Scottwestlake - Blog - The Westlake Team

Housing Dampened Economy in Q2

By Scott WestlakeAugust 31, 20210 comments

#economicupdate #drsherrycooper #mortgagerates #August2021 #SW #TWT #DLC #scottwestlake

For more information on how this article impacts your current or future mortgage needs, contact scott@thewestlaketeam.com This morning's Stats Canada release showed ...Read more...

Tournament of Hope

By Scott WestlakeAugust 25, 20210 comments

#charitblecontribution #giving #community #SW #scottwestlake #TWT #DLC

TWT had a terrific day at The Tournament of Hope supporting Radius Youth & Child Services. This is now back to back Monday's supporting great charitable organizations. The previous Monday we were out supporting the Oakville Hospital Foundation. Each month TWT selects ...Read more...

The Westlake Team (TWT) Monthly Charitable Contibution

By Scott WestlakeCharityAugust 13, 20210 comments

#charitblecontribution #giving #community #SW #scottwestlake #TWT #DLC

Each month, The Westlake Team, TWT makes a donation to an organization thats important or impacted our mortgage brokerage, clients, referral sources or community. This year we have supported, 100 Brokers Who Care, Kerr Street Mission, Zonta, Radius & Oakville Hospital Foundation. ...Read more...

Choosing Your Mortgage Broker.

By Scott WestlakeAugust 10, 20210 comments

#mortgagebroker #scottwestlake #SW #dlc #twt

There is a little doubt that the biggest purchase of your life will be your home. When embarking on your homeownership journey, having the right support and information will make all the difference. Fortunately, a mortgage broker can help! With access to more than 230 lending institutions ...Read more...

Canada's Jobs Recovery Continued in July

By Scott WestlakeAugust 7, 20210 comments

#economicupdate #drsherrycooper #mortgagerates #June2021 #SW #TWT #DLC #scottwestlake

Canada’s labour market continued its recovery in July as health restrictions were lifted, but the gains were shy of expectations. The report signals the economic rebound is ...Read more...

Are We Starting To See A Slowdown In Canadian Housing

By Scott WestlakeMay 18, 20210 comments

#economicupdate #drsherrycooper #mortgagerates #Mayhomesales #SW #TWT #DLC #scottwestlake

For more information on this article or to connect with our team for your upcoming mortgage needs, contact scott@thewestlaketeam.com Starting to See a Slowdown in Canadian ...Read more...

Trudeau Opens the Spigots for Social Spending, Income Support, and a Green Economy.

By Scott WestlakeApril 21, 20210 comments

#DrSherryCooper #DLC #SW #TWT #scottwestlake #federalbudget #mortgaegnews

For more information on how the budget impacts your current or future mortgage needs, please contact scott@thewestlaketeam.com Chrystia Freeland’s First Budget is As Promised In more than two years, the first federal budget extends Ottawa’s COVID-19 “lifeline” ...Read more...

$2M Inter Alia Mortgage - Cottage Land Acquisition

By Scott WestlakePortfolioApril 20, 20210 comments

#land #landfinancing #acquistionfinancing #constructionmortgage #SW #TWT #scottwestlake

TWT recently closed on a $2M Inter Alia Mortgage facility in Muskoka in under 1 week. Our client approached us to purchase land and required 100% financing. Land typically finances around 50-65% loan to value. We cross collateralized another asset to secure the $2M lending ...Read more...

Home Buyer Guide

By Scott WestlakeApril 14, 20210 comments

#homebuyingguide #cmhcbuyingguide #dlc #twt #SW #scottwestlake

For a copy of the CMHC home buying guide, please email scott@thewestlaketeam.com Market Smarts: Home Buying Guide. The Canada Mortgage and Housing Corporation (CMHC) is one of Canada’s three mortgage insurers. Beyond insuring mortgage, CMHC also offers consumer ...Read more...

Relocate or Renovate.

By Scott WestlakeApril 12, 20210 comments

#renovation #purchase #mortgagebroker #mortageadvise #DLC #TWT #SW #scottwestlake #HGTV

For more information on how to obtain the right mortgage for you, be it renovation or purchasing a new home email scott@thewestlaketeam.com or call 416-436-1135 Relocate or Renovate. Like Lighting in a Bottle. That’s how Todd Talbot describes the chemistry between ...Read more...

Banking Regulator Aims To Make It Tougher To Get An Uninsured Mortgage

By Scott WestlakeApril 9, 20210 comments

#mortgagestresstest #mortgaegqualification #twt #dlc #sherrycooper #scottwestlake

For more information on how this impacts your future or current mortgage, be it purchase, refinance or renewal, email scott@thewestlaketeam.com or call or text 416-436-1135 ...Read more...

Monthly Mortgage Newsletter - April 2021

By Scott WestlakeMonthly NewsletterApril 7, 20210 comments

#monthlymortgagenewsletter #mortgagenews #twt #scottwestlake #dlc

For more information on working with Scott Westlake, one of our agents or joining our team, email scott@thewestlaketeam.com or text 416-436-1135 ...Read more...

The Role of a Mortgage Broker

By Scott WestlakeApril 2, 20210 comments

#mortgagebroker #scottwestlake #mortgageproscan #dlc #twt

"VANCOUVER -- The housing market in Metro Vancouver has continued to remain red hot, despite there being a worldwide pandemic. A very similar story is being played out across Canada. Paul Taylor, president of Mortgage Professionals Canada, shared that a lack of inventory ...Read more...

How To Get A Mortgage When You Are Self Employed

By Scott WestlakeMortgage ServicesApril 1, 20210 comments

#businessforself #scottwestlake #twt #dlc

Obtaining a mortgage when self employed can seem complicated, especially in a market with limited inventory and multiple offers. This often doesn't allow for offers with conditions and clients with complicated income may require that condition period to help ensure they qualify for ...Read more...