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The latest thoughts and insights from Geoff Lee and GLM Mortgage Group | Dominion Lending Centres
VIDEO INTERVIEW: Now is the time to invest in Real Estate!!
We sat down with Real Estate Investment Expert, Mike Ponte, of Prosperity Investments, to find out why NOW is the time to invest in Real Estate. Click to watch the full video below, or read the transcript below to find out just what he had to say about Real Estate...
How to Get a Mortgage After Bankruptcy
Bankruptcy is always the last resort-and it’s never easy or comfortable. However, sometimes it is the only option to turn to when life throws you something unexpected. The lasting impression it can have on one’s financial profile though can be overwhelming. We...
Everything you Need to know about Reverse Mortgages
Wouldn’t it be wonderful to be able to have money to do more of the things you love? To be able to have the freedom to pursue things you truly enjoy, especially in your Golden Years? Enter in a CHIP Reverse Mortgage! A Reverse mortgage is a simple and sensible way to...
Home Financing for your Second Home.
Summer. Possibly one of the best seasons of the year. It brings memories of days spent by the lake, lazy afternoons, and for many, family vacations to the cabin or cottage. Maybe you have been thinking about purchasing a little getaway for your family to enjoy during...
Understanding how Bridge Financing Works
Sometimes in life, things don’t always go as planned. This could not be truer than in the world of Real Estate. For instance, let’s say that you have just sold your home and purchased a new home. The thought was to use the proceeds of the sale of your house as the...
How to Shop for a Mortgage
For many people, a home will be the largest purchase of their life. It stands to reason then, that when you are shopping around for your mortgage you will want to take certain steps to ensure you are getting the sharpest rate and best product. We have a few pointers...
Raising Of The Rates: What Would Happen?
There has been buzz lately about the rising of interest rates and what that could mean for Canadians. The media can tend to pump up these mortgage rate increases as though it were the appending apocalypse, touting headlines saying Canadians are headed in to mass debt,...
How Rates Work
Fixed or Variable rates? Which one is right for me? There are many factors to consider and it isn’t a simple question to answer. Our clients need to understand how they work-and we are going to show you! First, let’s start with the basics. Fixed vs....
What The Banks Don’t Want You To Know About Mortgage Brokers
We thought it was time to set the record straight on a few things. We have heard from our friends (and yes they really are our friends!) at the bank, that perhaps there are more misconceptions then we thought about Mortgage Brokers. Well today is the day we clear...
How Refinancing Changes your Credit
The need to refinance your mortgage can be for many reasons. Whichever the reason you are refinancing there are a few things to consider. One of the top questions we are asked as a Mortgage Broker is “will refinancing change my credit?”. The answer to this...
How to Invest in Canadian Real Estate From Abroad
Just because you are a Canadian citizen living abroad doesn’t mean that you are exempt from the rules for foreigners buying real estate in Canada. Foreign ownership applies if: You don’t reside in Canada for more than 6 months a year (even if...
How Mortgage Rates Work
Ever wonder how mortgage rates work? What factors make it jump from percentage to percentage? We are getting down to the nitty-gritty today and giving you the facts on what impacts mortgage rates! What affects a Mortgage Rate? There are 10 factors...
The State of Real Estate In Vancouver
Real Estate In Vancouver Vancouver’s Red Hot Real Estate Market has become a news sensation. It’s in the headlines. It’s on TV. It’s in every other social media post you scroll through in your feed. But the question remains—what is actually happening in the market?...
How Does Rent To Own Work In Canada
Rent To Own contracts are more than just paying rent to the Landlord and applying the rent toward the purchase of the property. We are going to walk you through the steps that are involved in a Rent To Own (RTO) contract. Starting off with what is it, how it works,...
The Pros and Cons of Filing your Own Taxes
Tax Season is upon us and the deadline to file is fast approaching. For many, tax season can be a time of high stress- especially for those who are self-employed. Although we are not an accounting service, when we are working on building a file for a mortgage a...
How to Properly Calculate your Mortgage
Calling all house hunters! We have a question for you—have you calculated what your mortgage will be? It is all too common for buyers to start house hunting before they truly know what their mortgage payment will work out to each month. This leads to homeowners...
Imani Home of Love Recap | by Geoff Lee
I sit in my office and try to reflect on our 19 days spent in Kenya, East Africa Many of you do not know that my wife and I have a children’s home in Kenya that supports north of 80 orphaned children and their everyday needs. To see a full list of what we...
Meet Geoff Lee, Founder of GLM Mortgage Group
At GLM Mortgage, we pride ourselves on offering exceptional customer service to each of our clients. We truly dedicate ourselves to learning about you and what product will set you up for success not just for today, but for the future. Through the...