Do you know what’s involved in a Collateral Charge Mortgage?

General Angela Calla 30 Oct

Collateral charge mortgages are also known as the mortgage that marries a borrower to one lender. Click here to watch a video from the Globe and Mail’s Rob Carrick that discusses collateral charge mortgages and what borrowers need to know about this option.  Questions on the best mortgage for you, call The Angela Calla Mortgage Team directly […]

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Getting a mortgage after bankruptcy or debt settlement

General Angela Calla 30 Oct

More than one in eight adult Canadians will declare bankruptcy or negotiate a debt settlement – consumer proposal – with creditors. That’s a lot of people with devastated credit. The majority of those people will want a mortgage at some point, but they’ll find their options are limited. Following the credit crisis, funding shrank for high-risk […]

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Have Mortgage Rule Makers Gone Too Far?

General Angela Calla 30 Oct

FORMER US FED CHAIRMAN CAN’T GET A MORTGAGE. Anyone remember this guy?  Ben Bernanke.   He’s just the former Chairman of the US Federal Reserve Bank. He served two terms from 2006 to 2014.   Earlier this month, he revealed that he was declined for a mortgage refinance.  Now, just to put this in perspective, he used […]

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Another Woeful Tale of Mortgage Penalties

General Angela Calla 9 Oct

When you deal with a lender directly for a mortgage this article below is the norm. Most clients though are unaware of how different lenders calculate thier penalties and we always work to show you the lowest exit cost for the mortgage you end up selecting from the choices presented. http://www.cbc.ca/news/canada/edmonton/td-bank-client-devastated-by-17-000-mortgage-penalty-1.2790108 Angela Calla Mortgage Team 604-802-3983 […]

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When its best to take CPP early

General Angela Calla 9 Oct

Typically it’s better to defer CPP until past age 65 but in these situations it’s best to take CPP early Do any of these special CPP circumstances apply to you? http://www.moneysense.ca/retire/when-it-pays-to-take-cpp-early Ensure you have the best mortgage for your retirement. Angela Calla Mortgage Team 604-802-3983 callateam@dominionlending.ca

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Self Employed? Here is what you will need for a Mortgage

General Angela Calla 3 Oct

Self Employed? Here is what you will need for a Mortgage With more than 30% of Canadians receiving at least a portion of their income from means that place them in the self-employed category, it’s important to know exactly what documentation you’ll be required to provide when seeking a mortgage. The simplest way to provide […]

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5 Pitfalls to Consider Cost Secondary

General Angela Calla 2 Sep

Who do you know really to head to university? Great pass along: http://business.financialpost.com/2014/08/30/five-financial-pitfalls-that-post-secondary-students-should-avoid/ Angela Calla Mortgage Team 604-802-3983 callateam@dominionlending.ca

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5 Common Mortgage Mistakes

General Angela Calla 2 Sep

Like many aspects of your   life, obtaining financing on a new or existing home can be a lot less stressful and a   whole lot more straight-forward if you’re prepared. But if you’re not   prepared, there are many common mistakes you can make. Most of these mistakes   are easily avoidable with some […]

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