Profile cover photo
Profile photo
Dominion Mortgage Pros Alberta Mortgage Brokers
49 followers -
Dominion Mortgage Pros – Alberta’s trusted mortgage broker. With an A+ BBB rating and ranking in the CMP Top 75 Brokers, great service and great rates.
Dominion Mortgage Pros – Alberta’s trusted mortgage broker. With an A+ BBB rating and ranking in the CMP Top 75 Brokers, great service and great rates.

49 followers
About
Posts

Post has attachment
Great article to help calm those scared about buying a house! If you have any other questions or myths and would like them answered then call us today at (780) 452-9101
Add a comment...

Post has attachment
I guess the saying is true...nothing is free these days
Add a comment...

Post has attachment

Post has attachment
The #DLCNHL Hockey Pool is back! Sign up today before the season starts and you'll be eligible for great prizes!
Add a comment...

Post has attachment
Tune in to TSN 1260 & 100.3 The Bear for our newest commercials!
Photo
Add a comment...

Post has attachment
Why do I have to take a five year term or higher? (benchmark issues)

Due to change in mortgage legislation, it is now required that any client qualifying for a product other than a 5 year fixed rate must be able to carry the mortgage at the benchmark rate in the event of a rate rise.   This is to ensure a client that qualifies for a low 1 year rate right now, can afford the mortgage if rates were to rise at renewal.  The 5 year fixed can be used at the discounted rate because of the pay down to principal at time of renewal being lower and allowing payment to be similar even with a higher rate on a lower balance.
Photo
Add a comment...

Post has attachment
Consider us your personal banker, but with over 30 lenders competing for your mortgage business. No cost and all the options. Sound good, eh?! It's no wonder we're Canada's choice for mortgage rates. How about rates starting at 2.45% to top it off? Call us at 1-866-890-5227 to get started!
Photo
Add a comment...

Is the 2.99% BMO rate announcement a good mortgage offer? They have done this in the past and the low rate comes with restrictions on the mortgage itself. That being said, there are other lenders currently offering the 2.99% rate with full options.. so this is old news to brokers on the rate front. The BMO offer has 10/10 pre-payment options and a high I.R.D. penalty calculation if you payout your mortgage early. If you're chasing rate and no frill, then consider some broker channel lenders offering 2.89% on 5 year fixed rates right now (conditions apply as well). Or keep the door open and get a 2.99% rate with all the bells and whistles.

Feel free to give us a call to discuss mortgage products and best market options for your situation.

Tel:780-452-9101

by:Narish Maharaj
Add a comment...

Post has attachment
Is Insurance Mandatory?

As a broker we have a third party backed by Manulife Financial that provides life and disability insurance to clients who elect this coverage.  It is not mandatory, however, it is highly recommended that our clients have some form of work, independent insurance, or mortgage life coverage.
Photo
Add a comment...

Post has attachment
Why does the lender need 90 days of my bank statements?
....I dont want to show them how I spend my money..

The lender is following the Anti-Money Laundering guidelines that are set out by the Federal Government. Any funds that have not been in an account for 90 days require their source of origin established.   The lender is not looking to see where you spend your money, they are focused on the deposits.
Photo
Add a comment...
Wait while more posts are being loaded