Author: Kiki Berg

1 Nov 2018

Documents you need for your mortgage pre-approval

Posted by: Kiki Berg

Dominion Lending Centres - Accredited Mortgage Professional

Being fully pre-approved means that the lender has agreed to have you as a client (you have a pre-approval certificate) and the mortgage broker has reviewed and approved ALL your income and down payment documents (as listed below) prior to you going house hunting. Many bankers will say you’re approved; you go out shopping and Read More

24 Oct 2018

Are you behind on your CRA Taxes?

Posted by: Kiki Berg

Dominion Lending Centres - Accredited Mortgage Professional

Nothing weighs heavy on one’s shoulders than owning a home and getting behind on your Canada Revenue taxes. Most banks will not be able to help you refinance your home to pay them off as CRA has first dibs on your house and assets. We have clients owing anywhere from $5,000- $300,000 in back taxes Read More

13 Jul 2018

10 SECRET “To-Do’s” After you file Consumer Proposal or Bankruptcy

Posted by: Kiki Berg

Dominion Lending Centres - Accredited Mortgage Professional

Many people go through challenges in life that affect their finances. Divorce, job loss, health issues top the most common reasons. I commend you on getting your finances sorted out and back on track. The moment you FILE that consumer proposal or bankruptcy is the time to start rebuilding your credit history. YES, there are Read More

22 Nov 2017

Documents you need to qualify for a mortgage

Posted by: Kiki Berg

Dominion Lending Centres - Accredited Mortgage Professional

Being fully pre-approved means that the lender has agreed to have you as a client (you have a pre-approval certificate) and the lender has reviewed, approved ALL your income and down payment documents (as listed below) prior to you going house hunting. Many bankers will say you’re approved, you go out shopping and then they Read More

18 Sep 2017

18 Aug 2017

Top 5 costly financial mistakes homeowners make with their mortgage

Posted by: Kiki Berg

Dominion Lending Centres - Accredited Mortgage Professional

1. Not consolidating high interest debt into low interest mortgage. 2. Paying “fees” to get the lower rate 3. Not looking at their long term forecast 4. Taking a 5 year rate when 3-4 years can be cheaper 5. Having their mortgage with a lender that has high penalties and restrictive clauses. Not consolidating high Read More

24 May 2017

Self Employed? 8 Tips to help you qualify for a mortgage

Posted by: Kiki Berg

Dominion Lending Centres - Accredited Mortgage Professional

Since 2012, it’s become the wild west of mortgage options out there for those folks who are living the Canadian dream of being Self Employed (also known as BFS, Business for Self).  In 2012, the Office of the Superintendent of Financial Institutions introduced Guideline B-20, which required federally regulated banks to tighten the rules for Read More

13 Nov 2015

4 Costly Mortgage Mistakes of those New Home Buying “Incentives”

Posted by: Kiki Berg

Dominion Lending Centres - Accredited Mortgage Professional

It’s exciting! Brand new shiny homes, opulent new appliances and granite countertops followed by massive marketing with deep discounts, rebates, cashback, free tvs, offers to pay your strata and mortgage payments? Developers are throwing in these incentives to entice buyers and many are getting shocked with the ramifications when they close at the lawyers. Nothing comes Read More

5 Nov 2015

Can’t qualify for a bank mortgage? How do private mortgages work?

Posted by: Kiki Berg

Dominion Lending Centres - Accredited Mortgage Professional

There is almost ALWAYS a mortgage solution. New to Canada? Self Employed? Maybe a few credit glitches in your past? You just need to ask the right mortgage consultant. Not everyone can qualify for bank mortgages today. It doesn’t make you a bad person, it makes you a business savvy person getting the best mortgage Read More

21 Sep 2015

How To Qualify For a Mortgage Post Consumer Proposal

Posted by: Kiki Berg

Dominion Lending Centres - Accredited Mortgage Professional

Congratulations you have made it through one of the toughest financial times in your life. It feels good to have this under control and know there is a light at the end of the tunnel. I too have been down this road in 1998 and now I educate the RIGHT way to have a plan. 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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