Dillan Kelly - Mortgage Broker

Dillan Kelly - Mortgage Broker Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Dillan Kelly - Mortgage Broker, Mortgage brokers, 469 40 Street S, Lethbridge, AB.

Helping Albertans with mortgages since 2014 | 550+ families guided in purchases, renewals & refinances | With Canada’s top mortgage network — Dominion Lending Centres Mortgage Excellence

08/26/2026

Planning to buy a home in the next 3-6 months? 🏡

A few decisions you make before you start house hunting can have a surprisingly big impact on your mortgage approval.

🚗 Financing a new vehicle
💰 Moving your down payment money between multiple accounts
🧮 Relying solely on an online mortgage calculator

Even if buying is still 3–12 months away, getting a mortgage plan in place early can help you know exactly what you can afford and what, if anything, you should work on before you start shopping.

Thinking about buying? Let’s chat.

📱 Call/Text: 403-894-9525
📧 [email protected]
🌐 dkmortgageteam.ca

08/11/2026

🏡 5% Down vs. 20% Down. What should you do?

There isn’t one right answer. It depends on your finances, goals, and how much cash you want tied up in your home.

5% DOWN

✅ Get into the market sooner instead of waiting years to save 20%
✅ Often access better interest rates with an insured mortgage
✅ Keep more money available for an emergency fund, renovations, or furnishing your new home
✅ Avoid selling investments that may be performing well

❌ The big downside is mortgage default insurance. It can cost thousands of dollars and gets added to your mortgage, eating up a good chunk of your equity right from day one.

20% DOWN

✅ Avoid mortgage default insurance
✅ More flexibility when qualifying since you aren’t restricted by all insurer guidelines
✅ Access to different mortgage products and options, including certain mortgage + line of credit products
✅ Start with more equity in your home

❌ It can take much longer to save 20%
❌ A lot more of your cash gets tied up in the property

So, should you put 5% or 20% down?

It depends. Sometimes getting into the market sooner makes more sense. Other times, putting 20% down and avoiding the insurance premium is the better move.

Have questions about what makes the most sense for you? Send me a message and we can run the numbers.

Dillan Kelly
Mortgage Broker
Dominion Lending Centres
[email protected]
403-894-5818

08/07/2026

So far in 2026, here’s what the families I’ve helped with purchases, renewals, and refinances have been choosing:

🏡 35% chose a 3 year fixed
The most popular choice. It gives people a balance of payment stability today without locking in for too long.

📉 30% chose a 5 year variable
Many are betting on lower rates over time and want the flexibility that comes with a variable mortgage.

🔒 30% chose a 5 year fixed
A great fit for homeowners who value predictable payments and long-term peace of mind.

⏳ 5% chose a 2 year fixed
Perfect for those who believe rates may improve or stay the same in the near future and want to renew sooner.

Every mortgage is different, so there isn’t a one size fits all answer. The best option depends on your goals, income, risk tolerance, and future plans.

Thinking about buying, renewing, or refinancing? Send me a message and let’s see what makes the most sense for you.

06/03/2026

People refinance for a lot of reasons.

Maybe it’s to buy a rental property.
Maybe it’s to purchase a vacation home.
Maybe it’s to invest in a business or the stock market.

But by far the #1 reason I see people refinance is to eliminate high-interest debt and large monthly payments.

Credit cards, auto loans, lines of credit, student loans… when these payments start stacking up, cash flow can get tight in a hurry.

I’ve seen homeowners reduce their monthly obligations by $1,500+ per month by consolidating multiple debts into one mortgage payment. In many cases, we can also extend the amortization up to 30 years to create maximum flexibility and lower monthly payments.

With the appreciation we’ve seen across Southern Alberta over the last 5 years, many homeowners are surprised by how much equity they have available.

If you’re wondering whether a refinance could improve your cash flow, consolidate debt, or help you access equity for another goal, send me a message and let’s explore your options.

Dillan Kelly
Dominion Lending Centres Mortgage Excellence
403-894-5818
[email protected]

05/06/2026

Don’t make this mistake in 2026 👇

If your mortgage is renewing this year, make sure you’re reaching out EARLY so you’re not leaving money on the table.

Some lenders can hold rates for up to 130 days, and with how volatile the market has been in 2026, it could be one of the smartest moves you make.

In just the last 130 days alone, fixed rates have moved nearly 0.60%. That can make a huge difference in your monthly payment and long-term interest costs.

The biggest mistake I see?
People waiting until the last minute and only signing the renewal offer their current lender sends them.

Even if you stay with your current lender, having a strategy matters.

If you have questions about your renewal or want to explore your options, feel free to reach out 👇

Dillan Kelly
Dominion Lending Centres Mortgage Excellence
📱 403-894-5818
📧 [email protected]
🌐 dkmortgageteam.ca

Business Shout Out!! 🌟LIGHTS BY HOMEONE 💡📞 Phone: 403-401-6583🌐 Website: Homeonelights.comI just had to give a huge sho...
05/02/2026

Business Shout Out!! 🌟

LIGHTS BY HOMEONE 💡

📞 Phone: 403-401-6583
🌐 Website: Homeonelights.com

I just had to give a huge shoutout to this amazing company! 🙌 From their competitive pricing to how quickly they got the lights up, the whole process was top-notch. The attention to detail is on another level, and the results speak for themselves. The lights look absolutely fantastic!

If you’re thinking about adding some LED lights to your home, definitely reach out to HomeOne.

04/09/2026

Not all variable rate mortgages are created equal 👇

From lender to lender and bank to bank, variable products can work very differently.

When most people think of a variable rate, they’re actually thinking of an adjustable rate mortgage. That’s where your payment changes every time the rate changes with the Bank of Canada.

A static variable is different.

Your payment is set based on the variable rate at the time of closing and it stays the same. If rates go up, your amortization adjusts longer. If rates go down, your amortization shortens and you pay it off faster.

In today’s volatile market, I have a lot of clients leaning toward this option because it gives them consistency in their monthly payment while still benefiting if rates improve.

If you’re not sure which type of variable is right for you, let’s chat.

📞 403-894-5818
🌐 dkmortgageteam.ca

04/08/2026

🌸 Happy Masters Week 🌸

Who do you have this year?

I’m rolling with Rory McIlroy to go back-to-back, and my sleeper pick for the weekend is Min Woo Lee 👀

Let’s hear your picks 👇

02/25/2026

Most buyers don’t realize this 👇

Lenders don’t use your “minimum payment” on credit cards and lines of credit.

They use about 3% of the balance.

So a $20,000 balance = $600/month on your application, even if your statement says $150.

That can cost you tens of thousands in buying power.

Before you apply, let’s review your debts.

Dillan Kelly
Dominion Lending Centres Mortgage Excellence
403-894-5818
[email protected]

02/11/2026

If you’re saving for a home and your money is just sitting in a regular savings account… you’re missing out 💸

A First Home Savings Account (FHSA) lets you:

✅ Save up to $40,000
✅ Get tax deductions
✅ Withdraw tax-free for your first home
✅ Combine it with RRSP + TFSA strategies

Example:
Putting in $8,000/year could mean thousands back at tax time, depending on your income.

If you’re planning to buy in the next few years, this is one of the smartest moves you can make

Dillan Kelly
Mortgage Broker
Dominion Lending Centres Mortgage Excellence
403-894-5818
[email protected]

Address

469 40 Street S
Lethbridge, AB
T1J4M1

Telephone

+14038945818

Website

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