Gabriel Da Silva
Dominion Lending Centres Forest City Funding Canada's Largest Mortgage Brokerage Residential & Commercial Mortgage Agent Level 2 Independently Owned & Operated Lic#10671
Why a Mortgage Broker
There are generally two ways to get a mortgage in Canada; from a bank or from one of our licensed mortgage professionals, Gabriel Da Silva, one of our Dominion Lending Centres-Forest City Funding agents who is independently owned and operated. Gabriel Da Silva specializes in Residential and Commercial lending, servicing the Mississauga, Port Credit and surrounding Greater Toronto "GTA" area. In a world with an abundance of options, it can be hard to know which way to turn to ensure that you make the best decision for your future. Fortunately, a mortgage broker can help! With access to 135 lending institutions including big banks, credit unions and trust companies, mortgage professionals like myself are familiar with a vast array of available mortgage products. From first-time homebuyer programs to financing for the self-employed or those with credit blemishes, I can help find the best mortgage for you - no matter what stage of life you are in! A Mortgage Broker Saves Time: One of the biggest benefits to using a mortgage broker is that they are a one-stop-shop that not only saves you time, also will save you money too. Mortgage brokers are experts in mortgages and can contact all lenders, from the big 5 banks to credit unions and even alternative options (if required). This means that you only need to fill out one application and your broker will do all the heavy lifting to present you with the best options for your budget so you can make the final decision! A Mortgage Broker Can Often Find a Lower Rate: When it comes to mortgages, not all lenders are created equal. Not only do different banks offer different rates depending on the mortgage conditions, but banks can only see their own rates. For you to be able to get accurate quotes, you would need to have multiple meetings - one with each bank or lender - to get their mortgage rate and terms. A mortgage broker has access to all of the different lenders and their connections can often result in a lower mortgage rate and better plan for you and your family. A Mortgage Broker Offers Unbiased Advice: Mortgage brokers typically work with dozens of lenders and rely on client satisfaction and referrals to keep their business running. Unlike banks focused on signing you for profit reasons, a mortgage broker is a third-party service who gets paid no matter which bank they sign you with. This means they can provide the best rate and unbiased advice because they are focused on helping you achieve your dream. A Mortgage Broker Service is at No Cost: In most cases, using the services of a mortgage broker comes at no cost to the homeowner or home buyer. A mortgage broker instead receives compensation directly from the lender. The only time you might have to pay is when working with a private lender or a lender that refuses to pay brokerage fees - which a mortgage broker would tell you about in advance. A Mortgage Broker Protects Your Credit Score: Not only does it take a great deal of time to apply at dozens of lenders yourself, but it can also lead to a lower credit score. Each time you apply at a lender, they must do a “hard credit check”. Unfortunately, too many credit checks in a short period of time can lower your credit score. The benefit of a mortgage broker is that they typically only need to pull your credit score once to apply to various lenders, which protects your hard work. I would love to offer my advice and expertise to ensure you get the best mortgage product; please do not hesitate to reach out and book an appointment at your earliest convenience!
Examples of Services Offered
Reverse Mortgage
When most of us dream of retirement, we imagine ourselves in our homes – sharing a meal with family or just relaxing in a comfortable spot. But retirement can also bring financial strain. Seniors often face the challenge of managing with less cash flow than they anticipated or coping with unforeseen expenses. We understand, empowering older Canadian homeowners with smart, simple ways to use the value of their home during retirement.
First Time Buyer Program
In an effort to make buying your first home easier, the Canadian government offers a variety of incentives for first-time homebuyers. First-time homebuyers in Ontario and the City of Toronto, for example, can qualify for a land-transfer tax rebate. That's just one of many different first-time homebuyer programs you may be eligible for.
Commercial Mortgages, Loans & Leases
AT DOMINION LENDING CENTRES, WE UNDERSTAND THAT PURCHASING A BUSINESS IS ONE OF LIFE’S MOST EXCITING ENDEAVOURS, AND IS ALSO A VERY COMPREHENSIVE ONE. Canada’s largest banks, credit unions, trust companies, and financial intuitions have teamed up with Dominion Lending Centres to offer you rates, products, and services that are only available through our mortgage professionals. For example, the Dominion Lending Centres mortgage product line has an array of business financing solutions that are only available to our mortgage professionals and their clients.
Debt Consolidating
Refinancing your home to consolidate debt is also a good option to pull out equity, home improvements, investments, college expenses, and more. At Dominion Lending Centres we are trained to assist our clients in providing the best rate offers and terms that best fit the client's situation.
Refinance your Mortgage
You may have been working at improving your credit score and now qualify for a new mortgage with a better discount, or you may want to stabilize your payments by changing from a variable rate mortgage to a fixed-rate. Refinancing is also a good option to pull out equity for consolidating debt, home improvements, investments, college expenses or just to lower your rate and payment.
Agent Awards
