Author: Kris Grasty

1 Dec 2017

Getting on the Property Ladder

Posted by: Kris Grasty

Dominion Lending Centres - Accredited Mortgage Professional

As property prices continue to rise across Canada, the conversation around “how to climb the property ladder” has made a subtle shift to “how to get on the property ladder in the first place.” Especially if you’re single. Whereas before it was assumed anyone would qualify to buy a starter home (or condo), nowadays with Read More

22 Jun 2016

Down Payment Considerations

Posted by: Kris Grasty

Dominion Lending Centres - Accredited Mortgage Professional

More often than not, as a Dominion Lending Centres mortgage broker, I come across clients who may not yet know, understand or simply forget about all of the costs incurred in purchasing a home. Closing costs are something you should be made aware of by your Mortgage Broker as well as your carrying costs once Read More

18 May 2016

Increasing Home Values Allow for Refinance Potential

Posted by: Kris Grasty

Dominion Lending Centres - Accredited Mortgage Professional

Just a few years ago, a federally imposed limit on how much equity you could access via refinancing your home was tightened to 80% of value. The requirement to maintain a minimum 20% equity in your property has made refinancing for many people difficult. Those who only put 5% or 10% down must wait years Read More

26 Nov 2015

Tips On Getting Ready To Be a First Time Home Buyer

Posted by: Kris Grasty

Dominion Lending Centres - Accredited Mortgage Professional

Very often, the first question is “what can I afford”. To answer this for a person getting ready to buy, we need to know about what is happening now, income, bills, savings, credit score etc. There are many positive things that you can do in the year or two prior to buying. It is always Read More

19 Nov 2015

Online Mortgage Rates and Products – Do They Apply To You?

Posted by: Kris Grasty

Dominion Lending Centres - Accredited Mortgage Professional

Online access to information is fantastic! The ability to understand a glossary of terms and products out there is amazing when compared to even a decade ago. I love “Googling” and finding how to fix my car, or how to engage in my do-it-yourself home projects. I feel more informed and gain confidence embarking on Read More

23 Sep 2015

The Truth About the Cash Back Mortgage

Posted by: Kris Grasty

Dominion Lending Centres - Accredited Mortgage Professional

We often see ads from the major lenders offering cash back incentives on their Mortgage products. Gone are the days where a Cash Back Mortgage could be used to facilitate a purchase without the required minimum of a 5% down payment. Cash Back incentives are now made available for other enticing uses; New Furniture and Appliances, Read More

28 Jul 2015

Common Pitfalls in Purchasing Strata Properties

Posted by: Kris Grasty

Dominion Lending Centres - Accredited Mortgage Professional

Looking to purchase a Condo in a Strata? During my time as a Mortgage Broker,  I have helped Buyers side step a few pitfalls. Most of these are really easy to avoid and come down to simply doing your own due diligence prior to and during the shopping process. #1 – Work With Your Own Realtor! The first Read More

6 Jul 2015

New vs Old Condo Purchase

Posted by: Kris Grasty

Dominion Lending Centres - Accredited Mortgage Professional

Weighing the Pros and Cons of Buying a New vs Old Condo The desire to own something new is always there however in the Vancouver market (and all throughout Canada) there are often some great older homes and condos that are renovated with lots of character. The debate on purchasing New vs Old is often 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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