Shawn Allen-Woolfe​

Shawn Allen-Woolfe MORTGAGE ASSOCIATE A fluent communicator with a natural energy and passion for working with people, Shawn has consistently been recognized as a team player throughout his 10 years of experience in the finance industry. He takes pride in helping others achieve their financial goals and thrives on creating positive experiences. Born and raised in the city, he appreciates the diverse backgrounds and rich culture that Toronto has to offer. Shawn joined the team in 2021, bringing with him a strong skill set that he continues to apply and grow. Outside of work, he enjoys spending time in nature and around animals—experiences that keep him grounded and humble. He has also developed a passion for cooking and enjoys living a healthy lifestyle, focusing on both physical and mental well-being. Visit My Website Apply Online SERVICES We simplify mortgage solutions for your unique needs. DNA Lending Group simplifies the mortgage process, providing personalized guidance to empower you to make informed decisions. With us, you can focus on achieving your homeownership dreams while we handle the intricacies of mortgage management. Unlock your path to homeownership with us today. Mortgage Pre-Approvals We conduct thorough in-house underwriting to anticipate and address potential obstacles upfront, minimizing surprises post-purchase. We take the guessing out of the equation.  First Time Home Buyers Our VIP SERVICE assists you through the overwhelming process of purchasing your first home, providing guidance from obtaining a mortgage to managing paperwork, leveraging our expertise and access to 88 lenders for a seamless experience. Refinances & Renewals Whether you’re renewing your mortgage or considering refinancing, our team utilizes our extensive knowledge and access to 88+ lenders nationwide to tailor a solution that meets your specific needs. Investment Properties ​ Accessing 88 lenders enables us to strategically place you for optimal financing, facilitating the growth of your investment portfolio and the creation of generational wealth through investment property financing. Business For Self Financing​ Our team specializes in simplifying the alternative mortgage lending process, guiding you through applications, documentation preparation, and diverse lender requirements to make it more accessible and efficient. Reverse Mortgages​ Reverse Mortgages allow individuals aged 55+ to unlock tax-free equity in their primary residence through lump-sum or regular payments, ideal for those with limited income who want to avoid selling their home, providing a tax-free income supplement. Second Mortgages This option involves taking out a second mortgage loan from a bank or mortgage lender, with the loan amount based on the equity in the home. Traditional second mortgages typically have higher interest rates than first mortgages. Private Mortgages Private mortgage lenders, also known as alternative lenders, offer mortgage loans with different criteria, interest rates, and approval processes compared to traditional banks, catering to borrowers who may not qualify for traditional loans. Trusted Referral Partners If you are looking for a trusted, real estate agent, financial planner, lawyer, accountant or book keeper look no further we have you covered.  Here you’ll find our trusted referral partners that share are values and love for helping and serving others. Get Started How we help Mortgages Access the best mortgage solutions in the biz. Get Help Finance Calculators Get the bigger picture to make your big decisions. GO TO TOOLS Referral Partners We get by with a little help from our friends. OUR PARTNERS Frequently Asked Questions We've got answers. Feel free to get in touch if you don't see your question here! Do I need a 20% down payment to purchase my first home? A First Time Home Buyer does not require a 20% down payment to enter the market.  The minimum down payment for a First Time Home Buyer or a repeat home buyer is 5% of the first $500k of the purchase price and 10% for any amount above $500k Are there any additional cost for putting less than a 20% down payment on a new home? When putting down less then 20% down payment on a new home yes there are additional costs.  As per Federally Regulated Rules when a buyer is putting less then 20% down the mortgage must be insured by one of the 3 Mortgages Insurance Companies in Canada; Canadian Mortgage Housing Coporation (CMHC – Government Run Mortgage Insurance Company), Sagen Financial and Canada Guaranty, both privately run Mortgage Insurance Companies.  The premium that get added to the mortgage loan you have been approved for is tiered based on your down payment.  A 5%-9.99% down payment has a 4% insurance premium that gets added to the mortgage amount calculated based on the mortgage amount approved.  A 10%-14.99% down payment has a 3.10% insurance premium that gets added to the mortgage amount calculated based on the mortgage amount approved. A 15%-19.99% down payment has a 2.80% insurance premium that gets added to the mortgage amount calculated based on the mortgage amount approved. Is there an insurance premium when you have a down payment of 20%? When a down payment of 20% is available the Mortgage Insurance Premium is not required. In some circumstances a premium might apply based on the transaction and borrower requirement. Why choose an investment property mortgage? Buying an investment property is rapidly becoming a preferred investment for current homeowners. As real estate values generally appreciate over time, it is considered a secure option to invest in. The DNA Lending Group team is committed to facilitating a seamless investment experience for you by ensuring a coherent application process and addressing any inquiries that may arise along the way! What is refinancing a mortgage? Refinancing a mortgage is the process of replacing an existing mortgage with a new one, typically to obtain a better interest rate or loan terms, access equity in the home, or consolidate debt. How do I refinance my mortgage? Refinancing your mortgage can help you lower your monthly payments, reduce your interest rate, or access your home equity for other financial needs. When you work with a trusted mortgage brokerage like DNA Lending Group, a team of Mortgage Alliance, we can ensure you