GLM Mortgage Group | Dominion Lending Centres is thrilled to announce that Geoff Lee has been selected by Canadian Mortgage Professional as one of Canada’s Top 75 Mortgage Brokers. In addition to being a Top 75 Mortgage Broker in Canada GLM Mortgage Group | Dominion Lending Centres has many recent accomplishments: Finalist for Best Customer Service in
admin2021-03-02T18:07:30+00:00February 26th, 2021|Uncategorized|Comments Off on When it comes to getting pre-approved for a mortgage and “Locking” in a rate, we have a clear process in place to help you do so.
How it works: We start with a pre-approval where a mortgage application is done, and documentation is requested to confirm details within the application to best prepare for an accepted offer. Once you complete the pre-approval process, we can then determine your max purchase price, and even submit your file to secure a rate hold for you
One of the most common questions we are asked when going through the pre-approval process: Will this hurt my credit score? It’s a fair question. The reason many people ask if a pre-approval will hurt their credit score is due to the fact that typically a hard credit check, may slightly negatively impact your credit score.
Hello folks! Today we are delivering you our Fast Five for this month--the top 5 things happening in the mortgage world right now that you need to know about. Let's dive in, shall we? 1. Record Setting Month in Real Estate Both August and September were record setting months for Real Estate. You can learn more about
Did you know that 6 out of 10 consumers break their mortgage within 3 years into a 5-year term? That means that 6/10 of borrowers will break a 5-year term mortgage well before it’s due…but do you also know what the implications are of this? With the increase of individuals breaking their mortgage due to the low
Let's talk about the state of the rate! In order to find out how the current Stress test rate impacts you, first you need to determine if you're an insured or uninsured borrower. Option one: Do you have less than 20% down? Securing an insured mortgage, otherwise known as a high ratio or insurable