Dominion Lending Centres - Ryan Cain, Fredericton Mortgage Broker

Dominion Lending Centres - Ryan Cain, Fredericton Mortgage Broker 506-440-CAIN (2246)
Mortgage Broker in Fredericton
Guaranteed to get the Best Rates
www.ryancainmortgages.ca

There are generally two ways to get a mortgage in Canada: From a bank or from a licensed mortgage professional. While a bank only offers the products from their particular institution, licensed mortgage professionals send millions of dollars in mortgage business each year to Canada's largest banks, credit unions, trust companies, and financial institutions; offering their clients more choice, and

access to hundreds of mortgage products! As a result, clients benefit from the trust, confidence, and security of knowing they are getting the best mortgage for their needs. Whether you're purchasing a home for the first time, taking out equity from your home for investment or pleasure, or your current mortgage is simply up for renewal, it's important that you are making an educated buying decision with professional unbiased advice

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04/10/2020

https://vimeo.com/403897677 =284

What’s required to get you where you want to be? Three things. Kindness Patience Understanding Call centres will rightly be implementing (many already…

Thanks to all my clients!!!
10/07/2018

Thanks to all my clients!!!

08/17/2018

Learn About Reverse Mortgages

-Age 55 or older
-Up to 55% of the home value
-Tax-free $
-No monthly Mortgage Payments

Contact me for more details!

Ryan Cain
Mortgage Broker
FCNB License # 160000445
Dominion Lending Centres
526 Queen Street, Suite 207
Fredericton, NB
E3B 1B9
(506) 440-2246 (P)
(888) 251-0702 (F)

[email protected]

03/07/2018

Find out if you're approved in less than 5 minutes!

Applying for a mortgage couldn’t be easier. Just complete our secure application and we will be in touch shortly.

10/17/2017

Rules keep tightening......

News Release
For Immediate Release

OTTAWA - October 17, 2017 - Office of the Superintendent of Financial Institutions Canada

Today the Office of the Superintendent of Financial Institutions Canada (OSFI) published the final version of Guideline B-20 − Residential Mortgage Underwriting Practices and Procedures. The revised Guideline, which comes into effect on January 1, 2018, applies to all federally regulated financial institutions.

The changes to Guideline B-20 reinforce OSFI’s expectation that federally regulated mortgage lenders remain vigilant in their mortgage underwriting practices. The final Guideline focuses on the minimum qualifying rate for uninsured mortgages, expectations around loan-to-value (LTV) frameworks and limits, and restrictions to transactions designed to circumvent those LTV limits.

OSFI is setting a new minimum qualifying rate, or “stress test,” for uninsured mortgages.

Guideline B-20 now requires the minimum qualifying rate for uninsured mortgages to be the greater of the five-year benchmark rate published by the Bank of Canada or the contractual mortgage rate +2%.
OSFI is requiring lenders to enhance their loan-to-value (LTV) measurement and limits so they will be dynamic and responsive to risk.

Under the final Guideline, federally regulated financial institutions must establish and adhere to appropriate LTV ratio limits that are reflective of risk and are updated as housing markets and the economic environment evolve.
OSFI is placing restrictions on certain lending arrangements that are designed, or appear designed to circumvent LTV limits.

A federally regulated financial institution is prohibited from arranging with another lender a mortgage, or a combination of a mortgage and other lending products, in any form that circumvents the institution’s maximum LTV ratio or other limits in its residential mortgage underwriting policy, or any requirements established by law.

Thanks to all my clients!
10/09/2017

Thanks to all my clients!

Call today to be approved in 15 minutes!
05/25/2017

Call today to be approved in 15 minutes!

506-440-CAIN (2246)
Mortgage Broker in Fredericton
Guaranteed to get the Best Rates
www.ryancainmortgages.ca

Call today to get approved in 15 minutes!
05/24/2017

Call today to get approved in 15 minutes!

506-440-CAIN (2246)
Mortgage Broker in Fredericton
Guaranteed to get the Best Rates
www.ryancainmortgages.ca

Call today and be approved in 15 minutes!
05/24/2017

Call today and be approved in 15 minutes!

506-440-CAIN (2246)
Mortgage Broker in Fredericton
Guaranteed to get the Best Rates
www.ryancainmortgages.ca

Call today to get the lowest interest rate!
05/24/2017

Call today to get the lowest interest rate!

506-440-CAIN (2246)
Mortgage Broker in Fredericton
Guaranteed to get the Best Rates
www.ryancainmortgages.ca

05/24/2017

506-440-CAIN (2246)
Mortgage Broker in Fredericton
Guaranteed to get the Best Rates
www.ryancainmortgages.ca

Address

526 Queen Street
Fredericton, NB
E3B1B9

Opening Hours

Monday 8am - 7pm
Tuesday 8am - 7pm
Wednesday 8am - 7pm
Thursday 8am - 7pm
Friday 8am - 7pm
Saturday 8am - 7pm
Sunday 8am - 7pm

Telephone

+15064402246

Website

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