Author: Kelly Hudson

4 Apr 2019

7 Steps To Buying a Home

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

It’s important to understand the home buying process, so here’s a 7-step checklist. Step 1: Down Payment The hardest part to buying a home is saving the down payment (a gift from the Bank of Mom & Dad also works). • For purchases under $500,000 minimum down payment is 5%. • Buying between $501-999,000 you Read More

14 Mar 2019

21 Feb 2019

5 Reasons Why You Don’t Qualify for a Mortgage

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

It’s not just because of finances. As a mortgage broker I receive calls from people who want to know how to qualify for a mortgage. Most of the time it comes down to finances but there are other reasons as well. Here are the 5 most common reasons why your home mortgage loan application could Read More

8 Feb 2019

17 Jan 2019

5 C’s of Credit to get a Mortgage

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

Whether you are buying your first home or have been a home owner for years, when you are looking at purchasing a property, finding the best mortgage solution for your specific situation can be an intimidating experience. Working with a licenced mortgage broker will ease that tension, along with knowing the basics of what lenders Read More

9 Jan 2019

9½ Steps to Repair and Improve Your Credit

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

Though credit scores aren’t always an indicator of financial health, they are used in a variety of ways that could have a major impact on your life. Interest rates (including mortgage rates) are almost always determined by your credit score. Some employers & landlords may require a credit check to see if you have past Read More

29 Nov 2018

Would a Co-Signer Enable You to Qualify for a Mortgage?

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

There seems to be some confusion about what it actually means to co-sign on a mortgage… and any time there is there is confusion about mortgages, it’s time to chat with your trusted Dominion Lending Centres mortgage professional! Let’s take a look at why you would want to have someone co-sign your mortgage and what Read More

15 Nov 2018

Pre-Approved for Your Mortgage… What Does that Really Mean?

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

There is a myth out there that once you’re pre-approved for a mortgage, you’re good to go out and buy a home… with a no subject offer… DON’T do it! A pre-approval means that based on being able to PROVE (through documentation) your CURRENT income, expenses, down payment and credit bureau you SHOULD be able Read More

8 Nov 2018

How to Get a FREE Copy of Your Credit Bureau

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

Think of your credit score as a report card on how you’ve handled your finances in the past. A credit score is a number that lenders use to determine the risk of lending money to a given borrower. There is always someone willing to lend you money however, higher risk = higher rates! Step 1 Read More

26 Oct 2018

7 Tips for Buying Your First Home

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

As a licensed Mortgage Broker, I am often asked “what do I need to know when buying my first home?” Everyone has their own aims and objects when buying their first home. As a Mortgage Broker, I specialize in making sure your financing is in order to facilitate your dreams of owning a home. Buying 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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