Many people suffer from post New Year’s hangovers as their holiday spending account statements begin to arrive in their mail/inbox. This year, start the year off with a plan to minimize your monthly expense and your interest carrying costs by conducting a no-cost, no obligation financial check-up with your Dominion Lending Centres Mortgage Professional. As […]

Down Payment Changes: February 14/16 will be the last day that applications will be accepted before the new down payment changes come into effect. If you’re planning on buying a home for $500,000 or more, don’t wait to get your financing in order. If you have questions about this, contact me today for more details. […]

Effective February 15, 2016, Canada will have new down payment requirements for purchasing residential homes.  For properties selling between $500,000 and $1 million, people getting an insured mortgage will now need to put more down—up to an additional 2.5% of the purchase price. In other words, 5% down will be required on the first $500,000, […]

The Ontario Ministry of Municipal Affairs & Housing is seriously considering extending the Land Transfer Tax to municipalities.  This would mean a double land transfer tax on the purchase of a property. This was implemented in Toronto in 2008.  It works out to an extra $10000-15000 on a home priced about $450000. If the Liberals […]

Are you a dentist who is looking to do upgrades to your commercial real estate? I have aligned myself with key lender partners who can provide up to 100% loan to value financing (upon approval of course). Or perhaps you don’t yet own your own commercial property but aspire to. Loan to values of up […]

You’re thinking of refinancing your home and your banker tells you about their awesome cash back mortgage that you can qualify for.  You know you’ll get a higher rate with this mortgage, but you figure the trade-off is worth it.  And sometimes it is, but you MUST read the conditions associated with the cash back. […]

Second mortgages can be very useful for a few reasons.  If you need to take some equity out of your property (commercial or residential) but

A growing number of long-range economic forecasts suggest we are heading for a new economic normal; slower economic growth and persistently lower interest rates.  The

If you owe CRA a significant amount of money due to a re-assessment & have no way to pay it, you may have options.  Any

A couple of weeks ago the Office of the Superintendent of Financial Institutions (OSFI) announced its complete B-21 guidelines for underwriting insured mortgages (less than

  I recently did a mortgage for a client who had good credit but limited income.  He had gone to his bank to refinance his

Are you finding that you are drowning in monthly payments to your creditors, with no hope in sight?  If the only option to you seems

Are you looking for financing for projects in the US?  I have access to funds for the following projects: Real Estate Gold Oil/Energy Manufacturing Hotels/Resorts

Are you in need of a spring financial tune-up from the holiday bills that still aren’t paid off?  I can help you to kick start

Capital is the foundation of every business. The business owner needs to have enough funds to run his business smoothly. And, as we know, business

One main reason for getting a commercial equity mortgage loan is to obtain a line of credit. A line of credit is an amount of