A Type Cottage

• Must Be 4 Season with year round access and permanent heat source

• NO PRE APPROVALS

• 95% Loan to value for purchase

• 80% Loan to value for Refinance

• Max Purchase Price 1M Insured

• Conventional No Limit Provided Within Sliding Scale

• No Stated Income

• Non Insured Requires Potability Testing

• Max Amortization 25yrs

• Min Beacon 650 insured

• Min Beacon 620 non insured

• All fixed and variable rates available

• Heloc (no AIO) Max 65% LTV Prime + 1.00% min beacon 670

B Type Cottage – seasonal access only

• Purchases Only No Refinances

• NO PRE APPROVALS

• Seasonal access, water access ok no permanent heat source must have septic and 3 piece bathroom

• Up To 90% LTV Purchase (Genworth) Insured

• Must Be Insured Regardless Of Loan To Value

• Max mortgage amount 350K Insured

• Conventional No Limit Provided Within Sliding Scale

• No Stated Income

• Max Amortization 25yrs

• Min Beacon 650

• Min Beacon 620 non insured

• All fixed and variable rates available

Best mortgage rates in Barrie, Mortgage Broker Barrie , home and cottage financing Dominion Lending Barrie visit www.darick.ca call 705 797 8811

What’s a normal house temperature?

CMHC randomly surveyed Canadian households. Thermostat settings in the winter tend to be quite closely grouped around 20°C – 21°C (68°F – 70°F). Summer temperatures range much more widely, depending upon whether the house has air conditioning.

Where should I set the thermostat?

The more you reduce the thermostat setting, the greater the possibility for savings. Generally, a drop of 2°C (3.6°F) will lead to some savings and little risk. Some householders reduce temperatures 4°C – 6°C (7°F – 11°F). But, temperature differences this large create potential comfort and moisture problems.

• We are Canada’s largest and fastest-growing mortgage brokerage!

• We have more than 2,200 Mortgage Professionals from more than 350 locations across the country!

• Our Mortgage Professionals are Experts in their field and many are ranked among the best nationally.

• We work for you, not the lenders, so your best interests will always be our number one priority.

• We have more than 100 mortgage programs, making it easy to choose the best fit for your unique situation.

• We close loans in all 10 provinces and 3 territories.

• We can process your mortgage in as few as 7 days.

• We are the preferred mortgage lender for several of Canada’s top companies.

• Dominion Lending Centres’ Mortgage Professionals are available anytime, anywhere, evenings and weekends – and we’ll even come to you!

Dominion Lending Barrie Ontario, Best mortgage rates, Best Mortgage Broker visit www.darick.ca or call 705 797 8811

How do I ensure my credit score enables me to qualify for the best possible rate?

There are several things you can do to ensure your credit remains in good standing. Following are five steps you can follow:

1) Pay down credit cards. This is the #1 way to increase your credit score. 2) Limit the use of credit cards. If there’s a balance at the end of the month, this affects your score – credit formulas don’t take into account the fact that you may have paid the balance off the next month. 3) Check credit limits. Ensure everything’s up to date as old bills that have been paid can come back to haunt you. 4) Keep old cards. Older credit is better credit. Use older cards periodically and then pay them off. 5) Don’t let mistakes build up.

Always dispute any mistakes or situations that may harm your score by making the credit bureau aware of each situation.

for the best mortgage rates, professional service, and convenient location call on www.darick.ca 7057978811