Author: Kelly Hudson

14 Jun 2018

Don’t Forget the Closing Costs When You Purchase a Home

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

The purchase price you negotiate when buying or selling a home is just one part of the total cost for buying a home. In addition to the purchase price there are several other fees – known as closing costs – all of which you need to factor in to your purchase price. Closing costs tend Read More

23 Jan 2018

What is a Property Assessment vs a Home Appraisal?

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

It’s the time of year when many homeowners are getting their property assessments. The real estate market is the single biggest influence on market values. Market forces vary from year to year and from property to property. The market value on an assessment notice may differ from that shown on a bank mortgage appraisal or Read More

18 Jan 2018

9 Reasons Why People Break Their Mortgages

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

Did you know that 60 per cent of people break their mortgage before their mortgage term matures? Most homeowners are blissfully unaware that when you break your mortgage with your lender, you will incur penalties and those penalties can be painfully expensive. Many homeowners are so focused on the rate that they are ignorant about Read More

17 Nov 2017

Mortgage Payment Options… Which is the Best Option for Your Situation?

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

Once your mortgage has been funded by your lender, you need to decide on how frequently you want to make your mortgage payments. Most people want to pay off their mortgage as quick as possible to save paying interest. We’ll discuss various mortgage payment options and then do the math by crunching mortgage numbers, keeping Read More

19 Oct 2017

Self-Employed? Here’s What You Need to Know About Mortgages

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

Why, why, why it is so challenging for entrepreneurs to obtain a mortgage in Canada? If you’re among the 2.7 million Canadians who are self-employed, regrettably your income is not as easy to document as someone who’s traditionally employed. Since 2008, mortgage regulations in Canada have made it more challenging for those who work for Read More

25 Sep 2017

Bridge Financing – How Does It Work?

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

Rarely in life do things go as planned, especially in real estate. In a perfect world, when buying a new home, most people want to take possession of their new house before having to move out of the old one. This makes moving a lot easier and allows you time for painting or renovations prior Read More

23 Aug 2017

How to Renew Your Mortgage in 5 Easy Steps

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

If you have a mortgage, chances are unless you win a lottery (cha-ching $$$) you’ll be doing a mortgage renewal when your current term has finished. While most Canadians spend a lot of time, and expend a lot of effort, in shopping for an initial mortgage, the same is generally not the case when looking 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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