The Real World of Real Estate

Ins and Outs of Residential Mortgages with Len Lane of Dominion Lending

July 25, 2021 Gerald Tostowaryk Season 2 Episode 16
The Real World of Real Estate
Ins and Outs of Residential Mortgages with Len Lane of Dominion Lending
Show Notes Chapter Markers

My guest Len Lane of Dominion Lending Centre Brokers for Life walks us through the complicated world of residential mortgage lending. We look at everything from qualifying to the different mortgage options available, the down payment options, government programs and much more. 
Learn all the right things to do and the things to avoid.

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Introduction
Down Payment Options
CMHC Fees
Qualifications for First Time Home Buyers Incentive Plan
RRSP Loans and Borrowing Down Payments
The Various Mortgage Options Available
Zero Down Payment Mortgages
A Brief Look at the Fort McMurray, Alberta Market
More on Different Mortgage Options
Buying a Property with a Secondary Suite
Second Home Mortgages and The Covid Move Out of the City
A Personal Insight Into My Guest
Mortgage Rate Trends and Options
Reverse Mortgages for Seniors
More on Variable vs Fixed Rate Mortgages
Payout Penalties
Mortgage Features and Options
Guaranteed Rates
Qualifying Do’s and Don’ts
Banks Providing Approval and then Withdrawing
Dealing With Poor Credit or Credit Issues

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