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 - Dominon Lending Centres
Your top-rated Waterloo 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 - mortgage approval
We serve the entire GTA and surrounding areas - not just Waterloo. In fact, if you're interested in the surrounding areas around Waterloo, check out our Ariss Mortgage Broker and our Baldwin Village Mortgage Agent services. If you're looking for a Real Estate Agent, you should also check out this site - Waterloo Realtor
Waterloo is a city in Ontario, Canada.
It is the smallest of three cities in the Regional Municipality of Waterloo (and previously in Waterloo County, Ontario), and is adjacent to the city of Kitchener. Waterloo started on land that was part of a parcel of 675,000 acres (2,730 km2) assigned in 1784 to the Iroquois alliance that made up the League of Six Nations.
The rare gift of land from Britain to indigenous people took place to compensate for wartime alliance during the American Revolution. Almost immediately - and with much controversy - the native groups began to sell some of the land. Between 1796 and 1798, 93,000 acres (380 km2) were sold through a Crown Grant to Richard Beasley, with the Six Nations Indians continuing to hold the mortgage on the lands. Waterloo's city centre is located near the intersection of King and Erb streets. Since 1961, the centrepiece has been the Waterloo Town Square shopping centre, which underwent a thorough renovation in 2006. Much of the mall was torn down and has been replaced by buildings that emphasize street-facing storefronts.
Sources: https://www.waterloo.ca/, https://www.explorewaterlooregion.com/region-of-waterloo/city-of-waterloo/
We've actually written a pretty detailed article on reverse mortgages in Canada - including CHIP - here's the link - reverse mortgage in Canada