Facts About Using a Guarantor.By Scott WestlakeNovember 23, 20220 comments#guarantor #cosignor #mortgageadvise In the mortgage world, a “guarantor” is someone who guarantees the mortgage on behalf of the mortgage holder in the case that the mortgage holder cannot pay back the loan. Typically, a guarantor is used in a situation where the buyer has damaged or poor credit history ...Read more...
The Art of Leveraging Through Real EstateBy Scott WestlakeNovember 3, 20210 comments#leveraging #rentals #mortgageadvise #SW #TWT #DLC For some people, just owning one property and having a single mortgage is enough to handle. But there may be no better way to grow your net worth than real estate. You might not realize homeownership can be a gateway to owning multiple investment properties. You might be thinking: ...Read more...
Downsizing Your Home.By Scott WestlakeSeptember 30, 20210 comments#downsizing #mortgageadvise #retirement #SW #TWT #DLC Moving to a larger house is not the only time that things can change with your home and mortgage. Sometimes there comes a point when owning a home becomes a little too much to handle; or maybe you’re an empty-nester and no longer need three extra bedrooms. Whatever the reason, ...Read more...
The Mortgage Financing Process.By Scott WestlakeJuly 14, 20210 comments#homebuyerprocess #FTHB #firstimebuyer #mortgaegbroker #mortgageadvise #SW #TWT #DLC The Mortgage Financing Process. The number one question for any potential homebuyer or someone new to the mortgage process is “what does this process entail?”. The following is a simple outline to give you an idea of the process and help you understand what to expect as ...Read more...
Moving on UP!.By Scott WestlakeJune 17, 20210 comments#mortgageadvise #mortgageapproval #SW #DLC #TWT Life is constantly changing from your career to your family as we climb up the ladder of life. With these life changes, your current home may no longer be working for you. Whether you’re cramped in your tiny apartment or have a little one on the way, it may be time to look at ...Read more...
The 5 Most Common Roadblocks During The Mortgage Approval Process?By Scott WestlakeJune 14, 20210 comments#mortgageadvise #mortgageapproval #mortgageroadblocks #SW #DLC #TWT For more information on working with our team, please contact us --> scott@thewestlaketeam.com When in the process of buying a home, there is nothing worse than having your mortgage broker or lawyer call and say “there is a problem”. If you have found your ...Read more...
10 Steps to Home Sweet Home.By Scott WestlakeJune 11, 20210 comments#homesweethome #mortgageadvise #mortgageadvise #SW #TWT #DLC 10 Steps to Home Sweet Home. Congratulations! There is nothing more exciting than moving into a new home. Whether a new building or re-sale property, there are a few things you can do as soon as you take possession in order to make it your own. Invest a weekend or two into warming ...Read more...
Recently Funded - Projected Income For Physicians, Dentists & Veterinarians scottBy Scott WestlakeMy PortfolioMay 21, 20210 comments#TWT #DLC #SW #mortgageadvise #mortgagebroker TWT funded a mortgage for a physician who recently completed their residency. We were able to use the clients projected income to help qualify for their mortgage. Similar programs are available for Dentists & Veterinarians in their final year of residency, fellowship, ...Read more...
A part of the journeyBy Scott WestlakeJanuary 8, 20210 comments#mortgageadvise #mortgagebroker #partofthejourney #twt #scottwestlake #dlc At The Westlake Team, Dominion Lending Centres - we want to be your trusted advisor through every stage of your home-buying journey. Learn how our team can shop the market, so that you obtain the best mortgage financing options available to you. Pre-Approval, Purchase, Refinance ...Read more...
Why Chose A Mortgage Broker To Work With In 2021!By Scott WestlakeJanuary 7, 20210 comments#mortgageproscanada #whyworkwithamortgagebroker #mortgageadvise #mortgagebroker #twt #scottwestlake #dlc Why Choose a Broker? For many Canadians, the purchase of a home is likely the biggest financial investment decision they will make in their lifetime. To help realize the dream of homeownership, you'll want to work with a professional mortgage broker who will offer sound, professional ...Read more...
Planning For A Mortgage In 2021 - Everything You Need To Know & More!!!By Scott WestlakeDecember 18, 20200 comments#planningforamortgage #mortgageprep #mortgagebroker #mortgageadvise #FTHB #firstimebuyer #scottwestlake #dlc Planning for a mortgage. What you need to know and how Scott & his team can help! scott@thewestlaketeam.com 416-436-1135 Understanding your Credit Score One of the important factors in home ownership is understanding things like your credit score. ...Read more...
Ultimate Checklist for Selling Your Home.By Scott WestlakeDecember 15, 20200 comments#sellingyourhome #mortgageadvise #mortgagebroker #dlc #twt #scottwestlake Ultimate Checklist for Selling Your Home. Selling your home can be an extremely stressful experience. Between thinking about moving logistics and financials, it’s easy to miss the small details in between the process. With that in mind, we’ve built this checklist for selling ...Read more...
Getting Your Home Winter Ready.By Scott WestlakeNovember 25, 20200 comments#homeadvise #gettinghomewinterready #twt #dlc #scottwestlake #mortgaebroker #mortgageadvise Winter is coming… With the changing of the seasons, it can be a good time to take stock of your home and ensure you are ready for the winter and it’s colder weather. To help you feel more comfortable, save on bills and prevent future repair costs, there are some simple ...Read more...
Mortgage Rate Holds ExplainedBy Scott WestlakeNovember 6, 20200 comments#mortgageratehold #ratehold #mortgageadvise #scottwestlake #twt #dlc Rate Holds Explained. If you shopping for a home, or have worked with a mortgage professional in the past, you’ve most likely heard of rate holds before. If not, it is something that every potential homeowner should be aware of. This is especially true for the application process ...Read more...
Sagen 2020 HOMEOWNERSHIP & FINACNIAL FITNESS STUDYBy Scott WestlakeNovember 2, 20200 comments#sagen #genworth #canadiansurvey #mortgageadvise #mortgagesurvey #twt #scottwestlake Prior to COVID-19, Canadians and Canadian homeowners were showing their strongest financial fitness to date. Social isolation, job loss, remote work and other sacrifices resulted in a decline on Canadians’ financial fitness overall, but by less than it certainly would have been ...Read more...
Monthly Mortgage Newsletter October 2020By Scott WestlakeOctober 7, 20200 comments#monthlymortgagenewsletter #mortgageadvise #twt #thewestlaketeam #Mortgagebrokerageh Welcome to our monthly mortgage newsletter! On a monthly basis we try to update our clients and referral sources with market relevant information to help support whats happening in the world of mortgages & home ownership that might be relevant to you! This month we ...Read more...