20 Dec

5 ways to kill your mortgage approval!

General

Posted by: Karen Lagore

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 […]

Read More
21 Nov

You Better Know your Credit Score!

General

Posted by: Karen Lagore

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. […]

Read More
15 Nov

What does pre-approval REALLY mean?

General

Posted by: Karen Lagore

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 […]

Read More
5 Nov

Have you heard of Monoline Lenders?

General

Posted by: Karen Lagore

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? […]

Read More
1 Nov

Mortgage Pre-approvals

General

Posted by: Karen Lagore

Great article for you, great read!! DOCUMENTS YOU NEED FOR YOUR MORTGAGE PRE-APPROVAL Being fully pre-approved means that the lender has agreed to have you as a client (you have a pre-approval certificate) and the mortgage broker has reviewed and approved ALL your income and down payment documents (as listed below) prior to you going […]

Read More
31 Oct

Marijuana and the Canadian Housing Market

General

Posted by: Karen Lagore

Here is a great article on the new Marijuana legalization in Canada: 17 OCT 2018 LEGALIZED MARIJUANA AND THE CANADIAN HOUSING MARKET October 17th will be an important day in Canada’s social history. It’s the day when we are going to have legalized marijuana across the country. We will be the second major country in […]

Read More
30 Oct

Second Mortgage Information

General

Posted by: Karen Lagore

Here is a great article from a DLC colleague: 4 KEY THINGS YOU NEED TO KNOW ABOUT A SECOND MORTGAGE Many homeowners are vaguely aware of the fact that you can take out a second loan on your home. You hear your friends mention it or perhaps a family member close to you has gone […]

Read More
23 Oct

Keeping Your Credit Score Healthy

General

Posted by: Karen Lagore

Credit is so important … not only for mortgages but many other products in our lives like credit cards and home insurance …. so on that note check out the below blog from my DLC Colleague Keeping Your Credit Score Healthy There is a lot of misinformation floating around about credit bureaus, credit reports and credit […]

Read More
23 Oct

Four-Month Home Sales Gain Ends in September

General

Posted by: Karen Lagore

Great article from our own Economist…..important read, please check it out Four-Month Home Sales Gain Ends in September Canadian home sales declined for the first time in five months led downward by weakening activity in Vancouver and Toronto. Statistics released today by The Canadian Real Estate Association (CREA) show national home sales fell by 0.4% […]

Read More