David Clarke - TMG The Mortgage Group Atlantic Inc

David Clarke - TMG The Mortgage Group Atlantic Inc Clarke Mortgage Group is a mortgage broker team with offices in Dartmouth, Truro and virtual

Everybody asks about the rate. Almost nobody asks about the penalty.Here's the thing: some lenders advertise a low rate ...
06/13/2026

Everybody asks about the rate. Almost nobody asks about the penalty.

Here's the thing: some lenders advertise a low rate but use inflated "posted rates" to calculate your penalty if you ever break or refinance early — and that penalty can run thousands more than you'd expect. Life happens: people sell, move, refinance, or restructure all the time before their term is up. The cheapest rate on day one isn't always the cheapest mortgage over the life of the loan.

When we work together, I walk you through the fine print most people never see — so you're comparing the whole picture, not just the headline number. Comparing options? Let's talk.

3 reasons to refinance — none of them are 'just for the rate.'Refinancing isn't just about chasing a better rate. It's a...
06/10/2026

3 reasons to refinance — none of them are 'just for the rate.'

Refinancing isn't just about chasing a better rate. It's about restructuring your largest monthly expense to fit the life you're actually living.

In 2026 my clients refinance for:

1) Debt consolidation — $30K-$80K of credit card and line-of-credit debt rolled in. Trades 19% interest for 5%.

2) Equity pull for renovations or an investment property down payment. Equity working without selling.

3) Restructuring after a life change — separation, business start-up, income shift, paying off student loans or medical bills.

A refi costs $1,000-$2,000 in legal and appraisal fees. If it saves $400/month, that's a 4-month payback.

If your mortgage is 3+ years old and your situation has changed, let's run the numbers.

Next Episode is out on the Brokering Behavior Podcast. Still going through Chapter 1 of the book. I think I'm done with ...
06/09/2026

Next Episode is out on the Brokering Behavior Podcast. Still going through Chapter 1 of the book. I think I'm done with Chapter 1 but who knows

Got a renewal coming up? They could save $5K–$20K.Quick ask. Who do you know with a mortgage renewal coming up in the ne...
06/08/2026

Got a renewal coming up? They could save $5K–$20K.

Quick ask. Who do you know with a mortgage renewal coming up in the next 6-12 months?

Most people sign their bank's renewal letter without comparing — and most banks know that. The default-renewal rate is almost always 0.3-0.7% above what's available on the open market.

Send me their name. I'll quote them what's actually available, side-by-side with what their bank is offering. They sign whichever they prefer, no obligation.

HRM-wide. Worth a 15-minute conversation.

Fun time Coaching Big Cheddar's Lacrosse team at the Apple Cup. Link helped coach while he heals up.Fun watching the pla...
06/06/2026

Fun time Coaching Big Cheddar's Lacrosse team at the Apple Cup. Link helped coach while he heals up.

Fun watching the players play as a team today

"No" from the bank isn't actually no.B-lender mortgages — let's talk about them.If your bank declined you, the issue is ...
06/06/2026

"No" from the bank isn't actually no.

B-lender mortgages — let's talk about them.

If your bank declined you, the issue is usually one of three things: self-employed income that doesn't show on tax returns, a credit blip from the last two years, or debt-service ratios just over the line. None of those are dealbreakers — they're just dealbreakers for big banks.

B-lenders (alternative or near-prime) work in that space. Rates 1-2% above prime, terms typically 1-3 years.

The plan is almost always: place with a B-lender, fix the underlying issue over 12-24 months, then move to a prime lender at renewal.

It's a bridge, not a destination. Built right, it works.

Bank told you no? Let's see if no means yes through a different door.

Was invited to a Daddy and Daughter Day at Victoria's Sparks. Best part of my day. It's fun watching my kids be a kid.Sh...
06/06/2026

Was invited to a Daddy and Daughter Day at Victoria's Sparks. Best part of my day. It's fun watching my kids be a kid.

Shout out to my wife and Hayley for running it every week. You planned a great night

Lock in or stay variable? Here's how to actually decide.Honest answer: depends on your stress tolerance and your timelin...
06/05/2026

Lock in or stay variable? Here's how to actually decide.

Honest answer: depends on your stress tolerance and your timeline.

If you're 6+ months away from a decision and another rate cut is plausible, staying variable can save you. If you'll lose sleep every BoC announcement day, lock in. Sleep is worth the spread.

Wrong reasons to lock in: panic, or because someone at your branch said 'rates are going up' without showing you the math. Wrong reason to stay variable: 'that's what I picked last time.'

Inside 12 months of a decision and not sure? Message me — I'll run the numbers on your actual file before you do anything.

Your bank's 'loyalty rate' is costing you $8,400.Myth: Your bank gives you the best rate because you've banked there for...
06/03/2026

Your bank's 'loyalty rate' is costing you $8,400.

Myth: Your bank gives you the best rate because you've banked there for 20 years.

Reality: Your bank gives you the rate they think you'll accept based on your loyalty. The industry term is 'sticky client' rate.

I send mortgages to 20+ lenders every month. Your bank wins your file maybe 30% of the time. The rest of the time they're 0.4%-0.8% off the best available.

On a $500K mortgage, 0.5% is about $140/month. Multiply that across 25 years and the loyalty premium gets real.

Renewal letter in your inbox? Send it to me before you sign.

I had some really positive feedback on the book and that honestly meant a lot to me.So I figured I’d try something else....
06/02/2026

I had some really positive feedback on the book and that honestly meant a lot to me.

So I figured I’d try something else.

I started a podcast called Brokering Behavior. It’s loosely going to follow the book, but also just whatever’s on my mind that week. Business, people, pressure, mortgages, life, mistakes, stress, figuring things out. Whatever comes out when I hit record.

Nothing fancy.
Just 10-15 minute single take rambles once a week and hopefully somewhere in there it’s useful to somebody.

Episodes 1-3 are live now on Spotify.

Address

50 Eileen Stubbs Avenue
Dartmouth, NS
B3B0M7

Opening Hours

Monday 8am - 4pm
Tuesday 8am - 4pm
Wednesday 8am - 4pm
Thursday 8am - 4pm
Friday 8am - 4pm

Website

Alerts

Be the first to know and let us send you an email when David Clarke - TMG The Mortgage Group Atlantic Inc posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to David Clarke - TMG The Mortgage Group Atlantic Inc:

Shortcuts

Share

Category