Meet Your Brokers For Life

A member of the Dominion Lending Centres Broker Network, Brokers for Life is owned and operated by Len and Margie Lane. We represent to you our valued customers, borrowing opportunities with over a dozen key lenders in the mortgage industry.

Blog

  • Interest Rates On The Rise But Not For The Usual Reasons…

    In July of this year the final step in controlling mortgages by CMHC and the Office of the Superintendent of Financial Institutions (OSFI) will come into effect. So what does that mean for the consumer in today’s markets? Effective July...

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  • What Happens to your Mortgage in the case of Fire

    I’ve been talking with different lenders over the last week and as I said before they all have different guidelines for what happens. There are two scenario’s that have occurred in Fort McMurray, the one we all dreaded and your...

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  • YEG Home Builders May Be getting The Message

    The numbers for Edmonton Housing are out this morning for January and February and it looks like Edmonton Home builders may be finally realizing that the market is a little softer than anticipated. CMHC report which I have attached to...

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  • Is Your Mortgage Broker an Intermediary or Do They work For You…

    Interesting conversations always happen when we have a RECA audit, now called a review because audit offended some people, and this years was no exception. The conversation started around our responsibility to the borrower and what we can or can't...

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  • What are Canadian’s doing about Mortgage Debt

    In December, Mortgage Professionals Canada released its annual state of the housing market report and found that, on 2015, 36% of homeowners took actions to reduce their mortgage debt. While many homeowners think in terms of lump-sum payments, which are...

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