DLC Lighthouse Mortgage Corp.
951 Canada Ave Suite F V9L 1V2 Duncan, BC, Canada

Spring Cleaning Tips Spring cleaning allows us to start the season off on a fresh, clean note. Create a Playlist Everything is more fun with a great playlist! Not only is music great therapy but it can make the cleaning process go by quicker and make it more enjoyable. Clean One Room at a Time, Declutter as You Go and don’t forget the Fridge & Freezer. Clean Air Reduces Allergies: Replacing furnace and HVAC filters is one of the most overlooked parts of Spring cleaning. Going as far as replacing your standard filter with a more robust one with a higher rating will help keep you even healthier this year as they catch smaller particles to ensure your home is void of allergen triggers, chemicals and even odours #cowichanvalley #dominionlendingcentres #dlclighthousemortgage #springcleaning #tips

The more you feed your mind with positive thoughts, the more you can attract great things into your life #dominionlendingcentres #cowichanvalley #dlclighthousemortgage #mindsetmonday

Life is precious. Live your life so that they see the real you. Remember: It Is The Life In Your Years #dlclighthousemortgage #cowichanvalley #mondaymindset #dominionlendingcentres

Happy St. Patties #dlclighthousemortgage #dominionlendingcentres #cowichanvalley #stpattysday

‘The only chance that we have of achieving our dreams is to take a risk’ #mindsetmonday #cowichanvalley #dlclighthousemortgage #dominionlendingcentres

By volunteering your time, hard earned money, or energy to help others doesn’t just make the world betterit also makes you better #bekind #volunteer #dlclighthousemortgage #cowichanvalley #dominionlendingcentres #mindsetmonday

New Listing 3326 Hawkes Blvd Duncan, BC https://3326hawkesblvd.seeit.info/mobile/listing.aspx

Selling Your Home in the Winter While you might think selling your home in winter is harder, with the right considerations it doesn’t have to be! When selling your home during warmer months, the focus is typically on curb appeal and gardening, as well as having bright colors and patterns to draw out different rooms. While curb appeal should not be forgotten in winter months, the focus should be centered on creating a warm, comfortable and welcoming space. Below are some ti...ps on how to do this: Curb Appeal: If you live in an area that receives high amounts of snow, be diligent about keeping your sidewalk and driveways clear for visitors, and to keep your home looking clean for the viewing. Always make sure to sweep any fallen leaves or debris. Keep it Cozy: Ensuring your home is sufficiently heated during showings will also go a long way to making it feel more comfortable; a steady 68 to 70 degrees Fahrenheit during showings is ideal. Light and Inviting: With days being shorter and darker during winter, ensuring your home is well-lit and inviting can make a big difference. In some cases, you may consider repainting the walls before listing your property. Declutter: When selling, it is important to declutter your home so that it looks its best and gives room for people to imagine their own belongings in your space. Define Property Boundaries: If you are showing your home in the middle of snow season, be sure to mark the four corners of your property so that potential buyers can see exactly what they are getting. While there is some extra work with selling your home in the winter due to the weather conditions, it can pay off! Buyers tend to be highly motivated and often there is less competition for sales during this time giving more focus to your home #winter #sellingyourhome #dlclighthousemortgage #cowichanvalley #duncanbc #sellinghomes

The quality of your thoughts affects the decision that you make and your decisions determine the quality of your life #mindset #dominionlendingcentres #dlclighthousemortgage

Benefits of a Mortgage Broker In a world with an abundance of options, it can be hard to know which way to turn to ensure that you make the best decision for your future. Fortunately, that’s where I come in. As your dedicated mortgage professional, I have access to 90+ lending institutions and a vast array of available mortgage products. Whether you are a first-time home buyer, up for renewal, looking to refinance or want to discuss reverse mortgages or other options, I c...an help. As a one-stop-shop for your mortgage needs, I can not only save you time by shopping the market for you, but often I can save you money too. When it comes to mortgages, not all products are created equal. Fortunately, my access allows me to review all of your options and find you the best mortgage product terms and rate. Unlike a bank specialist, I am not tied to any single lender. This allows me to focus on helping YOU achieve your dream and provide you with unbiased advice and work with you to make the best decisions for your family, and your future. Helping you find your way home in the beautiful Cowichan Valley 250-748-9742 250-709-2888 #cowichan #dlclighthousemortgage #duncanbc #bankrates #buyingahome #dominionlendingcentres

Teaching Your Kids About Finances Did you know? According to a 2019 RBC Family Finances Poll, 9 out of 10 parents (96%) are financially supporting their children (ages 18-35 years). On average, this costs parents $5,623 per year! This is an added cost that many parents cannot afford. In fact, approximately 3 in 10 parents (32%) are seeing delayed retirement in order to help kids with post-secondary costs and are facing an inability or delayed response in paying off their ow...n debts. As much as parents want to help their kids, it should not be done at the jeopardy of your own future. In fact, when it comes to teaching your children about money, there is no better time to start than now! Financial independence is a critical skill for future success that your children will not learn anywhere else. Not only does financial literacy help your children have more success in life, but it allows them to move out sooner and it avoids delaying retirement! So, how do you teach your children about money? Review Your Attitude Towards Money, Give Your Children an Allowance, Teach Your Child to Save, Encourage Kids to Think Before They Buy and Involve Your Children in the Family Finances Remember, you are the best example to your children about money. Dont be afraid to share the ups and downs with them. Be patient with your kids, but dont give up! The best thing you can do as a parent is to promote financial security and independence #dlclighthousemortgage

Happy Labour Day Long Weekend #labourday #labourdayweekend #dominionlendingcentres #dlclighthousemortgage #cowichanvalley

OSFI Changes Rules for Mortgage Deferrals #dlclighthousemortgage

Have you heard? Getting your mortgage pre-approved will allow you to hold an interest rate for up to 120 days! This means getting the lowest rates available, even if they rise before you make your purchase. Learn more by calling us in the beautiful Cowichan Valley today 250-748-9742 250-709-2888 [email protected] #mortgagetips

Have you heard? Less than 20% down requires lenders default insurance. Its the law. CMHC, Genworth and Canada Guaranty are Canadian insurers. They protect the lender so YOU get a lower interest rate! Learn more by calling us in the beautiful Cowichan Valley today 250-748-9742 250-709-2888 [email protected] #mortgagetips #dlclighthousemortgage #mortgagebroker #dominionlendingcentres #mortgagerates #cowichan #duncanbc #rates

COVID-19 UPDATES & WHAT HOMEOWNERS NEED TO KNOW https://youtu.be/lR63UPS9lNs

Canadas mortgage stress test level falls for 3rd time since pandemic began https://www.cbc.ca//business/mortgage-stress-test-1.5684685

Did you know? A typical mortgage broker has access to over 90 lenders! This can be a real advantage to ensuring you get the best mortgage plan and rate to suit your needs! Learn more by calling us in the beautiful Cowichan Valley 250-748-9742 250-709-2888 [email protected] #mortgagetips #dlclighthousemortgage #mortgagebroker #dominionlendingcentres #mortgagerates #cowichan #duncanbc #rates

Rates are still at an all-time historic low. What are you waiting for? Purchase or refinance today and ride the low rate train! Learn more by calling @dlclighthouse in the beautiful Cowichan Valley 250-748-9742 250-709-2888 [email protected] #mortgagetips #dlclighthousemortgage #mortgagebroker #dominionlendingcentres #mortgagerates #cowichan #duncanbc #rates

Investment and Vacation Property So, you are looking to purchase a second property! Congratulations! This is a great opportunity for you to expand your financial portfolio and ensure stability for the future. However, before you launch into this purchase there are a few things you should know, depending on which type of second property you are looking to purchase. Explore ALL your options by contacting our Mortgage Professional team today! 250-748-9742 250-709-2888 #mortgagetips #mortgageadvice #mortgageprofessional #dlclighthousemortgage #dominionlendingcentres

Happy B.C. Day Long Weekend We hope all Canadians in our province have the chance to celebrate their achievements and relax with friends and family

Are you ready for home ownership? Probably more than you think. Explore ALL your options by contacting our Mortgage Professional team today! 250-748-9742 250-709-2888 #mortgagetips #mortgageadvice #mortgageprofessional #dlclighthousemortgage #dominionlendingcentres #cowichanvalley #duncanbc #buyingahome

Have you heard? There are three types of lenders for a mortgage: banks, credit unions and alternative lenders, such as monolies or private institutions. Some of these lenders ONLY work with Mortgage Brokers. Explore ALL your options by contacting our Mortgage Professional team today! 250-748-9742 250-709-2888 #mortgagetips #mortgageadvice #mortgageprofessional #dlclighthousemortgage #dominionlendingcentres #cowichanvalley #duncanbc #buyingahome

Home ownership is one of the best long-term investments for Canadians We can help you find your way home! Call us in the beautiful Cowichan Valley today! 250-748-9742 250-709-2888 #cowichan #dlclighthousemortgage #duncanbc #bankrates #buyingahome #dominionlendingcentres #credithealth #mortgagebroker #mortgagetips

Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing

Did you know? Tracey has proudly Independently Owned & Operated DLC Lighthouse Mortgage in the beautiful #cowichanvalley for the past twenty years. Tracey is a very experienced mortgage professional and shes passionate about helping you navigate through these unprecedented times. Tracey is an award winning Mortgage Advisor who always goes the extra mile for you! Contact Us today 250-748-9742 work 250-709-2888 cell Download my mortgage app https://dlcapp.ca/app/tracey-morrison #dominionlendingcentres #dlclighthousemortgage #dlccanada #mortgages #cowichan #duncanbc #mortgagebroker #buyingahome

Mortgage Insurance and Your Borrowing Power. As a Canadian homebuyer or homeowner, your borrowing power is impacted by a few factors. Recent changes to the lending policies announced by CMHC, The Bank of Canadas qualifying rate and your banks Prime Rate and mortgage stipulations are all things to consider when thinking about purchasing a home. If you have less than 20% down, mortgage default insurance is required (known as a high ratio mortgage). This insurance policy prote...cts lenders in the event you, the borrower, ever stop making payments and default on the mortgage loan. What you might not know is that mortgages in Canada are insured by one of three companies: CMHC, Genworth Canada or Canada Guaranty. In addition, both the lender and the insurer need to approve your application once you have qualified. In order to qualify, all insured mortgages use the Bank of Canadas Conventional 5 year fixed posted rate (also referred to as the Benchmark Rate), which has recently dropped to 4.94%! Once youve qualified, we can then start to shop the market for you to get the best financing options. The recent changes announced by CMHC on June 4, 2020 relate specifically to new applications for homeowner insurance, such as new purchases, as well as renewals; refinancing is not included. So, what are these changes and how do they affect you or a potential homeowner? Contact Us Today! In the beautiful Cowichan Valley today! 250-748-9742 250-709-2888 #cowichan #dlclighthousemortgage #duncanbc #bankrates #buyingahome #refinancing #dominionlendingcentres #credithealth #mortgagebroker See more

June Data Indicates a Housing Rebound. But Will it Last?

What Your Banker Wont Tell You! Did you know the biggest difference between getting your mortgage from a bank vs. a mortgage broker is that the bank only has access to their products, while I, your mortgage broker, have access to hundreds of different lending institutions and mortgage products to fit your unique needs. Contact @dlclighthouse team in the beautiful Cowichan Valley today! 250-748-9742 250-709-2888 #cowichan #dlclighthousemortgage #duncanbc #bankrates #buyingahome #refinancing #dominionlendingcentres #credithealth #mortgagebroker

The time is NOW! Rates are still at an all-time historic low. What are you waiting for? Purchase or refinance today and ride the low rate train! Learn more by calling DLC Lighthouse Mortgage in the beautiful Cowichan Valley 250-748-9742 250-709-2888 [email protected] #mortgagetips #dlclighthousemortgage #mortgagebroker #dominionlendingcentres #mortgagerates #cowichan #duncanbc #rates

Wishing you a glorious and happy Canada Day! #dlclighthousemortgage #cowichanvalley #canada #dominionlendingcentres

The DLC Lighthouse Mortgage office in #Duncan is open but by appointment only due to the Covid Global Pandemic. We do have the capability to facilitate your mortgage needs via internet, email and phone. Were taking every precaution we can to ensure the health, safety and peace of mind of our staff and customers! Contact us today 250-748-9742 250-709-2888 [email protected] #covid2020 #dlclighthousemortgage #cowichanvalley #covid #outbreak #corona #mortgageprofessionals #dominionlendingcentres #cowichan

Bank of Canada Governor Tiff Macklem said the country faces a challenging path to economic recovery, despite a quick bounce-back so far

Doubling up your payment on average will save many years off your mortgage for 5 figure savings. The My Mortgage Toolbox app can show you how! #MortgageTips Tracey Morrison Owner and Mortgage Consultant . . 250-748-9742 work 250-709-2888 cell... . . Download App: https://dlcapp.ca/app/tracey-morrison . . Calculate your total cost of owning a home * Estimate the minimum down payment you need * Calculate Land transfer taxes and the available rebates * Calculate the maximum loan you can borrow * Stress test your mortgage * Estimate your Closing costs * Compare your options side by side * Search for the best mortgage rates * Email Summary reports #cowichanvalley #dlccanadainc #dominionlendingcentres #dlclighthousemortgage #mymortgagetoolbox #mortgagebrokers

Happy Fathers Day #dlclighthousemortgage #dadsday #celebratedad #cowichanvalley #mortgagespecialist #fathersday2020

Our Mortgage Professionals are Experts in their field and many are ranked among the best nationally Contact DLC Lighthouse Mortgage Owner Tracey Morrison today! Shes our award winning Mortgage Advisor 250-748-9742 cell 250-709-2888 #dominionlendingcentres #dlclighthousemortgage #dlccanada #mortgages #cowichan #duncanbc #mortgagebroker #buyingahome #mortgageadvisor

Canada Guaranty confirms that no changes to underwriting policy are contemplated as a result of recent industry announcements https://www.canadaguaranty.ca//lender-update-underwriting/ #dlclighthousemortgage #underwritingpolicyclarification #dominionlendingcentres

CMHC Makes It Harder To Qualify For An Insured Mortgage #cowichan #dlclighthousemortgage https://dominionlending.ca//cmhc-makes-it-harder-to-quali/

Stay Cool & Save Summer is just around the corner and doesnt stick around for long, so make sure you enjoy it! We have some great tips for staying cool AND saving money while you do. Use Portable And Ceiling Fans. Instead of cranking the A/C (and your electricity bill) consider cooling down with portable and ceiling fans Avoid Cooking On The Stove While cooking indoors can be a great way to warm up the house in the winter, it will create unnecessary heat in the summe...rtime. Instead, consider cold meals such as salads or breaking out the BBQ for grilled chicken or steaks. Keep The Curtains Drawn As nice as it is to let the sun in, this can increase the heat in your house and cause extra stress on your A/C unit and fans. Maintain the Air Filters As always, the change of the season is a good time to check the air filters in your home. Swap to Energy Efficient Lighting You have probably heard some of the reasons why LED lights have become so popular, but did you know that they also produce 75 percent less heat than incandescent bulbs #tips #stayingcool #inthesummerheat #dlclighthousemortgage #cowichanvalley #cowichan See more

CMHC announced changes to its mortgage insurance underwriting and acceptance criteria More details https://bit.ly/30deSly #cowichan #dlclighthousemortgage Mortgage Professionals Canada

CMHC Makes It Harder To Qualify For An Insured Mortgage Its mandate is to help Canadians access affordable housing options. Contact Tracey Morrison our award winning Mortgage Advisor. Call 250-748-9742 cell 250-709-2888 #dominionlendingcentres #dlclighthousemortgage #dlccanada #mortgages #cowichan #duncanbc #mortgagebroker #buyingahome #mortgageadvisor

The COVID-19 pandemic is affecting all sectors of Canadas economy, including housing Job losses, business closures and a drop in immigration are adversely impacting Canadas housing markets, and CMHC foresees a 9% to 18% decrease in house prices over the next 12 months In order to protect future home buyers and reduce risk, CMHC is changing its underwriting policies for insured mortgages Effective July 1, the following changes will apply for new applications for homeow...ner transactional and portfolio mortgage insurance Limiting the Gross/Total Debt Servicing (GDS/TDS) ratios to our standard requirements of 35/42; Establish minimum credit score of 680 for at least one borrower; and Non-traditional sources of down payment that increase indebtedness will no longer be treated as equity for insurance purposes To further manage the risk to our insurance business, and ultimately taxpayers, during this uncertain time, they have also suspended refinancing for multi-unit mortgage insurance except when the funds are used for repairs or reinvestment in housing. Consultations have begun on the repositioning of our multi-unit mortgage insurance products. COVID-19 has exposed long-standing vulnerabilities in our financial markets, and we must act now to protect the economic futures of Canadians, said Evan Siddall, CMHCs President and CEO. These actions will protect home buyers, reduce government and taxpayer risk and support the stability of housing markets while curtailing excessive demand and unsustainable house price growth. These decisions are within CMHCs authorities under the National Housing Act and are in anticipation of potential house price adjustment. We will continue to monitor market conditions and work with our federal colleagues on potential macro-prudential policy options. CMHC supports the housing market and financial system stability by providing support for Canadians in housing need, and by offering housing research and advice to all levels of Canadian government, consumers and the housing industry #dlccanadainc #dlclighthousemortgage #dominionlendingcentres #cowichanvalley #covid19 #mortgageprofessional #housingmarket #duncanbc #cmhc See more

#BREAKING The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of percent. The Bank Rate is correspondingly percent and the deposit rate is percent #dlclighthousemortgage

What to Know BEFORE You Start House-Hunting As exciting as it is to start your journey towards home ownership (or even up- and down-sizing), there are a few things you should consider first. Most importantly, you need to determine your purchase range. Having the proper budget for your future home is the best way to ensure future financial success! To create a proper budget, you need to look at your monthly income and expenses to determine how much you can afford in monthly ...mortgage payments. Download my Mortgage Toolbox https://dlcapp.ca/app/tracey-morrison and create a profile today to access all of the amazing features, including mortgage estimates and budgeting tools. From there, you can determine your purchase price! Ideally, it is best to try and find a home that fits your needs that is below your maximum budget, which will give you a lower mortgage payment and a little more financial freedom and security for the future. Remember, whether it is your first or fourth house, home-hunting can be a process. Be prepared to revisit your list and homes several times to find the right fit. It is out there! As long as you stay within your budget, you will not only build equity in your new home but you will have a solid financial foundation to continue growing from. Tracey is a very experienced mortgage professional and shes passionate about helping you navigate through these unprecedented times. Shes also an award winning Mortgage Advisor who always goes the extra mile for you! Contact Tracey today 250-748-9742 cell 250-709-2888 #dominionlending #dlclighthousemortgage #dlccanada #mortgages #cowichan #duncanbc #mortgagebroker #buyingahome See more

BC Assessments Vs. What Your Home is Truly Worth https://www.rew.ca//bc-assessments-vs-what-your-home-is-tr