Author: Gurcharan Singh

21 Feb 2018

RRSP – Use home buyers’ plan (HBP) more than once

Posted by: Gurcharan Singh

Dominion Lending Centres - Accredited Mortgage Professional

Under the home buyers’ plan, a participant and his or her spouse or common- law partner is allowed to withdraw up to $25,000 from his or her RRSP to buy a home. Before 1999, only the first- time home buyers are permitted to buy a home under this plan. Now a person can take an Read More

28 Apr 2016

First Time Home Buyers – Planning and Negotiations Will Save You Time and Money

Posted by: Gurcharan Singh

Dominion Lending Centres - Accredited Mortgage Professional

Every mortgage is unique. Would the advertised/online RATE work for everybody? It’s hard to say, until your documents fulfill all the conditions for that rate. Sometimes there are challenges to getting the approval of the mortgage. Dominion Lending Centres mortgage professionals try their best to find solutions to those challenges because they have a business relationship Read More

19 Jan 2016

Be Aware Of Allowable Sources Of Down Payments

Posted by: Gurcharan Singh

Dominion Lending Centres - Accredited Mortgage Professional

In Winnipeg, MB, Jackson and Hailey have been living in a rental home for more than three years. They liked this rental home so much; they asked the landlord if they could buy this house. The landlord agreed to sell the property for $300,000 to Jackson and Hailey. On August 1, 2015, the landlord as “seller” Read More

17 Nov 2015

Home Buyer’s Plan: Understand Your Investment

Posted by: Gurcharan Singh

Dominion Lending Centres - Accredited Mortgage Professional

Brad and Brenda have been putting some money in their RRSPs investments for the last four years. Their last statement shows that they have $12,500 in their RRSP’s savings, and they also have $5,000 in the bank in their savings account. They decided to buy a starter home in Winnipeg, MB for the price of 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.
    Learn More
  • 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