When your mortgage comes up for renewal, it might seem easiest to sign the lender’s offer and move on. But that convenience could cost you.

Your renewal is a perfect opportunity to reassess your financial goals and explore better options. With interest rates, home equity, and life circumstances constantly changing, the mortgage you needed five years ago might not be the one that suits you today.

This is your chance to:
✅ Negotiate a better rate
✅ Tap into your home equity for renovations or investments
✅ Consolidate high-interest debt
✅ Adjust your term or payment schedule

You’re not locked in with your current lender—you have options. Working with a mortgage professional means we’ll shop the market for you, compare offers, and build a strategy that fits your goals.

Before you renew, reach out for a quick, no-obligation review. It could save you thousands—and bring peace of mind for your next term.

– Michele McGarvey Team, Dominion Lending Centres

Choosing the right mortgage broker can make a huge difference in your homebuying experience—and your long-term financial health. A good broker doesn’t just shop rates—they become your trusted guide through the entire mortgage process.

Here’s what to look for:

1. Experience & Knowledge:
   Look for someone who understands your local market and has a solid track record. Ask how long they’ve been in the industry and what types of mortgages they specialize in.
2. Transparent Communication:
   You want a broker who explains things clearly, answers your questions honestly, and keeps you updated every step of the way. You should never feel rushed or confused.
3. Access to Multiple Lenders:
   The right broker works with a wide range of lenders—not just one bank—so they can find a solution that fits your needs, not the lender’s.
4. Personalized Advice:
   Every client’s situation is unique. Your broker should take the time to understand your goals, finances, and future plans to recommend the best mortgage options.
5. Strong Support Team:
   Behind every great broker is a strong team. Ask if they offer support for paperwork, renewals, and follow-ups even after your mortgage is funded.

Your mortgage is likely the biggest financial commitment you’ll ever make—so choosing the right broker matters. When in doubt, ask for referrals and read reviews. The right fit should feel professional, approachable, and fully in your corner.

– Michele McGarvey Team, Dominion Lending Centres

Paying your property taxes might not be the most exciting part of homeownership, but it’s one of the most important. These taxes fund essential local services—like schools, emergency services, and road maintenance—and missing payments can lead to serious consequences, including late fees, interest, and even a tax lien on your home.

One smart way to stay on track? Sign up for your municipality’s TIPPS (Tax Installment Payment Plan). Instead of paying a lump sum once or twice a year, TIPPS lets you spread your property taxes out over monthly payments—making budgeting easier and avoiding the stress of large bills.

If your mortgage lender doesn’t collect property taxes on your behalf, enrolling in TIPPS is a simple way to protect your home and avoid penalties. Many cities in Alberta offer this program with automatic withdrawals and no added fees.
Staying on top of property taxes is part of being a smart homeowner.

– Michele McGarvey Team, Dominion Lending Centres

Imagine waking up to birdsong instead of traffic, sipping coffee on the dock, or gathering around a firepit with family and friends. A second home—whether it’s a lakefront cottage, a mountain cabin, or a quiet spot in a favorite vacation town—is more than just a place to escape. It’s an investment in peace of mind, connection, and lasting memories.

For many Canadians, a vacation property is becoming an achievable goal rather than a distant dream. It’s a space for weekend retreats, extended summer stays, and even a potential source of rental income. Beyond the lifestyle perks, a second home can also offer long-term financial value.

Financing a second home may be more accessible than people expect. With options tailored to vacation properties and flexibility in how rental income can be used toward qualification, the path to ownership is more straightforward than ever. Planning, budgeting, and understanding your goals are key to making it happen.

Whether it’s about getting closer to nature, creating a family legacy, or simply having a peaceful place to unwind, the dream of owning a summer retreat is within reach for more people than ever before.

– Michele McGarvey Team, Dominion Lending Centres