Canadian Mortgage Default Insurance, commonly known as mortgage insurance, is a type of insurance that protects lenders in the event that a borrower defaults on their mortgage payments. This insurance is typically required when a homebuyer has a down payment of less than 20% of the purchase price of the home. Here are some key […]

We understand that facing the possibility of mortgage foreclosure can be an incredibly challenging and emotional experience. Life throws unexpected challenges our way, and we want you to know that you’re not alone. At DLC Mainstream Mortgages, we believe in the power of compassion and support during difficult times. If you or someone you know […]

Whether you’re jetting off to ☀️ sunshine and warm sand, an international adventure 🌍, or a weekend getaway, before you go there are a few things you can do to protect your home while you’re away! 🏡✈️ Unplug all electronics and appliances: To reduce energy costs while you are traveling (and mitigate any risk of […]

In a cozy new home, ‘neath twinkling lights so bright, A family dreams on this silent, festive night. 🏡✨ Snowflakes dance, a winter’s tale they weave, As the joy of their mortgage and holiday magic interleave. ❄️✨   The fireplace whispers tales of hearth and loan, A mortgage journey, a safe haven sweetly grown. 🔥🏠 […]

🏡 Unlock the Door to Your New Home for the Holidays with DLC Mainstream Mortgages! 🎁 Are you dreaming of decking the halls in your very own home this holiday season? At DLC Mainstream Mortgages, we understand the magic of finding your perfect space, especially during this festive time of year. The good news? It’s […]

If you’re in the market for a new home, one of the best things to do is visit open houses!   You will be able to see what you like, check out different neighbourhoods, and interview REALTORS if you haven’t hired one yet! To qualify for your mortgage please contact us directly or download our app […]

November 17, 2023 Updated New To Canada Policy https://peterpaley.com/new-canada-mortgage-programs/ One of my favourite things in the mortgage industry is when our policies finally start to get it right. There have been quite a few enhancements for New Canadians and many New-To-Canada policies. Canada is planning to welcome 465,000 newcomers in 2023, 485,000 in 2024, and […]

November is Financial Literacy Month and we have the tips to ensure your financial game is on point this Fall as we head into the New Year! Nail Down Your Budget Understanding the basics of budgeting and tracking your income versus spending is a fundamental part of financial literacy and control. Building a budget can […]

To err is human, to have your mortgage funded divine 🙌 The mortgage landscape has changed dramatically over the last 15 years, in particular, more rules, more policies, more guidelines, more programs to counteract the bad policies, a rate for every type of application, property restrictions, more property defects, the list goes on.   It is […]

MAINSTREAM MORTGAGES TERMINOLOGY DICTIONARY 🏠 Term: Noun Definition: The period for which a mortgage agreement is in force. Common terms include 1-5, 7 & 10 years. Amortization: Noun Definition: The process of paying off a loan through regular payments over time. In a mortgage, this includes both principal and interest. Down Payment: Noun Definition: An […]