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How a Rate Drop Check Could Save You Thousands

When it comes to mortgages, timing is everything, and knowledge is power. That's where the concept of a rate drop check comes in. Behind every mortgage is a story—a story of financial stress, hope, and transformation. And sometimes, all it takes is one call to change everything.


Let’s talk about something not often discussed in depth, but crucial to your financial health “a rate drop check”.


What is a Rate Drop Check?


A rate drop check is a proactive review of your mortgage rate just before your loan is finalized. Think of it as a last-minute double-check to ensure you’re not leaving any money on the table. Mortgage brokers, especially those committed to working in your best interest—not the lenders—keep an eye on daily rate fluctuations. If a better rate becomes available that matches your financial profile, they’ll lock it in before you sign the final papers.


Real-Life Impact, Real Savings


Gurinder reached out to the Angela Calla Mortgage Team after hearing about their reputation on CKNW. He was preparing to purchase a new home and wanted to work with professionals who were as detail-oriented as he was.


What stood out most in his journey? The team’s ability to secure a last-minute rate drop that saved him $1,745 every single month, or over $20,000 per year in his pocket. All from one extra step most banks simply don’t offer.


Gurinder was able to redirect thousands of dollars annually into retirement planning and investment opportunities—all from a single mortgage adjustment.


Helping Families Stay in Their Homes


Then there’s Monica, a single woman in her 50s from Surrey, overwhelmed with debt and terrified she might lose her home. She thought her only option was to sell and live in her car.

One phone call changed everything. After reaching out to the Angela Calla Mortgage Team, our team restructured her mortgage and reduced her monthly payments by $3,927. Monica didn’t have to sell her home or pick up a second job. Instead, she kept her house and regained control of her life.


She told us, “With one phone call, it changed everything.”


Planning Pays Off


Meet Jeff and Brianna from Port Coquitlam. They had a three-year plan, worked with a financial advisor referred by Angela Calla Mortgage team, and bought their first home after diligently saving and following expert guidance. They downloaded the app, played with the calculators, asked questions, and got pre-approved with ease. Their story proves that with the right strategy and support, even first-time buyers can thrive in today’s market.



Why Mortgage Advice Matters


At first glance, a mortgage might seem like just a big loan. But in the right hands, it’s a financial tool that can unlock wealth, freedom, and security.


A good mortgage strategy includes:

✅ Rate drop checks

✅ Proactive debt restructuring

✅ Financial planning partnerships

✅ Ongoing support—long after you move in


The Angela Calla Mortgage Team doesn’t just find you a mortgage—they create a mortgage plan tailored to your evolving life. And the rate drop check is just one part of that. From helping reduce debt and improve cash flow to connecting clients with trusted advisors for investments and insurance.


Don’t Leave Money on the Table


If you’ve been sitting on the sidelines, unsure whether it's the right time or if you can even qualify, don’t wait. Whether you're buying your first home, refinancing, or just looking for a better deal, reach out. You deserve mortgage advice that works for you, not the banks.

A mortgage isn’t a one-time transaction; it’s a long-term relationship with your finances. And the right mortgage broker ensures that the relationship works in your favor. If you haven’t done a rate drop check before closing on your mortgage, you could be missing out on significant savings.


Let us help for your future. One call, one plan, one life-changing opportunity


The Angela Calla Mortgage Team is here to support your journey at no cost to you. 


Visit Angelacalla.ca and contact our team at 604-802-3983 or email us at callateam@countoncalla.ca to get started!


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Angela Calla is a mortgage renewal and debt elimination expert with over 20 years of industry experience. She is also a multi-award-winning mortgage professional. Since beginning as a mortgage broker in 2004, Angela has helped thousands of Canadians optimize their mortgage strategies, eliminate debt, and build wealth through real estate.

She is the best-selling author of The Mortgage Code, which equips readers with the tools to make informed financial decisions. Additionally, she is the host of Canada’s longest-running finance radio show on CKNW, where she simplifies mortgage advice and empowers listeners to take control of their financial futures.

Angela has been recognized as Business Leader of the Year (2020) by the Tri-Cities Chamber of Commerce and Entrepreneur of the Year (2019) by the City of Port Coquitlam. She is also a sought-after speaker and educator, delivering accredited training for real estate boards across Greater Vancouver.

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