 out of 10 consumers break their mortgage 38 months into a 5-year term? That means that 60% of consumers break a 5-year term mortgage well before it’s due…but do you also know what the implications Read More

9 Apr 2018

Top 5 Things To Consider When Building Your New Home

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Building a new home – It’s something that many couples dream of. It can be an exciting, stressful, joyful, crazy time period that many walk away from saying “never again” or “bring on the next one!” We scoured the internet and sorted through our own experiences to bring you the Top 5 things to consider Read More

22 Mar 2018

History of Mortgage Changes

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

13 Mar 2018

Where are Canadian Mortgage Rates Going in 2018?

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

2017 was a year of change for the Canadian Mortgage Market. With the announcement of the B-20 guideline changes requiring all insured or uninsured mortgages to undergo stress testing. In addition, the removal of mortgage bundling and the continued rate rises from the Bank of Canada have led to significant changes in mortgage rates. This Read More

6 Feb 2018

What is the Canadian Mortgage and Housing Corporation (CMHC)?

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

The Canadian Mortgage and Housing Corporation (CMHC) is a corporation that most are semi-familiar with, but do not know what CMHC actually does. CMHC is Canada’s authority on housing. They contribute to the stability of the housing market and the financial system. They also provide support for Canadians in housing need and offer objective housing Read More

1 Feb 2018

Bank vs. Credit Union – A who is who in borrowing

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Banks and Credit unions are often grouped together into one category under “financial institutions”. While they may have several similarities in terms of financial service offerings, in the world of mortgages the banks and credit unions have little in common. As mortgage professionals, we work with both of them and are well versed in 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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