What Do You Need to Know?
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.
Now, more than ever, financial institutions are regularly launching new products and programs, making it easier to get into that new home sooner. Today, interest-only loans, self-employment programs, rental purchase programs, vacation property programs, and a host of other innovative financing alternatives are dotting the home purchase landscape, making homeownership a reality for more people than ever.
Whether you are a first-time buyer or an experienced buyer with excellent credit, Dominion Lending Centres have access to the very best products and rates available across Canada. Give us a call… we think you’ll be pleasantly surprised!
Should I Get Pre-Approved?
If you are looking for a new home, be sure you are pre-approved. It can make the whole process go along more smoothly.
Determining the Term
Choosing the mortgage term that is right for you can be a challenging proposition for even the savviest of home buyers.
What About My Credit?
As credit has become more and more abundant in our society, your credit report, and thus your credit rating, has become more important in your daily life.
Pay It Off Faster
Mortgages in Canada are generally amortized between a 25 and a 35-year term. It doesn't have to take anyone that long to pay it.
Fixed or Variable?
The decision to choose a fixed or variable rate is not always an easy one. Can you tolerate the risk and continue the payments?
While many Canadians take advantage of self-employment opportunities, those who are self-employed sometimes face roadblocks.