Great Article written by a co-worker this week: APR 2019 FEDS OFFER NEW INCENTIVES FOR NEW HOME BUYERS In this year’s budget, the federal government announced a program for first-time homebuyers that would offer between 5% and 10% top up from the Canada Mortgage and Housing Corporation. If you’re buying a brand new home, the […]

Here is a great article written by a co-worker: 5 APR 2019 SOURCE OF FUNDS Over the past several years, investigators have been working on an ongoing investigation relating to criminal money laundering in Canada. Looking at B.C. alone, billions of dollars have been laundered through B.C. casinos by criminal organizations and parked in high […]

Interesting Article below of An Article from a DLC Co-worker: THE TALE OF THE FORGOTTEN MONEY Ever wonder what happens to bank accounts that are inactive, forgotten about and left unclaimed? The answer to that question is that you probably haven’t. I know the thought of it never really crossed my mind and I bet […]

Did you know that there are myths about Mortgage Brokers out there? Common Myth: You only need a mortgage broker if you have bad credit! Whether your credit is good, bad or in-between, we as mortgage brokers focus on finding the best possible mortgage solution for you! You will benefit from using a Mortgage Broker! […]

See what my colleague has written about improving your credit scores . . . good read!! 9 JAN 2019 9½ STEPS TO REPAIR AND IMPROVE YOUR CREDIT Though credit scores aren’t always an indicator of financial health, they are used in a variety of ways that could have a major impact on your life. Interest […]

RRSP – USE HOME BUYERS’ PLAN (HBP) MORE THAN ONCE Under the home buyers’ plan, a participant and his or her spouse or common- law partner is allowed to withdraw up to $25,000 from his or her RRSP to buy a home. Before 1999, only the first- time home buyers are permitted to buy a […]

Read the following article, posted by one of our bloggers from Dominion Lending Centres: 5 WAYS YOU CAN KILL YOUR MORTGAGE APPROVAL So, you found your dream home, negotiated a fair price which was accepted. You supplied all the needed documentation to your mortgage broker and you are waiting for the day that you go […]

21 NOV 2018 Here’s a great blog post! LOOKING FOR A MORTGAGE… YOU BETTER KNOW YOUR CREDIT SCORE Over the last month, as the big banks and many of our monolines mortgage lenders wind down their fiscal year, we are starting to see some very obvious changes in what your credit score can get you. […]

Great read below from a DLC team-member: 15 NOV 2018 PRE-APPROVED FOR YOUR MORTGAGE… WHAT DOES THAT REALLY MEAN? There is a myth out there that once you’re pre-approved for a mortgage, you’re good to go out and buy a home… with a no subject offer… DON’T do it! A pre-approval means that based on […]

7 AUG 2018 WHAT IS A MONOLINE LENDER? What usually follows once someone hears the term “Monoline Lender” for the first time is a feeling of suspicion and lack of trust. It’s understandable, I mean why is this “bank” you’ve never heard of willing to loan you money when you’ve never banked with them before? […]