Is the BC HOME Partnership Program Right For You? Courtesy of DLC associate Pam Pinkert  The BC HOME Partnership Program was created for first time home buyers who have good credit and good income but do not meet the requirements for a minimum 5 percent down payment.  With at least 2.5% down payment the BC […]

Hear Kim of #mapleridge & her family of 6 share how Angela Calla Mortgage Team saved them over $1,200.00 dollars each month by redoing their #mortgage. Their future is much brighter now. 4 teenagers & running a business & still doing charity work for others in there community & abroad. Such an amazing family, an […]

Hear from Sean & Lynn of #langley we helped save $800/month by redoing their mortgage. We helped them buy their 1st home. A wedding & 2 kids later & a few years, that savings sure comes in handy. Especially tax free and they didn’t have to work any more hours in the day (whch how […]

Intelligently shopping for a mortgage is nearly impossible.  The terms all appear to be the same, you are bombarded with marketing, and in some cases you’re offered confusing bundle offers that sound amazing.  For years, clients have falsely thought it was all about the best “rate”.  Newsflash!!!  The rate is only a small part of […]

CMHC to Increase Mortgage Insurance Premiums OTTAWA, January 17, 2017 — CMHC is increasing its homeowner mortgage loan insurance premiums effective March 17, 2017. For the average CMHC-insured homebuyer, the higher premium will result in an increase of approximately $5 to their monthly mortgage payment. “We do not expect the higher premiums to have a significant […]

It’s official. The B.C. government has announced a hefty increase for the homes owners grant threshold to match the large increase in property assessments in Metro Vancouver Finance Minister Mike de Jong says the Homeowners Grant is being increased from $1.2-million to $1.6-million, an increase of 33% from last year. See the full story here: http://www.cknw.com/2017/01/09/homeowner-grant-threshold-will-go-up/  […]

  Your Credit Score that the lenders use, not to be mistaken by the Credit Risk Score you see when you check your own credit, is one aspect of determining your borrowing power. The better your score, the length of established credit and your payment history the better when it comes to mortgage financing. Let’s […]

Life can definitely throw some challenging financial situations your way. As independent mortgage professionals, we can provide solutions and strategies during or after these challenging times in order to get you back on track.   We have access to banks, trust companies and mortgage companies that specialize in this transitional period to help you move forward […]

Lender Update December 22, 2016 Subject: BC HOME Partnership Program On December 15, 2016, the BC government announced a new initiative to assist eligible first-time homebuyers. The BC Home Owner Mortgage and Equity (HOME) Partnership program provides repayable loans, to be secured by a second mortgage, up to a maximum 5% (capped at $37,500) of […]

HOW TO GET A MORTGAGE WHILE BEING SELF EMPLOYED IN CANADA There are great advantages to having business for self. There are many extremely successful business owners that live great lifestyles but don’t have to pay for medical, all because they have great tax write-offs that bring their income down to a low tax bracket. […]