Jerry Liu - Dominion Lending Centres

Happy 2020 Everyone! In this Month's Newsletter, I'll show you:
1) Various Methods to Improving your Financial Future
2) How to Jack Up/Maintain your Credit Score
3) 10 Easy Ways to Winter-Proof your Home

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Need a quick quote or have any questions on home purchases,
mortgage renewals, refinances, 2nd and/or 3rd mortgages,
reach out to me today and let's have a chat!

Email: [email protected] 📧
Website: http://jerryliumortgagesolutions.ca/ 🌐

Dominion Lending Centres Inc. January 2020 Newsletter This month’s edition looks at improving your financial future, credit score and tips on saving heating costs this winter!

If you think borrowing money or dusting off stacks of cash 💰 you stored under your mattress can be used towards a down payment for a home purchase, think again! Here are some key tips on how to properly use and verify down payment sources....

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Need a quick quote or have any questions on home purchases,
mortgage renewals, refinances, 2nd and/or 3rd mortgages,
reach out to me today and let's have a chat!

Email: [email protected] 📧
Website: http://jerryliumortgagesolutions.ca/ 🌐

How to Verify Your Down Payment When Buying a Home - Dominion Lending Centres Saving for a down payment is one of the biggest challenges facing people wanting to buy their first home. To fulfill the conditions of your mortgage approval, it’s all about what you can prove (hard to believe – but some people have lied in the past – horrors!). Documentation of down payment i...

It's one thing to have buyers remorse on small ticket items, BUT its another when your making one of the biggest purchases of your lives! Here's 5 Mistakes First Time Home Buyers need to avoid ⚠️⚠️⚠️

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Need a quick quote or have any questions on home purchases,
mortgage renewals, refinances, 2nd and/or 3rd mortgages,
reach out to me today and let's have a chat!
Email: [email protected] 📧
Website: http://jerryliumortgagesolutions.ca/ 🌐

5 Mistakes First Time Home Buyers Make - Dominion Lending Centres Buying a home might just be the biggest purchase of your life—it’s important to do your homework before jumping in! We have outlined the 5 mistakes First Time Home Buyers commonly make, and how you can avoid them and look like a Home Buying Champ. 1. Shopping Outside Your Budget It’s always an...

According to a recent Toronto Housing Market Report conducted by Zoocasa, average home prices in the GTA is $830K+😯. With those numbers, you can expect homes to be well above the 1 million mark in the next couple years. For those thinking of making an expensive purchase, you might have to dig a little deeper into your pockets, especially when most lenders apply a "Sliding Scale" rule to 1 million + properties. Read on to find out more...

Need a quick quote or have any questions on home purchases,
mortgage renewals, refinances, 2nd and/or 3rd mortgages,
reach out to me today and let's have a chat!
Email: [email protected] 📧
Website: http://jerryliumortgagesolutions.ca/ 🌐

Mortgages for Expensive Homes – Not as Easy as it Sounds - Dominion Lending Centres Large home purchases that require a mortgage present unique challenges in the Canadian Mortgage market. Sliding scales, director approval, multiple reviews, it all adds up to difficultly getting larger mortgages approved, unless you’re working with an experienced mortgage broker. In 2012 the gover...

With the recent changes in lending policies, its become more challenging for First Time Home Buyers to get into home ownership. Whether its lack of income or a weak credit profile, you can ask family members and/or friends to help you co-sign a mortgage loan. Although this may seem like a great solution to get an approval, here are 6 things all co-signors should consider....🤔🤔

6 Things all Co-signors should consider - Dominion Lending Centres Co-signing on a loan may seem like an easy way to help a loved one (child, family member, friend, etc. ) live out their dream of owning a home. In today’s market conditions, a co-signor can offer a solution to overcome the high market prices and stress testing measure. For example, if you have a R...

Owning and maintaining a home during retirement can be quite the financial burden, especially if you are living on a fixed income. With the cost of living on the rise year after year, its no surprise that many retired Canadians are downsizing to more affordable options.

What if I were to tell you that there is a way to tap into the equity of your home without making any monthly payments and KEEP your home. It's called a CHIP REVERSE MORTGAGE and its helped thousands of Canadians nation wide! To find out more, you can contact me at 647-741-0418 for a free consultation to see if CHIP is right for you. 🏠👴👵

Client Success Story: CHIP Reverse Mortgages - Dominion Lending Centres A retired couple on fixed pensions found themselves struggling to make ends meet each month. Both were in good health and wanted to maintain an active lifestyle. They had spent their working years paying off their mortgage and had little saved in their RRSPs. Now both in their 70s, they’re mortgag...

On September 2, 2019, the Government of Canada introduced the First Time Home Buyers Incentive Program. Its a shared equity mortgage, that allows first time home buyers to reduce mortgage payments without increasing their down payment. The Government will contribute 5% down payment towards resale homes and 5%/10% towards pre construction homes. If you want to find out more details about this program and how you can take advantage of this while it lasts (first come first serve, 3 year program), give me a shout at ***647-741-0418***

Getting an appraisal done? 7 TIPS ✔️ to improve the overall market value of your home

Need an Appraisal – 7½ Tips for Success - Dominion Lending Centres Do you need to get a current value of your property? Then you are going to need an appraisal. Banks and other lending institutions want to know the “current” market value of your home before they consider loaning money on the property. An appraiser checks the general condition of your home and c...

If you are a homeowner, learn how to JACK 💪 up your credit score in just 3 months!

Raise your credit score in 3 months - Dominion Lending Centres While people often think of mortgage brokers when they are first time home buyers, we can help people in a variety of different ways. Recently Garrett LaBarre of Calvert Home Mortgages in Calgary shared a success story with brokers. He had a client referred to him by a mortgage broker who had a conu...

Come Check Out This Month's August 2019 Newsletter 🌞⛱️ 👙

Topics for this Month's Mortgage News:
1) 4 costs to consider as a First-Time Homebuyer 🏠
2) Mortgage Default Rates in Canada 🏦
3) Homeowner Tips 🔨🧰

Cheers!

Dominion Lending Centres Inc. August 2019 Newsletter This month’s edition looks at 4 costs to consider as a first-time homebuyer and the mortgage default rate in Canada. I would love to hear back from you if you have any questions or feedback regarding anything outlined below.