A bit about rates and government programs for those who are interested in some of the plumbing behind the scenes. With the Bank of Canada (BoC) dropping the overnight rate multiple times, we have seen lenders’ prime rates drop. But not all at the same time. The reason is, for many lenders like MCAP, something […]

Mortgage payments: What are some common ways you can make mortgage payments? What do amortization periods mean for homeowners? You can make payments monthly, accelerated biweekly, semi-monthly or weekly. It’s important to protect yourself for things out of your control. When we set up a mortgage for any client, we always set them up with […]

Mortgage approval: What are the ways you can ensure pre-approval on a mortgage? How can you protect yourself while searching for a mortgage? Beware of those “pre-approval in 60 seconds” apps. Those are only pre-qualifications meant for infotainment purposes. This is not an actual pre-approval in any way shape or form. There is a big difference.  The […]

Whether you’ve been directly affected by the COVID-19 pandemic or are looking to take preventative measures to ensure your financial stability, here are some tips to help you understand Mortgage Deferrals. What is a Mortgage Deferral? A mortgage deferral, if approved, allows you to delay the payments for the time granted, and is done on […]

It’s an honor to again be part of the Top 75 Mortgage Brokers in Canada. We’ve been blessed with the opportunity to help so many people in many unique situations over the years. Angela Calla is a 16 year award-winning woman of influence mortgage expert. Alongside her team, passionately assisting mortgage holders get the best […]

Angela Calla delivers useful information and mortgage clarity during these difficult times at the Tri-Cities Chamber of Commerce webinar. To book a personalized presentation that would benefit your network email us at callacom@dominionlending.ca WATCH HERE   Links from today’s presentation: Media Global News Interview The Mortgage Show Facebook The Angela Calla Team Angela Calla Blog […]

ATTENTION TENANTS AND LANDLORDS!! BC Temporary Rental Supplement is NOW OPEN! Please note you will need to prove income loss and tenancy, this is directly from the application process: Proof of Income Loss Submit one of the following for every family member aged 19 years or over whose employment income has decreased as a result […]

Some major Canadian banks are cutting credit card interest for clients that are facing financial hardship because of COVID-19. Vancity, a local credit union, announced on April 8 that it would defer minimum payments and drop interest rates entirely – to 0% – for their cardholders who are facing financial difficulty because of the pandemic. […]

During these times I wanted to offer you a worksheet (in a Printable PDF or Editable Spreadsheet) while people are going through the budgeting process and evaluating their financials as a tool to help empower you. Before you look at this sheet here are some basics and links I wanted to bring to your attention to […]