There are generally two ways to get a mortgage in Canada: From a bank or from a licensed mortgage professional.
While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in mortgage business each year to Canada's largest banks, credit unions, trust companies, and financial institutions; offering their clients more choice, and access to hundreds of mortgage products! As a result, clients benefit from the trust, confidence, and security of knowing they are getting the best mortgage for their needs.
Whether you're purchasing a home for the first time, taking out equity from your home for investment or pleasure, or your current mortgage is simply up for renewal, it's important that you are making an educated buying decision with professional unbiased advice.
We dealt with Jeff for purchasing our first home. The experience has been phenomenal throughout the whole process. He has went above and beyond to make this happen for us as fast as possible. He has provided us with great and timely communication, quick easy responses to answer many, many questions, with an extremely accommodating schedule. He is extremely knowledgeable and dedicated to providing his clients with the most pleasurable service at a time that can be overwhelming and stressful. We are grateful to have had him assisting us each step of the way.
We had our first mortgage with Dominion Lending Centres – Mortgage Shop. Your first home purchase can be a confusing and intimidating process. There is a lot of information coming at you, plus you’re trying to find the best home. What should be a great experience of buying your new home can turn stressful pretty quickly. That’s why we trusted DLC to buy our first home and we’ve also refinanced using DLC, since our original purchase as well. They have an extensive knowledge of the real-estate industry, he is easy to talk to and very professional. Jeff and his team made our first mortgage really easy and explained each step of the process along the way. They were always available to answer questions that we might have had about different options that may have arisen. They ensured that we had the best rate available and took the stress out of each mortgage process. If you put your trust in hands of the great team at DLC Mortgage Shop for your next home purchase or refinance, I promise…you will not regret your decision and I assure you… not only will you get a great mortgage rate, you will make a new trusted friend for life.
I cannot say enough great things about Jeff. He helped us through the entire mortgage process, gave us realistic expectations, and had everything done by the expected closing date. He also factored in things we didn’t think of and saved us money in the process. If you are looking for a mortgage broker, he is who you want to see!!
Thanks again Jeff!!!
Dominion Lending Centres was wonderful to work with – they guided us along every step of the way and helped us obtain the mortgage that will allow us to buy the home we love. Their patience, when we hit a few obstacles, helped alleviate a lot of stress. It is obvious that they has a lot of knowledge of the current market as they helped us make the right choices going forward. And with the many questions we had, they always responded in a clear and timely manner. I would recommend Dominion Lending Centres to anyone who is planning on purchasing a home, whether it be a new one or refinancing a current mortgage. I believe they will be honest in helping any home buyer understand the process of undertaking a mortgage.
Absolutely the friendliest and were always there to answer any and all questions. Expectations exceeded what we thought and they went out of their way to accommodate us. Took care of all our needs. Would recommend to any and all to have them assist with finding the lowest rates as which they did for us. They really care and took care of me and my families needs like it was their own. Thanks so much To him and the staff at Dominion Lending Centres.
Current Rates
Current variable mortgage rate is
5.05%
Current prime rate is
5.95%
-
- Terms
- Bank Rates
- Payment Per $100k
- Our Rates
- Payment Per $100k
- Savings
-
- 6 Months
- 7.89%
- $756.21
- 7.49%
- $730.93
- $25.28
-
- 1 Year
- 7.74%
- $746.69
- 5.74%
- $624.43
- $122.25
-
- 2 Years
- 7.34%
- $721.53
- 5.44%
- $606.90
- $114.63
-
- 3 Years
- 6.94%
- $696.72
- 4.64%
- $561.28
- $135.43
-
- 4 Years
- 6.74%
- $684.44
- 4.64%
- $561.28
- $123.16
-
- 5 Years
- 6.79%
- $687.50
- 4.44%
- $550.14
- $137.36
-
- 7 Years
- 7.10%
- $706.60
- 5.40%
- $604.58
- $102.02
-
- 10 Years
- 7.25%
- $715.92
- 5.80%
- $627.97
- $87.95
Videos
DLC - Tips for Paying Your Mortgage Faster
DLC - Getting pre-approved
DLC - Fixed VS Variable Rates
Dominion Lending Centres- Why use a Mortgage Professional?