Press Release
FOR IMMEDIATE RELEASE
Port Coquitlam, BC – September 25th, 2014
Dominion Lending Centres Makes Significant Investment in Network Technology
Dominion Lending Centres is excited to announce an exclusive partnership with Teranet’s Purview system to offer a new free tool to our brokers and agents across Canada called Property Valuation System(PVS).
PVS, which went live for the DLC network this week, uses the same information lenders rely on to evaluate Canadian properties, making the accuracy of information available to DLC mortgage professionals on par with the highest of industry standards.
Information provided by PVS includes:
· All parties listed on title*
· Mortgage issuer and date of registration*
· Face value of original mortgage and date issued*
· Neighborhood average home price
· Number of sales in neighborhood in last six months
· Market shift percentages
· Equity estimate based on value minus mortgage amount*
· Google Earth aerial view of subject property and closest comparables
· Historic neighbourhood sales
· Comparable sales in neighborhood at valuation date
*features currently available in Ontario only, with Manitoba access coming next
Purview, which is powering PVS, usually costs $300 per year per user, butthis tool is FREE to every DLC mortgage professional across Canada thanks to the significant investment DLC Head Office made in this PVS technology when partnering with Teranet.No other superbroker has this relationship with Teranet.
“This DLC-exclusive PVS tool is just one more way we’re investing in technology to ensure our network is always equipped with the very best means to get deals done quickly and efficiently,” says DLC President Gary Mauris. “Dominion Lending Centres head office has covered the costs of this advanced valuation tool to provide access to this technology to our mortgage professionals no matter where they’re doing business from coast to coast.”
Press Release
“Teranet is thrilled to partner with DLC and power their new Property Valuation System with Purview for Mortgage Brokers,” says Drew Doherty, Director, Value Added Solutions at Teranet. “We are excited to provide the entire DLC network direct access to Purview that will help validate critical property information and streamline their application process.”
PVS broker benefits include the ability to save time and increase sales by:
· Qualifying prospects before working on a deal
· Quickly identifying critical property info
· Sharing great info with clients and lenders
· Submitting deals to the right lender
· Differentiating from competitors and winning more business
· Providing existing clients with highly valuable information on current home value
· Connecting with new clients
About Dominion Lending Centres: Canada’s #1 national mortgage company with more than 2,300 Mortgage Professionals spanning the country. Launched in January 2006, DLC quickly grew to fund more than $14 billion in mortgage volume in 2013 – the largest origination volume of any Canadian brokerage. DLC continues to be recognized by PROFIT Magazine as one of Canada’s Fastest-Growing Companies – making the PROFIT HOT 50 list of Emerging Growth Companies (2009 & 2010), PROFIT 200 (2012) and PROFIT 500 (2013 & 2014). DLC and our agents are recognized annually at the CMP Canadian Mortgage Awards – the Oscars of the Canadian mortgage brokering landscape. For more information, visit: www.dominionlending.ca.
For more information, please contact:
Cindy Freiman, Director of Public Relations & Communications
Dominion Lending Centres Inc
Direct: 289-240-6322
Email:
Website: www.dominionlending.ca