Top 5 Money Mistakes Canadians Make

General Angela Calla 18 Nov

Biggest takeaways A balanced approach will result in financial success. Think of what you can manage not how much you can get. Each pay period should include a portion to go to savings from when canadians start working. http://globalnews.ca/news/1674660/the-biggest-money-mistakes-canadians-make/ Questions to ensure yoiu have the best mortgage plan? Contact The Angela Calla Mortgage Team 604-802-3983 or […]

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Importance Of Mortgage Portability

General Angela Calla 3 Nov

Selling your current home and   moving into a new one can be stressful enough, let alone worrying about your   current mortgage and whether you’re able to carry it over to your new home. Porting enables you to move to another property without having   to lose your existing interest rate, mortgage balance and […]

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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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