I’ve heard a familiar story since I started as a mortgage agent and it goes a little something like this, “My parents/ grandparents/uncle that I only see at thanksgiving bought a house decades ago for $3 and a shoelace and now it’s worth millions. Obviously this is an exaggeration but the message rings true. That’s […]

Gillis Mortgages is getting political! Well not really! I won’t bore you with my political views but I will let you know how this federal election might affect the housing market.  A lot goes into the platforms of our political parties so I went through them and focused on what is important (please see the […]

Ok so picture this: You just got a great pre-approval with a low rate hold from your unbelievably hard working, intelligent Dominion Lending Centre mortgage agent. Let’s call this hypothetical mortgage agent…Griffin Gillis (self-brag I know but after-all, it is my blog). After this pre-approval you’ll know your purchase price range and the amount of […]

I would like to start this blog off by saying that the housing market, like any market can change rapidly and isn’t 100% predictable. It’s important to understand that this post isn’t meant to sway anyone’s opinion about the housing market; it’s simply to give readers a better idea of what’s going on. Everything you […]

If you have been keeping up with your real estate and mortgage news, I can only assume that you’re a mortgage nerd like myself!  The biggest headline is “Banking Regulators Planning to Increase Stress Test to 5.25% June 1st”. This increase isn’t a guarantee but it’s good to know how this might affect the housing […]

I have been employed with Dominion Lending Centres for over half a year now and after months of promoting what I can do for my clients, I was asked by a friend the other day, “What do you actually do”? I was surprised by that, but it’s a really good question. It occurred to me […]

“What’s my credit score?” or “How is my credit score calculated?” are some of the questions that I often hear as a mortgage agent. Credit score also goes by “beacon score” and “FICO” score depending on the agency that calculates the score. There is a certain cloud of mystery when it comes to credit score […]

I was going to title this blog “insured, insurable and uninsured mortgages” but the title “blah, blah and blah mortgages” may have been equally enticing to a reader. My interest in mortgages isn’t always met with the same enthusiasm; however, whether mortgages excite you or not these blogs can help you gain an understanding of […]

I’m a young agent in the mortgage industry and because of this many of my clients are young first time home buyers.  I’m often asked to complete pre-approvals for first time home buyers to help them determine what they can afford.  This has given me a unique perspective in understanding on how young people view […]