Frequently Asked Questions (FAQ)
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Dominion Lending Centres are actually the #1 mortgage company in Canada - originating more mortgages than even any of the big banks do. To learn more, see this page - here
Your top-rated Doon Mortgage Broker can set you up with a pre-approval and tell you how much you can afford - all completely free and part of the service! You can also read more about pre-approvals at this page - here
We serve the entire GTA and surrounding areas - not just Doon. In fact, if you're interested in the surrounding areas around Doon, check out our Guelph Mortgage Broker and our Kitchener Mortgage Agent services. If you're looking for a Real Estate Agent, you should also check out this site - Doon Realtor
Doon is a former village in southwestern Ontario, Canada. Doon was settled around 1800 by Mennonite Germans from Pennsylvania, and after 1830 by Scottish immigrants.
The area is located at the confluence of Schneider Creek and the Grand River.
The post office was opened in 1845. A large flour mill, oatmill mill, distillery and sawmill were built on the Doon River over the following years.
The Perine brothers established extensive linen works and flax mills near the settlement.
By 1870, there was a single church, Presbyterian, a variety of tradesmen and a population of 200. Doon was established in a forested area around Schneider Creek where it enters the Grand River from the south. Richard Beasley sold 3,600 acres (1,500 ha) of this land to John Biehn Sr. of Montgomery County, Pennsylvania, in 1800. Biehn's relatives bought portions of this land, and started to clear it for farming, His son John Biehn Jr. built a sawmill in what became Doon, and Frederic Beck also ran a sawmill in the area. Most of the early settlers were German Mennonite famers from Pennsylvania.
The population of Doon dropped sharply after the Doon Twines company relocated to Berlin, now Kitchener, during World War I.
Itre are now only a few small businesses in Doon, which has become a suburb for commuters to Kitchener and Cambridge.
Sources: https://en.wikipedia.org/wiki/Doon,_Ontario, https://www.waterlooregionmuseum.ca/en/doon-heritage-village/doon-heritage-village.aspx
We've actually written a pretty detailed article on reverse mortgages in Canada - including CHIP - here's the link - reverse mortgage