Dominion Mortgage Pros
Moving to a new city is both exciting and daunting, especially when it comes to securing a home. For newcomers to Edmonton, we at Dominion Mortgage Pros understand that navigating the mortgage landscape can feel overwhelming at first. But fear not—we’re here to simplify it for you. Whether you’ve just landed in our vibrant city…
June
Understanding Mortgage Pre-Approval vs. Pre-Qualification: What Every Canadian Homebuyer Should Know
At Dominion Mortgage Pros, we often hear the terms “pre-approval” and “pre-qualification” tossed around a lot, especially among first-time homebuyers in Edmonton. If you’re looking to buy your first home or even considering refinancing your current mortgage, it’s essential to understand the difference between these two concepts. In today’s post, we’ll explain what you need…
June
In Edmonton, understanding the condo market can have a big impact on your mortgage choices. We at Dominion Mortgage Pros believe that your knowledge of local trends is essential, not just for potential homebuyers but also for those looking to refinance or upgrade their current living situation. As we dive into the intricacies of the…
June
Moving to a new city like Edmonton is an exciting adventure, filled with new opportunities and experiences. If you’re a newcomer and you’re considering purchasing your first home, understanding the mortgage process can seem daunting. But don’t worry! Here at Dominion Mortgage Pros, we’re here to guide you through that process. We’ll break down the…
June
Well, hello there! If you’re in Edmonton and looking at mortgages—whether for buying your first home, refinancing an existing loan, or just getting more informed—you’re in the right place. At Dominion Mortgage Pros, we believe that understanding mortgages shouldn’t be rocket science. Our goal is to equip you with the information you need to make…
June
When it comes to securing a mortgage in Edmonton, being self-employed can add a layer of complexity to the process. At Dominion Mortgage Pros, we understand that freelancers and business owners have unique financial situations that traditional income earners may not face. But don’t worry! With the right approach and knowledge, you can successfully navigate…
May
When it comes to buying a new home in Canada, one of the first hurdles we face is the down payment. Understanding the ins and outs of down payment rules can save us not just money but also some sleepless nights. At Dominion Mortgage Pros, we believe that knowledge is power, especially when it comes…
May
When it comes time to buy a new home, navigating the complexities of the mortgage world can feel overwhelming. We at Dominion Mortgage Pros understand this challenge, and we want to shed some light on a key decision you’ll need to make: whether to work with a mortgage broker or just go through your home…
May
When it comes to navigating the world of mortgages, staying informed is key, especially now that mortgage rates in Canada are on the move. At Dominion Mortgage Pros, we understand how important it is for home buyers in Edmonton to strategize effectively when making big financial decisions. Let’s break down some of the best strategies…
April
Buying a home is a big step, and at Dominion Mortgage Pros, we know it comes with lots of questions, especially about choosing between a fixed or variable rate mortgage. It’s essential that we understand the nuances of each option, as the choice can have a significant impact on your finances over time. So, what…
February
At Dominion Mortgage Pros, we know that making mortgage payments can feel like a marathon at times. For many homeowners in Edmonton, Alberta, navigating the path to paying down your mortgage faster or reducing those monthly payments can be an uphill battle. However, there are several smart strategies that can help you achieve your goals.…
February
When it comes to mortgages, we all know that renewals can be a bit like going to the dentist – necessary, but not exactly something we look forward to. However, unlike dental visits, which might leave us with a mouth full of novocaine, mortgage renewals can actually be a golden opportunity to enhance our financial…
January
Hey there, Edmonton homeowners and mortgage adventurers! Mortgage rates and the housing environment can sometimes feel like a game of chess. Just when you think you’ve figured it out, the game changes. But don’t worry—we’re Dominion Mortgage Pros, and we’re here to help you navigate the current landscape like the champs you know you are!…
January
Mortgages can be a confusing subject. Buying or selling a home is an emotional decision and can be very stressful. As a mortgage expert, I will take the confusion out of mortgages and make the process as smooth as possible. In Canada, there are two major categories that mortgages fall into, either closed or open.…
November
In Canada, there are many benefits to owning your own home, here’s our list of the top five: 1. Tax breaks. The Canadian government offers a variety of tax breaks and credits for homeowners that you can take advantage of. 2. Gains Generally, in Canada, we’ve seen steady growth in land and home values year…
November
We’ve got plenty of great finance tips on this site, but here’s five that you may not have thought of for your first home Start budgeting – To help get a handle on your expenses now, and perhaps weed out unnecessary expenses to help you reach your down payment or mortgage payment goals, you should build…
November
Take a minute and think about what your dream home would be look like. Now, take into consideration your pre-approval amount. Let’s face it; very few people can afford their dream home as their first. Chances are you’ll have to make some sacrifices, but before you start your search it’s very important to consider the…
November
It’s a simple fact, many homebuyers place offers on homes without knowing how much they will be approved for. Seems silly right? Finding your home before securing financing is a waste of time and money. By the time you do secure financing, you may find out that your home was out of your price range,…
November
There are generally two ways to get a mortgage in Canada: from a bank, or from a licensed mortgage professional. A bank will simply offer you a mortgage from their collection of products that best fits your needs. On the other hand, a licensed mortgage professional will search Canada’s largest banks, credit unions, and trust…
November
If you are looking for a new home, be sure you are pre-approved. With a mortgage pre-approval, a licensed mortgage professional can do a more complete verification prior to sending you shopping for a home, and with that done, the dollar figure you are going shopping with is actually what you can spend. The mortgage…
November
