7 Steps To Buying a Home

Down Payment & Buying DAZADA DIAMOND 27 Jun

7 Steps To Buying a Home It’s important to understand the home buying process, so here’s a 7-step checklist. Step 1: Down Payment The hardest part to buying a home is saving the down payment (a gift from the Bank of Mom & Dad also works). • For purchases under $500,000 minimum down payment is […]

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How a side hustle can change your home-buying outlook

Down Payment & Buying DAZADA DIAMOND 26 Jun

How a side hustle can change your home-buying outlook So you want to buy a house, but you’re short on the downpayment. Have you ever considered getting into some sort of “side hustle.” The term side hustle describes something you do to make extra cash outside your full-time job. Anyone can make a hundred bucks […]

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We’re not just a mortgage company

General DAZADA DIAMOND 25 Jun

We’re not just a mortgage company Well, it finally happened. I was meeting with a financial advisor today and they looked at my business card and asked “Why does it say Dominion Lending Centres and not Dominion Mortgage Company?” I have been waiting 7 years to hear this question. I had an answer all ready […]

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A bank that may not be familiar to you

Banks & Bank of Canada DAZADA DIAMOND 25 Jun

A bank that may not be familiar to you Quiz time! Who is the largest non-bank mortgage originator in Canada with over $100 billion dollars in mortgages under administration? Answer – First National Financial Corporation. If you’ve never heard of them before, don’t feel bad. The only way to get a First National mortgage is […]

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Mortgage Broker History and Mortgage Applications

Banks & Bank of Canada DAZADA DIAMOND 20 Jun

Mortgage Broker History and Mortgage Applications In the past, we had banks (bank as a catch all for credit unions and trust companies) and Mortgage Brokers. Writing mortgage applications is extremely difficult; there are a lot of moving parts in a mortgage. Because of this, banks employ mortgage specialists whose sole role is to provide […]

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4 Home Improvements that will pay you back

General DAZADA DIAMOND 19 Jun

4 Home Improvements that will pay you back Some home improvements provide more of a payback when you sell the house down the road. Here’s a list of the four home improvements which will provide the biggest payback when you sell.  Adding square footage – while this can be a very expensive project, adding to […]

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Interest rate cut more likely than hike in 2019

Latest News & Economy DAZADA DIAMOND 18 Jun

Interest rate cut more likely than hike in 2019 When the Bank of Canada decided this month to keep its benchmark interest rates stable at 1.75%, it signalled the weakening economy makes it unlikely a rate increase is anywhere on the horizon. Inflation is not where it should be, we’re not in a deflation mode […]

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