News

5 Feb 2016

The Real Value of Title Insurance

Posted by: Pauline Tonkin

Dominion Lending Centres - Accredited Mortgage Professional

I am often asked by clients about the real value of title insurance, why they need to have and pay for it.  Whether you are a home buyer or a home owner simply refinancing the mortgage on your home, you will need title insurance.  Once I explain the reason and need for title insurance, the Read More

4 Feb 2016

Property Assessments vs. Market Value

Posted by: Dustan Woodhouse

Dominion Lending Centres - Accredited Mortgage Professional

Short Version: Do not rely on BC assessment for a value. Do not rely on a buyer in a private transaction for a value. Do not rely on your neighbours, friends, or family members for a value. Do consider a marketing appraisal, but do not rely on it 100%. Do consider the evaluation by an Read More

3 Feb 2016

All Things Credit Report

Posted by: Brent Shepheard

Dominion Lending Centres - Accredited Mortgage Professional

Any time you apply for credit in the form of a credit card, personal loan, auto loan, or cell phone, the company lending you money will want to access your credit report first. Your credit report is a snapshot of how you have repaid your financial obligations in your past. Lenders will use this information Read More

2 Feb 2016

Tips to Painlessly Have Your Best Financial Year Ever

Posted by: Pam Pikkert

Dominion Lending Centres - Accredited Mortgage Professional

Welcome to the second month of 2016! We have all had a few weeks to settle in now and get back to reality and, as always, getting our finances in order is at the top of mind for many of us. Today we are going to look at a few tricks to help you navigate Read More

1 Feb 2016

Dream Big But Spend Less?

Posted by: Kevin Babin

Dominion Lending Centres - Accredited Mortgage Professional

The bigger the better, right? We dream about our castle having an indoor swimming pool, a three car garage and a fully stocked wine cellar. The reality for most of us is something much more modest and there’s nothing wrong with that. Why have the castle if you’re worried about next month’s mortgage payment? All Read More

29 Jan 2016

How Do Mortgage Brokers Help?

Posted by: Geoff Lee

Dominion Lending Centres - Accredited Mortgage Professional

The most important strategy that a home buyer could ever have is putting together a team of Real Estate professionals to help them make the wisest decisions in regard to the biggest purchase they will ever make; a property purchase. It is so very important to align yourself with a Realtor who has excellent property and Read More

28 Jan 2016

Title Insurance Can Be Your Best Friend When Purchasing Real Estate

Posted by: James Leigh

Dominion Lending Centres - Accredited Mortgage Professional

Nearly everyone will buy a home and, in fact, most people will buy several, moving up from one to another more desirable home.  Each time they buy a home, the buyer‘s realtor will request a Real Property Report from the seller’s Realtor. A Real Property Report (RPR) is a legal document that clearly illustrates the location Read More

27 Jan 2016

How to Successfully Kill Your Financing Approval

Posted by: Pam Pikkert

Dominion Lending Centres - Accredited Mortgage Professional

Here is where you are currently sitting. You have successfully found your dream home. Negotiated like a true champion and kept your calm through the back and forth with the seller. Provided the endless supply of paperwork required by your lender to meet the financing condition. Set up all the things required for the big Read More

26 Jan 2016

25 Jan 2016

Top 5 Questions To Ask Your Mortgage Lender Before Signing On the Dotted Line

Posted by: Brian Mill

Dominion Lending Centres - Accredited Mortgage Professional

1. How the penalties are calculated if I break my mortgage early? Specifically, ask what rate they use to calculate the “interest rate differential”. Typically, if the lender has “posted rates” they use these to calculate the penalty. If this is the case, the penalty can be 3, 4 or even 5 times higher than 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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