Rate Holds Explained
February 26, 2021
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Each Office Independently Owned & Operated
Whether you are a first-time buyer or an experienced buyer with excellent credit, Dominion Lending Centres has access to the very best products and rates available across Canada. Give us a call… we think you’ll be pleasantly surprised!
Get in TouchOur rates are always competitive and we pride ourselves on making sure that you get the best possible rate available to you. Check out our current rates below, compared to the competition.
Current variable mortgage rate is
1.39%
Current prime rate is
2.45%
Our Interactive Mortgage Calculators will allow you to explore your Mortgage options to make the right home financing decision.
Use NowApplying for a mortgage couldn’t be easier. Just complete our secure application and we will be in touch shortly.
Apply NowThere are generally two ways to get a mortgage in Canada: From a bank or from a licensed mortgage professional like Peter Kinch of Dominion Lending Centres Origin .
START WITH THE END IN MIND
Your house can be the biggest investment you make and your mortgage is often your single biggest expense. It’s important to look at this expense in the context of your entire Financial Plan. The first thing we’ll do is start with the end in mind. We’ll listen to learn more about your entire financial picture in order to truly determine the best mortgage product and structure that’s right for you. We look at where you are today, where you see yourself in 5, 10 or 15 years and then determine how best to structure your mortgage for today to ensure that you are positioned to accomplish your goals for the future. You need to work with a professional who understands what’s important to you.
MORE THAN JUST A RATE?
Yes, rate is important. But sometimes chasing the best rate can be the most expensive decision you make. The most important aspect of your mortgage is knowing that it is structured in the best way that suits your short and long-term needs and knowing that you are working with someone who understands those goals.
FINDING THE BEST LENDER
Once we determine the best structure for your mortgage that is consistent with your short and long-term goals, we begin to look for lenders who have products that complement those goals. Not every lender has the same products and not all products are structured the same.
ARE YOU A REAL ESTATE INVESTOR
Peter Kinch has 20 years of experience in working with mortgages and finance and is considered one of the foremost experts in real estate finance for investors. Peter pioneered the concept of looking at a mortgage from a ‘portfolio’ approach as opposed to simply a one-off transaction. In the process, he and his team have arranged over $1 Billion of mortgage financing over the past 15 years for residential and commercial real estate investors. More importantly, Peter’s ‘5 Year Action Plan™’, which walks you through a business-planning approach to buying real estate, is considered one of the best tools in the market for any real estate investor. Peter’s best-selling book, ‘The Canadian Real Estate Action Plan' will provide you all the insight and tools you’ll need to succeed as an investor.
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.
Peter Kinch’s 5 year planning workshop is one of the most worthwhile things my partner and I have ever done. The information he shares and the planning process itself are outstanding Great value, highly recommended. Thanks for helping us newbies get started
Kathee
The five year plan was a great learning experience for me and well worth my time. Peter was able to demonstrate the money and doors required to achieve your 5 year plan in a systematic format. I am still playing with the numbers and have a greater understanding of what I need to do to move forward. Thank you once again
Mary Ann, BC
We want to express our appreciation for you and your giving of your time to include us in your 5 year Goal planning workshop. The evening proved to be a most valuable one for us. We have been motivated by Don Campbell’s book Real Estate Investing in Canada and become Rein members, but the nuts and bolts and the “just how do you do it ” all came together for us last evening. We now clearly see the big picture and have come to understand just what it’s going to take for us to become successful real estate investors. Despite our limited financial resources and the obvious obstacles that will come our way, we came away from the evening telling each other WE CAN DO THIS. Thank you for challenging us to be realistic and look at our reality and then reminding us to stay true, to stay focused on that goal…the end result, the lifestyle choice that we have envisioned for ourselves and our family .Thank you so much.
Brian and Beverly, BC
Peter is amazing! His extensive experience and creative approach to mortgage financing has earned him many awards and accolades over the years, and yet he’s down to earth and easy to talk to one on one! Whether you’re a first time Buyer or a seasoned investor you’ll appreciate Peter’s guidance and knowledge!
Monet, Port Moody, BC
Just wanted to send a quick thank you note for all the great insights you provided last week. To be quite honest, I was a bit lost. But now that I have my 5 year action plan, I’m confident that I will succeed. Thank you for all your help!! You are a blessing.
Onkar, BC
February 26, 2021
February 26, 2021
February 26, 2021
Current variable mortgage rate is
1.39%
Current prime rate is
2.45%
Thanks for contacting us! We will get in touch with you shortly.
Thanks for contacting us! We will get in touch with you shortly.
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