Author: Sandra Tisiot

31 Oct 2016

And Then It Happens To You!

Posted by: Sandra Tisiot

Dominion Lending Centres - Accredited Mortgage Professional

As a mortgage professional with Dominion Lending Centres, I do everything I can to maintain a high credit score. For example, I pay off my credit card in full, or at least the monthly minimum, on time every month. I don’t overuse credit and I stay under 75% of my credit limit. However. . . Read More

21 Oct 2016

Are You Stressed About the New Stress Test? There’s No Need To Be!

Posted by: Sandra Tisiot

Dominion Lending Centres - Accredited Mortgage Professional

That’s right! Sure the new mortgage rules from our Federal Government on October 17th can be a bit confusing, here are five tips to help you with your mortgage while at the same time, reducing your stress. 1. Review your Credit File: Good credit is your ticket to informed borrowing and purchasing, great rates and, Read More

2 Dec 2015

You’re Approved, NOW What? Top 10 Tips For a Smooth Closing

Posted by: Sandra Tisiot

Dominion Lending Centres - Accredited Mortgage Professional

While you may have a mortgage approval, your mortgage doesn’t actually fund until the day you close on your new home. During that period of time, keep the following tips in mind to ensure a smooth closing. 1. Be careful about taking on additional credit, i.e., new credit cards or “Don’t pay for one year” Read More

6 Oct 2015

The Difference between a Rate-Hold and a Pre-Approved Mortgage Certificate

Posted by: Sandra Tisiot

Dominion Lending Centres - Accredited Mortgage Professional

First, let’s start with a definition of each. Mortgage Terminology Rate-Hold: a rate-hold is simply that. The financial institution holds a rate for a specific term and for a certain number of days. In Canada we typically hold rates for 120 days. You must close your mortgage on or before that date to secure the Read More

17 Sep 2015

Collateral Versus Standard Charge Mortgages

Posted by: Sandra Tisiot

Dominion Lending Centres - Accredited Mortgage Professional

Since an increasing number of lenders are moving towards collateral charge mortgages these days, it has never been more important to understand the differences between a collateral and standard charge mortgage. The primary difference is that a collateral charge mortgage registers the mortgage for more money than you require at closing. For instance, up to 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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