PRE-SALES – Should I call my own Realtor? In a word…. YES!! Remember – the sales staff at a sales center and employed by the Developer. Period. They are there to sell product and get the most for the Developer – not for you. Presales are generally less negotiable than traditional Real Estate listings, but that does not […]

Vancouver’s housing sector often does it’s own thing, don’t take your eye off the fundentals. The story from The Vancouver Sun noted below has some of those key considerations. To see if homeownership will work for you, contactthe Angela Calla Mortgage Team at 604-802-3983 callateam@dominionlending.ca http://www.vancouversun.com/business/Barbara+Yaffe+bank+Vancouver+real+estate+bubble+bursting/9478392/story.html

  How do I ensure my credit score enables me to qualify for the best possible rate? There are several things you can do to ensure your credit remains in good standing.Following are five steps you can follow: 1) Pay down credit cards. This is the #1 way to increase your credit score. 2) Limit […]

As a mortgage borrower – particularly if this is your first time embarking upon homeownership – there’s no doubt you have a load of questions related to the mortgage process. Aside from the most common questions, such as those relating to mortgage rate, the maximum mortgage amount you’ll be able to receive, as well as […]

Courtesy of Mortgage Broker News Jan 20th 2014 TD has altered the fine print in its VRM contracts for conventional mortgages – specifically around when a spike in LTV triggers demand for  a lump-sum payment or a new appraisal. Under the terms of the new clause, if, at any time and for any reason, the […]

Whether it’s your first time or your fifth time, shopping for a mortgage can often be confusing and even frustrating. Besides, who really has the time to research and compare mortgage lenders to ensure the best deal? Then there are all those crazy terms and acronyms — beacon scores, LTVs, IRDs and porting – it […]

1 Home Buyers’ Plan Qualifying home buyers can withdraw up to $25,000 (couples can withdraw up to $50,000) from their RRSPs for a down payment. Home buyers who have repaid their RRSP may be eligible to use the program a second time. Canada Revenue Agency www.cra.gc.ca Enter ‘Home Buyers’ Plan’ in the search box. 1.800.959.8287 […]

Its important to review you mortgage and outside debts to see if there is better structure that can have you saving money monthly to become debt free while planning for retirement. http://m.theglobeandmail.com/globe-investor/personal-finance/paying-down-debt-remains-top-financial-priority-of-canadians-poll/article16183098/?service=mobile To see if we can help you find the money in your mortgage contact The Angela Calla Mortgage Team at 604-802-3983 or callateam@dominionlending.ca

High-income earners may be better off holding fixed income outside their tax-sheltered accounts, for now. http://www.moneysense.ca/invest/asset-location-do-low-interest-rates-change-the-rules Looking for options for a downpayment and want to review the best mortgaeg structure for your income tax bracket? Contact the Angela Calla Mortgage Team at 604-802-3983 or callateam@dominionlending,ca

Woman are a powerhouse, according to the new stat’s from CMHC (as if we needed confirmation 🙂 Amoung people whom live alone, 65% of them are single woman! To see the full story and recent stat’s click here :http://business.financialpost.com/2013/12/18/canada-condo-market/ To review your options to purchase and get the lowest cost of homeownership contact The Angela Calla Mortgage […]