News

15 Nov 2017

I’ve never heard of that lender before

Posted by: Michael Hallett

Dominion Lending Centres - Accredited Mortgage Professional

One of the benefits of working with an independent mortgage professional; compared to getting your mortgage through a single institution, is choice. And as there are even more mortgage rules coming into place January 1st 2018, now more than ever, having access to a wide variety of mortgage products is going to ensure you get Read More

9 Nov 2017

Advice and options mean you’re in control

Posted by: Jonathan Barlow

Dominion Lending Centres - Accredited Mortgage Professional

Today, you and your spouse go looking for a new home. You’re excited because after years of scrimping and saving, you can finally afford your own place. You’ve engaged a realtor and he’s called you to say that he’s found your new home. You visit the property and while its not perfect, your realtor insists Read More

8 Nov 2017

4 Common Financial Mistakes Every Small Business Owner Should Avoid

Posted by: Jennifer Okkerse

Dominion Lending Centres - Director of Operations, Leasing Division

Every entrepreneur and business owner will make a few financial mistakes during their journey. Those who aren’t savvy in accounting often overlook the need to brush up on their financial IQ. Truth is, these little financial errors can lead to some serious cash flow problems if you aren’t careful. Here are four financial mistakes you Read More

7 Nov 2017

Fact and Fiction-Our House Magazine

Posted by: Jeremy Deutsch

Communications Advisor

This story appeared in the Fall issue of Our House Magazine The restored Green Gables property in Prince Edward Island is a blend of Lucy Maud Montgomery’s real childhood home and the one of her fertile imagination.  Stepping into the house at 8521 Cavendish Road in Cavendish, P.E.I., is like walking back a couple of Read More

6 Nov 2017

You just got a mortgage. Now what?

Posted by: Michael Hallett

Dominion Lending Centres - Accredited Mortgage Professional

Mortgages are a funny thing. On the one hand they allow you to become a home owner without saving up enough money to purchase the home outright, which is a really good thing. On the other hand, even at today’s really low interest rates, as they are amortized over a really long time (most of Read More

3 Nov 2017

3 Nov 2017

The Capital Stack. What You Need to Know

Posted by: Allan Jensen

Dominion Lending Centres - Accredited Mortgage Professional

Financing is key to successful real estate investing. You’ve aligned your financing with your real estate investment strategy, and are comfortable that you can execute your plan. As a result, you may have a conventional mortgage, and secondary debt as well. The term Capital Stack is used to describe the various levels or layers of Read More

2 Nov 2017

The New Normal

Posted by: Michael Hallett

Dominion Lending Centres - Accredited Mortgage Professional

’Tis the season… this was no surprise here! The latest round of mortgage guidelines has been announced by OSFI, or Office of the Superintendent of Financial Institutions. As of January 1, 2018, all conventional or uninsured mortgages will have to qualify at the Bank of Canada 5-year fixed rate or the contractual rate + 2%, Read More

1 Nov 2017

Decision Day At The Fed

Posted by: Dr. Sherry Cooper

Chief Economist, Dominion Lending Centres

The policymakers at the U.S. central bank decided to leave the target range for the federal funds rate (equivalent to the Bank of Canada overnight rate) unchanged at 1 to 1-1/4 percent acknowledging that the stance of monetary policy remains accommodative. This stance will allow the labour markets in the U.S., which are already very Read More

1 Nov 2017

How to Get a Mortgage After Bankruptcy

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

Bankruptcy is always the last resort-and it’s never easy or comfortable. However, sometimes it is the only option to turn to when life throws you something unexpected. The lasting impression it can have on one’s financial profile though can be overwhelming. If you have bankruptcy in your past, don’t fear-we have 6 steps to take 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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