News

10 Jul 2019

20 Terms that Homebuyers Need to Know

Posted by: Kelly Hudson

Dominion Lending Centres - Accredited Mortgage Professional

Buying a home is one of the most important financial decisions you will make. It’s common for a first-time homebuyer to be overwhelmed when it comes to real estate industry jargon, so this BLOG is to help make some of the jargon understandable. To help you understand the process and have confidence in your choices, Read More

9 Jul 2019

5 mortgage tips to help you afford a home

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Buying a home is more difficult now than ever—and this is not news to anyone! No matter where you live, the recent stress testing measures, increase in housing prices in major cities, and continued increase of the cost of living all combine to make home ownership a daunting task. But we do want to offer Read More

5 Jul 2019

Following Months of Booming Jobs Growth, Gains Stall in June

Posted by: Dr. Sherry Cooper

Chief Economist, Dominion Lending Centres

After a long stretch of stronger-than-expected Canadian jobs growth, it is not surprising that this notoriously volatile data series took a breather. There was little change in the number of employees in both the public and private sectors in June. The Canadian economy shed 2,200 jobs last month as self-employment fell 1.4% and other employment Read More

5 Jul 2019

Millionaires and real state

Posted by: David Cooke

Dominion Lending Centres - Accredited Mortgage Professional

Andrew Carnagie was one of the richest men in America over 100 years ago. Today his wealth would be worth $4.6 billion dollars. He was a shrewd businessman. While he made most of his money in oil and iron, he understood the value and importance of real estate in building wealth. Leveraging your money is Read More

4 Jul 2019

Technology in Mortgages and Real Estate

Posted by: Eitan Pinsky

Dominion Lending Centres - Accredited Mortgage Professional

Technology is already playing a huge role in the mortgage industry. In the past, mortgage applications had to be physically taken by hand and faxed in (what’s fax anyways?!)… It may soon by possible, with technology’s help, for borrowers to be able to fill out their own application and send it, along with all supporting Read More

3 Jul 2019

We can fix your credit problems

Posted by: David Cooke

Dominion Lending Centres - Accredited Mortgage Professional

Many people do not realize that Dominion Lending Centres mortgage professionals can help you with your credit and get you to a point where you will qualify for a mortgage. We have been doing this for years. New to Canada or Just Graduated – both of these groups of people have the same problem. They Read More

21 Jun 2019

How to get a 5% down payment for a $500,000 purchase

Posted by: Angela Calla

Dominion Lending Centres - Accredited Mortgage Professional

We have seen a return of the buyers’ market and many people are asking, how long will this last? While some renters without a down payment might be asking, how can o put a plan in place to own? With the cost of living so high, and student debts coming out of school, many consumers Read More

20 Jun 2019

Mortgage Broker History and Mortgage Applications

Posted by: Eitan Pinsky

Dominion Lending Centres - Accredited Mortgage Professional

In the past, we had banks (bank as a catch all for credit unions and trust companies) and Mortgage Brokers. Writing mortgage applications is extremely difficult; there are a lot of moving parts in a mortgage. Because of this, banks employ mortgage specialists whose sole role is to provide mortgage advice. On the other hand, Read More

19 Jun 2019

4 Home Improvements that will pay you back

Posted by: David Cooke

Dominion Lending Centres - Accredited Mortgage Professional

Some home improvements provide more of a payback when you sell the house down the road. Here’s a list of the four home improvements which will provide the biggest payback when you sell.  Adding square footage – while this can be a very expensive project, adding to the size of a house can re-coup between Read More

17 Jun 2019

May Shows Signs of Improvement In BC and Alberta

Posted by: Dr. Sherry Cooper

Chief Economist, Dominion Lending Centres

Statistics released late last week by the Canadian Real Estate Association (CREA) show that national home sales increased in May. Together with monthly gains in the previous two months, activity in May reached its highest level since early last year when the new B-20 stress testing was introduced. While last month’s home sales stood 8.9% 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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