How does it all work?

  1. We start by having a no obligation phone consultation where we answer your questions and provide potential solutions.
  2. Fill out our online application form
  3. Email us this authorization form
  4. Ensure you have all the documents. You can find documents required on the document page.
  5. We discuss your options, possible solutions / lenders.
  6. Get commitment and follow through with closing.

We work with many lenders and will search hundreds of lending products to find the best possible mortgage tailored to you.

Since we have built strong and trusting partnerships with so many lenders we ensure your mortgage will be handled personally by our own underwriting team. Our advice is unbiased, focusing on servicing your needs and getting you the lowest rates for your mortgage, credit cards and equipment leases. We work with the major private lenders. With the exception of private and alternative lending, our services cost nothing to you because we are paid by the lending institutions.

We show you all the hidden costs in your contract, including the hidden penalties that you may not be aware of that the banks will NOT tell you about!

We work with banks, trust companies and credit unions to find you the right real estate financing at the LOWEST RATE period. And best of all you don’t pay for our service. Getting your home loan from anywhere else? You’re probably paying too much. Find out why Margie Witko at Dominion Lending Centres is Canada’s #1 Lender. With access to the top lending institutions, including BIG BANKS, CREDIT UNIONS and TRUST COMPANIES, our licensed team of mortgage broker milton professionals is familiar with a vast array of available real estate lending products – ranging from first time home buyer programs to financing for the self-employed to financing for those with credit blemishes. As professionals we shop over 20 different banks, credit unions, and trust companies to meet your financing needs. We will find the best possible  solution tailored to you. Typically a mortgage broker doesn’t charge for placing your home loan with a lender unless the it’s is a private deal and is placed with a private lender.

We are Dominion Lending Centres Canada’s Largest Mortgage Broker Network

Dominion Lending Centres Has Been Featured In:


 Getting a mortgage pre-approved today is more important than ever especially in today’s hostile real estate market.

 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.

When most homes sell over asking, having a pre-approval in place will help you determine your maximum purchase price. It will not however guarantee that financing is actually one hundred percent in place. Here’s why. You may be pre-approved for a certain mortgage amount, however there are still a number of variables not finalized after an offer is accepted. Your lender must review all documents pertaining to the home purchase – not just your documents such as employment letters or credit reports, but documents like the appraisal’s report along with the Purchase and Sale Agreements. Without details about the actual property, a lender can not guarantee funding the mortgage. It’s important to include a financing clause in purchase offer along the lines of ‘subject to receiving and approving financing’. Sometimes buyers are reluctant to write the initial offer on a property without feeling like they are 100% pre-approved. It’s understandable and the risk is that some home buyers may falsely believe that they have a guarantee of financing. They actually don’t. Even a commitment letter from the bank will include conditions that must be met. If any  conditions are not met at time of funding the deal will not close. The pre-approval process should be considered a pre-screening – a first step only. It does involve review and analysis of  client’s current credit report; it should also include a list of all documents that will be required in the event that an offer is written and accepted. You should also come away from this initial process with a clear understanding of  maximum mortgage amount you qualify for and the related costs involved in closing the home purchase. Equally important: with the completed application, your broker is able to lock in rates for up to 120 days. Why won’t a lender fully review and underwrite your pre-approval? Lenders do not have the staff resources to review ‘potential’ applications – they have a hard enough time keeping up with ‘live’ transactions. If more than four weeks pass, all of your documents may be out of date according to lender requirements – and a fresh batch needs to be ordered and whole thing reviewed again. The typical conversion rate of all pre-approvals to closed mortgages is less than 10%. It is this last point that makes it so difficult to get an underwriter to completely review a pre-approval application as a special exception. The bottom line is that a client’s best bet for confidence is the educated and experienced opinion of front-line individual with whom they are directly speaking – and that’s their Mortgage Broker. This individual will not be the same person who underwrites and formally approves the live transaction when the time comes. This disconnect between intake of application and actual underwriting of a live file makes having a ‘subject to receiving and approving financing’ clause in purchase sale agreement extremely important. Perhaps the most significant factor in undermining the solidity of a client’s preapproval is the changing landscape of lending guidelines implemented not only by the Federal Government but also by the lenders themselves. It is very easy to have a pre-approval for a certain mortgage amount rendered meaningless just a few days later because of changes to internal underwriting at lenders. Often these changes arrive with no warning and existing pre-approvals are no longer valid. It is absolutely worthwhile going through the pre-approval process before writing offers, and in particular before listing your current property for sale or accepting offers. This will give you a good idea of your maximum mortgage amount as well as securing a rate for you. Just be aware that aside from the key advantage of catching small issues early and securing rates, a pre-approval is not a 100% guarantee of financing.

Debt Consolidation Refinancing

Here’s an example of how taking a debt load off your monthly payments and moving that debt into a first mortgage (or adding a second mortgage) can save you thousands and help you pay the debt off in full. Savings of $1,416 every month! That’s $16,992 of extra money you will have at the end of one year.

Current Mortgage

Home Value $450,000

Current Interest Rate 3.2%

$250,000 Current Mortgage – Monthly $1208

$33,000 Car Loan – Payment $745/month

$28,000 Credit Cards 19% int. $840/month

Total $2,793/month 

What is a Debt Consolidation Mortgage?

If you

  • always have credit card balances they are costing you an average interest rate of 19% with no strategy to pay-in-full. A mortgage costs you an average interest of 2.5% and has a strategy to pay-in-full.
  • owe a significant amount to CRA it is costing you an average interest of 5%. A mortgage costs you an average interest of 2.5%
  • have a home equity line of credit and have used it to renovate your home and are carrying a significant balance, it may be time to move it to a mortgage because with a home equity line of credit you are required to pay only the interest and that’s what most people pay, which never pays down any actual balance owing. By putting it into a mortgage you will be able to pay it off in time and lower your monthly payments.

Self-Employed Mortgages … Business for Self Mortgages. We can get you into the home of your dreams even if self employed.

One of the many advantages of being self-employed is the ability to write off personal expenses. This lowers your tax rate and ultimately the amount of tax you pay. The challenge is that qualifying for a mortgage becomes difficult. There are many ways to demonstrate income to lenders and there are many lenders willing to work with self-employed individuals through a mortgage agent / mortgage broker Milton.

Self-employed? You may have already gone through the frustration of getting a mortgage at the major banks. Did you know that there are numerous financial institutions in Canada that have special mortgage programs for self employed individuals? We work with lending institutions that understand your situation and can provide you with the mortgage you need at great rates. Depending on your tax returns and credit score we can find you a suitable lender and get you into the home you dream of while getting you a great rate based on your financial profile.

Even if you show no income, we can find you a mortgage with a good interest rate without going to a private lender.

Have a phone conversation with Margie and she will expla the programs and options available to you at no cost to you. Call today 416-616-1853

As a self-employed individual, applying for a residential mortgage for your home can be a challenging experience. Previously, qualifying for a mortgage when self-employed was approved based on your credit score, your self-declared stated income, and with a 20% downpayment. Today the conditions of self-employed mortgages have changed. After 2012, the big banks are required to examine income more closely. In 2012, the borrowing ratio had been reduced to 65% of the value. This means higher down payments on self-employed mortgages. Less than 35% downpayment? You may require mortgage insurance from insurers like CMHC. The banks may also require financial statements, notice of assessments, and may request deposit slips showing income deposited into your business account. Not every lender has such strict guidelines however. Many mortgage lending institutions are still providing the 80% loan to value, accepting a 20% downpayment for self-employed mortgages without mortgage insurance and allowing self-declared self-stated income. For obtaining self-employed mortgages it is extremely beneficial to work with a mortgage agent. Most mortgage agents are able to provide pro-bono mortgage advice and can help you prepare yourself to obtain self-employed mortgages by preparing you for the right financial shape, well ahead of time. They can evaluate the whole picture and anticipate what documentation will be required. They will provide you with information on what type of mortgages you may be qualified for by providing you with a pre-approval. Contact us for Mortgage broker Milton services for your purchase, refinance, renewal, featuring first time home buyers, self-employed and debt consolidation lending programs.

How to Use Home Equity to Your Advantage

Canadians purchase homes for a variety of reasons. Some desire the stability of owning their own home while others also look at home ownership as an investment vehicle. No matter what the reason, home ownership is a proven stable investment over time, and one which many Canadians are profiting from.

While many people have chosen to purchase their first home during these times of lower interest rates, there has also been a large  movement to refinance home loans for home improvements, investments, college expenses and even to consolidate high interest debt from credit cards and personal loans. Canadians have been borrowing against their homes equity in record numbers taking out billions of dollars  in cash each year. In years past many saw their homes as a shelter of safety, yet today more are willing to borrow against the equity of their  homes to further their investment portfolios, get out of debt, send their children to university, make improvements to their home or even boost their RRSP contributions. Where home equity was once sat, today it is something to be tapped out and used to one’s advantage. While tapping the equity in your home can be a good idea you should do so with a proper understanding of possible consequences. The best thing you can do is consult a licensed mortgage professional and financial planner to discuss opportunities to make your home’s equity work for you.


First time home buyers mortgage advantage, using your RRSP for downpayment example:

Mortgage broker Milton services for purchase, refinance, renewal, featuring first time home buyers, self-employed and debt consolidation lending programs.

Your First Home

5% Downpayment Mortgage

Home Value $450,000

Funds Required $22,500

The purchase of a home is the largest purchase most people make during their lifetime. I want to make sure you are aware of many mortgage options available to you prior to your purchase and closing date. Your home-buying experience will be stress-free and you won’t experience a pile of hidden costs because i will provide you the necessary closing cost information. What could be easier than this? You may want to schedule a complementary meeting with me to learn about all the mortgage options available to you as first time home  buyers and receive a free first time home buyers package, a much needed resource when buying your first home.

Get the first time home buyers package today and schedule your appointment. Getting a pre-approval so that you can shop for your new home realistically and without disappointment is the first step for first time home buyers. With the new downpayment and qualifying rules implemented in October 2016, buying your first home has become more challenging. The two challenges first time home buyers face is coming up with the downpayment and qualifying at a rate higher than your actual mortgage rate. Since a mortgage broker deals with many financial institutions and not just one, we are in the best position to find you the mortgage you need and we can offer you unbiased financial advice that you just can’t get form a bank. Whether you are employment by a company, self employed or a new immigrant to Canada we have a first time home buyers mortgage program for you.

Lenders I can help you evaluate for mortgage broker milton products include TD Bank rates, Scotiabank, First National, BMO, PC Financial, B2B Bank, Street Capital Bank, First national, RMG, Optimum, Meridian Credit Union, ICICI Bank, Equitable Trust, Italian Credit Union, MCAP, Merix, Lendwise, CMLS Financial, Bridgewater Bank, Home Trust, First Ontario, Fisgard, Canadian Financial Corp, First Ontario Credit Union, CMHC, Canada Guaranty, Genworth Canada and more. The Canada interest rate has been the lowest in history. Interest rates Canada continue to stay low and empower first time home buyers. The Bank of Canada interest rate updates can be found on the BOC website. The GTA mortgage rates are extremely competitive helping Ontario residents finance their homes with low mortgage rates. I can beat the rates from these mortgage broker milton lenders: Please contact me to obtain the latest: ratespy mortgage rates, pc mortgage rates Milton, pc financial mortgage rates Milton, scotiabank mortgage rates Milton, cibc mortgage rates Milton, bmo mortgage rates Milton, tangerine mortgage rates Milton, TD Mortgage rates Milton and many more lenders that we can source for you.