Author: Kathleen Dediluke

6 Mar 2017

Inside and Outside the Box Mortgages in Today’s Market

Posted by: Kathleen Dediluke

Dominion Lending Centres - Accredited Mortgage Professional

As we truck along in 2017, Mortgage Brokers and Lenders are adjusting to the new risk based mortgage rate pricing that came into play after the Finance Minister changed Government backed mortgage default insurance regulations in late 2016. Lenders often choose to pay for mortgage default insurance on mortgages where the borrower was not required to Read More

28 Feb 2017

15 Feb 2017

What You Need To Know About No Frills Mortgages

Posted by: Kathleen Dediluke

Dominion Lending Centres - Accredited Mortgage Professional

You’ve been offered an amazing rate and you just can’t believe how much you will save. You’re super excited and getting ready to go sign off on the papers when you randomly run into a mortgage broker and mention the deal you scored. The broker says to you that’s an awesome rate, any idea what Read More

27 Jan 2017

Upgrading Your Home: Refinance Plus Improvements Mortgage Option

Posted by: Kathleen Dediluke

Dominion Lending Centres - Accredited Mortgage Professional

When it comes to mortgages and renovations it is important that you have your financing in place before you take the sledge hammer out of the garage! Lenders do not like coming into play half way through a renovation. Planning is essential to ensure you will have enough funds to cover the renovation costs. Did Read More

17 Jan 2017

Why So Many Mortgage Documents?

Posted by: Kathleen Dediluke

Dominion Lending Centres - Accredited Mortgage Professional

Documents, documents and more documents. Yes that’s right you will need to provide your Dominion Lending Centres mortgage broker with as many documents that we request upfront as possible. Why? Because the more supporting documentation you have available will help us as brokers to find you your best mortgage options. If you don’t have everything Read More

9 Jan 2017

How Your Credit Score Affects Your Purchase Price

Posted by: Kathleen Dediluke

Dominion Lending Centres - Accredited Mortgage Professional

Your Credit Score that the lenders use, not to be mistaken by the Credit Risk Score you see when you check your own credit, is one aspect of determining your borrowing power. The better your score, the length of established credit and your payment history the better when it comes to mortgage financing. Let’s assume Read More

6 Dec 2016

10 Things You Should Know About Buying a Strata

Posted by: Kathleen Dediluke

Dominion Lending Centres - Accredited Mortgage Professional

Strata condominiums or townhouses are a popular home options with many benefits including providing little personal maintenance, the ability to live in a more populated area, among others. 10 Things you should know about Condo and Townhouse Strata Properties Each Strata lot typically has one vote. You may have a monthly strata fees which will Read More

28 Nov 2016

Why You Shouldn’t Trust “What Can I Afford Calculators”

Posted by: Kathleen Dediluke

Dominion Lending Centres - Accredited Mortgage Professional

Your maximum mortgage amount is determined by your credit profile, your usable income (which is determined by each lender), your down payment among other requirements. Not all applicants fit into one box and this is why you should never trust the “What do I Qualify for Mortgage Calculators”. Let me tell you a story about 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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