4 Jun

Introducing the First Responder Mortgage Program

General

Posted by: James Wynters

Dominion Lending Centres® is proud to announce our brand new First Responder Mortgage Program™. In times of uncertainty, we can always count on our first responders. From coast-to-coast, you put Canadians first and ensure the health and safety of this great country – and we wanted to give you something in return. The First Responder […]

Read More
12 May

25 Secrets Your Banker Doesn’t Want You to Know

General

Posted by: James Wynters

Twenty-five or thirty years can sound like an impossibly long time to service a loan – and for many of us, it is. If you are looking to pay off your mortgage faster, here are some tried-and-true tactics to get you to financial freedom that much sooner! Make a Double Mortgage Payment: A double payment once […]

Read More
3 May

Making the Grade: Common Myths About Credit Scores

General

Posted by: James Wynters

How is your credit score calculated? It is a complex answer and, as such, common myths persist. Today, we are going to help you get a better understanding of your credit score and how to make the grade by busting the most common credit score myths! MYTH #1: TOO MANY CREDIT CARDS WILL HURT MY […]

Read More
26 Apr

How to Afford a Second Property in Retirement

General

Posted by: James Wynters

More and more Canadians are choosing to buy a second property in retirement. Reasons for doing this vary. Some want to reap the rewards of a lifetime of saving and treat themselves to a vacation home. Others, on the other hand, view their second property as an investment, intending to rent it out and use […]

Read More
19 Apr

Mortgage Broker vs Mortgage Specialist

General

Posted by: James Wynters

To most consumers outside of the mortgage space, the terms “mortgage broker” and “mortgage specialist” would seem interchangeable – but they aren’t. As a potential homeowner, the differences are more important than you might think. First and foremost, it is important to understand the definition of these groups before looking at the major differences. Mortgage brokers […]

Read More
10 Apr

Relocate or Renovate

General

Posted by: James Wynters

Like Lighting in a Bottle. That’s how Todd Talbot describes the chemistry between him and Jillian Harris, his co-host of the reality TV series Love It or List It Vancouver. There’s an undeniable electricity that flows between the pair who have battled against each other through 104 hour-long episodes of the home-design series. Sparks fly, […]

Read More
3 Apr

How to put an offer on a property with multiple offers.

General

Posted by: James Wynters

In many areas across Canada, local real estate markets continue to experience a trend toward a relative lack of home listings and an influx of active buyers. As a result, those ready to sell are in a favourable position to generate multiple offers on their home – often leading to buyers paying over market value […]

Read More
28 Mar

The 7 Misconceptions about Reverse Mortgages

General

Posted by: James Wynters

How much do you really know about reverse mortgages? Maybe you know that reverse mortgages can help Canadians 55+ access the equity in their home, tax-free. Maybe you know that tens of thousands of Canadians are using a reverse mortgage as part of their financial plan. But did you know that there are 7 common […]

Read More
21 Mar

6 Important Questions to Ask Before a Big Home Renovation

General

Posted by: James Wynters

So you want to make a major home renovation. Congratulations! Now, you’ve got to find the right contractor for the job. While doing a thorough online search or asking family and friends is an important first step, once you find a potential contractor, it’s time to start treating the process like a job interview. Being […]

Read More
13 Mar

It’s All About the Property

General

Posted by: James Wynters

When your mortgage application goes through the approval process, they are not only looking at you, but also the property in question. In fact, sometimes when an application is denied it has nothing to do with you, and everything to do with the property. To improve your chances of success when it comes to financing, […]

Read More