Projected Income for Medical Professional ProgramBy Scott WestlakeJuly 8, 20190 comments#projectedincomemortgage #medicalprofessionalmortgage #mortgagefordoctor #twt #thewestlaketeam #oakville #GTA When stated income mortgage programs were removed from lenders, it left a lot of clients including medical professionals looking for mortgage solutions. By bringing back a projected income program, we now can better serve the medical community that are recently licensed and have ...Read more...
Canadian Mortgage Professionals 2019 Hot ListBy Scott WestlakeFebruary 18, 20190 comments#hotlist #CMPhotlist #scottwestlake #twt #thewestlaketeam #oakvillemortgagebroker #mortgagebrokergta #mortgageadvise #luxuryrealestate Each year Canadian Mortgage Professional (CMP) accepts nominations for their "HOT LIST." They commented on this group by saying, "despite a challenging year for the broker channel, these 40 mortgage professionals managed to set the industry on fire." I am proud to say the someone ...Read more...
How To Get The Best Mortgage RateBy Scott WestlakeFebruary 6, 20190 comments#bestmortgagerate #mortgagerate #bestmortgagerateoakville #bestmortgagerategta #bestmortgageratetoronto #twt #thewestlaketeam #scottwestlake #bestmortgage #lowestmortgagerate #lowmortgagerateoakville Its not a surprise searching for the Best Mortgage Rate is always going to be a popular topic. Its a top search term in google, there are rate sites specifically positioned to promote the lowest rates and to be honest, who doesn't want the best interest rate?! Even though ...Read more...
Reverse Mortgage Oakville & GTABy Scott WestlakeFebruary 5, 20191 comments#reversemortgage #reversemortgageoakville #oakvillereversemortgage #thewestlaketeam #twt #scottwestlake #reversemortgagegta #CHIP #chipmortgage #patch #pathmortgage 1. What is a Reverse Mortgage 2. Eligibility for Reverse Mortgage 3. Qualifying for a Reverse Mortgage 4. Repaying the money you borrow 5. Cost to get a Reverse Mortgage 6. ...Answer1. A reverse mortgage is solution for home owners 55 years and older that want to access equity from their home without having to sell it. For clients that may not have the income to qualify from ...Read more...
Jumbo MortgageBy Scott WestlakeJanuary 30, 20191 comments#jumbomortgage #luxuryrealestate #jumbomortgageoakville #luxuryrealestateoakville #twt #thewestlaketeam #scottwestlake #financingluxury #largemortgage #jumbomortgageoakville #jumbomortgagegta The Westlake Team recently connected with multiple lenders to discuss Jumbo Mortgage Solutions. As a Mortgage Team that finances a lot of luxury real estate, its natural that many requests come in for large mortgages. Depending on circumstances, traditional "Jumbo Mortgage" ...Read more...
What We Do!By Scott WestlakeJanuary 28, 20191 comments#mortgagelending #mortgagebrokeroakville #mortgagebrokergta #thewestlaketeam #twt #mortgageadvise #corevalues #luxuryrealestate #lendingoakville #lendinggta I loved the process of creating a new website. Especially, when the designer asked us 3 very specific questions to help their company understand our business. They simple asked: 1. Who we are 2. What do we do, 3. Why do people want to work with us. I never ...Read more...
Mortgage insurance for Self EmployedBy Scott WestlakeJanuary 22, 20190 comments#cmhcselfemployedmortgage #selfemployedmortgagequalifications #mortgageadvise #oakvillemortgage #mortgagegta #thewestlaketeam #TWT #scotwestlake #businessforselfmortgage Apparently, self employed individuals make up roughly 15% of the Canada's labour force (noted in the CMHC link below). It is evident working in the industry as a mortgage professional, that its become difficult to apply for a mortgage. CMHC has announced that they revised ...Read more...
Mortgage ApplicationBy Scott WestlakeJanuary 18, 20191 comments#mortgageapplication #mortgageadvise #mortgageoakville #mortgagetoronto #bestrates #thewestlaketeam #twt #scottwestlake #mortgagelendinggta One of the first steps in applying for a mortgage is completing an application. A good application allows us to capture the pertinent details to fully underwrite a mortgage, be it pre-approval, purchase, refinance or renewal. So many times, we see clients take very little time ...Read more...
Gap Funding Solutions for Real Estate in TorontoBy Scott WestlakeDecember 12, 20181 comments#gap #funding #realestate #toronto #gta #lending #lenders #private #bridgeloan #thewestlaketeam #scottwestlake #privatelending #realestate #demandloan #bank #privatelending #oakville #toronto #GTA Gap Funding Lenders for Real Estate in Toronto, Oakville & GTA We define Gap financing as a non-traditional lending solution, when the client purchases a property and has not sold their existing home and cannot qualify to carry both mortgages. This is different ...Read more...
Non Traditional Mortgage Financing Toronto, Oakville & GTABy Scott WestlakeDecember 11, 20181 comments#mortgages #gta #lenders #nontraditionallending #bank #creditunion #oakvillemortgage #bestmortgagerates #thewestlaketeam #scottwestlake #lending #trustcompany #lendingsolutions #mortgage Non Traditional Mortgage Financing GTA Non Traditional Lending Solutions are becoming necessary. Between government intervention & lender policy change, clients are turning to mortgage agents/brokers for solutions. Not all clients understand the recent mortgage changes ...Read more...