Lori Lalonde Mortgage Services

Lori Lalonde Mortgages is a full service mortgage brokerage with associates serving Dawson Creek, Fort St. John, Tumbler Ridge, and Chetwynd. As your Northern BC Mortgage Broker, me and my team of experts are dedicated to providing clients with an exemplary customer service experience.

To learn more about the services I provide, get in touch and I’ll contact you directly to discuss your mortgage options.

Residential Mortgages

As your Northern BC Mortgage Broker, I understand that you need to be able to count on me to help you through one of the biggest decisions of your life. Whether you’re buying your first home or re-financing your mortgage to take out equity, I’ll be there shop the best rates and guide you along the way. Together, we’ll discuss all options so you can get the best mortgage possible – and the best service available.

Some of the services I provide:

  • Aggressively negotiate the best mortgage rate on your behalf and lock in that rate in for up to 180 days
  • Provide professional and unbiased financing advice
  • Pre-approve your mortgage upfront so you can shop with confidence
  • Counsel you on credit and mortgage qualifications
  • Share my expert knowledge of multiple lending products on the market to find the one that best suits your individual needs
  • Offer you up to 35 year amortization mortgages, interest only mortgages, cash-back mortgages, and many other mortgage products that are not available at your bank or credit union
Mortgage Switching

Switching your mortgage from your current lender can potentially save you thousands of dollars in interest. I’m here to make the process as painless as possible.

Advantages to switching your mortgage with Dawson Creek Mortgage:

  • Receive a more competitive interest rate
  • More competitive pre-payment privileges
  • We’ll pay the legal fees and up to $200 of the discharge fees charged by the other financial institution
  • We’ll cover the cost of the appraisal fees
  • Penalties for conventional mortgages can be included in the switch amount
  • We also offer an Express Switch Mortgage to triple A clients. No income confirmation is required!
Mortgage Refinancing

There are a lot of reasons you might want to refinance your mortgage, but sometimes it can seem like more trouble than it’s worth. With my access to lenders and years of experience, you can get all of the perks of refinancing – with none of the stress.

Refinancing a mortgage with us can be beneficial in several ways:

Obtain a Lower Fixed Rate. The interest on a fixed rate mortgage that you took several years ago may have dropped drastically – refinancing the existing mortgage will entitle you to available reduced interest rates.

Convert an Adjustable Rate Mortgage into a Fixed Rate Mortgage. The interest rate on an adjustable rate mortgage (ARM) might start out low, but the fluctuations are unpredictable. Many people find this constant variation taxing, and prefer to refinance into a secure, fixed rate mortgage.

Consolidate Multiple Mortgages Into One. Paying installments for two or more mortgages at the same time can be quite a burden. To make things easier, many people opt to consolidate their multiple mortgages into one, with a fixed monthly interest rate and a longer repayment duration. We can make this process painless.

Pay Off Other Debts. >The proceeds from your refinanced mortgage can be used to pay off credit card bills and other expenses (or maybe that trip to Hawaii you’ve been planning).

Make Cash Provisions for Emergency Situations. >Depending on your home equity, you can refinance your existing mortgage to free a larger amount of cash. Since a mortgage is a secured loan, the interest applied is considerably lower than that of an unsecured loan.

Most Importantly, Save Money. Because who couldn’t use some extra cash?

Mortgage Renewals

Is your mortgage coming up for renewal?

Don't be too hasty in signing the form and sending it back to the lender. Over 70% of mortgage holders do just that, and the usual result is a higher rate and a mortgage product that might not be best suited to their interests. Let me take a look first - I'll find you the best possible rate and product to suit your needs.

Second Mortgages

A second mortgage can be used to reduce your monthly debt payments, make home improvements, or free up cash for whatever you want. You can also use a second mortgage to help you purchase a new home for up to 100% of its appraised value.

Like a home equity loan or others of its type, the lender requires it to be secured by a second mortgage lien.

Because the lender is at a higher risk in case of default (since they will not receive any money from the sale of the house until the first lender is paid, and if there is no money left over, loses their money), the interest rates are higher.

You can also use a second mortgage for consolidating credit card debts by reducing your rates and payments and converting compound interest into simple interest. Since the repayment amount is higher than the initial mortgage, it is better to use these funds for heavier expenses.