Updates on our free mortgage appBy Scott WestlakeJuly 15, 20190 comments#mortgageapp #oakvillemortgagebroker #gtamortgage #twt #thewestlaketeam #scottwestlake Its our one year anniversary of unveiling, My Mortgage Toolbox, the free mortgage app our clients and referral sources can download and use for their home buying needs. Calculating closing costs, being able to be pre qualified in under 60 seconds or simply compare payments and search ...Read more...
How to Get the Best Mortgage!By Scott WestlakeJuly 4, 20190 comments#bestmortgage #mortgaegadvise #bestrate #constructionmortgage #selfemployedmortgage #oakvillemortgagebroker #gtamortgage #twt #thewestlaketeam #scottwestlake Defining BEST Mortgage is difficult as we all have different unique needs and requirements. To a lot of clients the best mortgage involves the best rate, which we can help find and provide to our clients. To others, the best mortgage is one than can get them the approval ...Read more...
Recent Mortgage - Refinance $640,000By Scott WestlakeJune 24, 20190 comments#refinance #mortgage #oakvillemortgagebroker #gtamortgage #twt #thewestlaketeam Backstory: Originally, the clients came to us to get pre-approved for a mortgage to buy a new home. After months of searching, reviewing their existing financing and speaking with a solid realtor that really took the clients considerations into heart, decided they could ...Read more...
Top 50 Monthly RevenueBy Scott WestlakeJune 17, 20190 comments#toprevenue #top50 #twt #oakvillemortgagebroker #gtamortgages #thewestlaketeam Very proud that we hit Top 50 Monthly Revenue throughout Q1 amongst thousands of brokers - during, what a lot of people in real estate, considered to be a slow quarter! Thanks to all our referral sources and clients! If we counted our entire teams revenue I am sure we would be top ...Read more...
Recent Mortgage - Construction Financing Cottage Country - $2,475,000By Scott WestlakeJune 17, 20190 comments#constructionfinancing #cottagemortgage #oakvillemortgagebroker #gtamortgage #twt #thewestlaketeam #muskokabuild #muskoka We had the pleasure of supporting repeat clients of ours financing another cottage build in Cottage Country. We provided both land acquisition financing to purchase the property as well as the construction financing for the cottage build out. Backstory: Clients ...Read more...
Recent Transaction - $748,000 Residential MortgageBy Scott WestlakeJune 10, 20190 comments#oakvillemortgagebroker #gtamortgage #thewestlaketeam #residentialpurchase #bestrates #mortgageteam Nothing overly complicated about this mortgage. Perhaps the way it was referred to us was flattering, but we highlight this mortgage, because our team can easily be categorized as a non-traditional or niche lending mortgage solution provider. When in fact, the most common mortgage ...Read more...
Recent Transaction - Net Worth Mortgage Explained $2mil MortgageBy Scott WestlakeJune 7, 20190 comments#networthmortgage #oakvillemortgagebroker #gtamortgage #scottwestlake #twt #thewestlaketeam We recently funded one of the first mortgages under a new Net Worth Mortgage Program. BackStory: Our client had large investments in marketable securities. The client is business for self and had been taking a draw from and investment portfolio held within a corporate ...Read more...
Recent Transaction - June 2019 - Construction Loan $2.8milBy Scott WestlakeJune 5, 20191 comments#recenttransaction #constructionfianancing #twt #thewestlaketeam #scottwestlake #mortgagebroker #oakvillemortgagebroker #gtamortgage Backstory: Land Accusation completed by purchaser in 2018, The client went through the process of deciding on builder, budget and applying for permit. -Cash buyer. No credit facility at closing. -Exit strategy is take out mortgage at completion through major institution, soft ...Read more...
Home Buyers PlanBy Scott WestlakeJune 5, 20190 comments#homebuyerplan #oakvillemortgagebroker #mortgagebroker #thewestlaketeam #twt The Home Buyers’ Plan is a Canada wide program that allows individuals to withdraw a certain amount from their Registered Retirement Savings Plans (RRSPs) for the purposes of qualifying for a home or if you are planning to help a related person who may have a disability. Currently, ...Read more...
Bank of Canada Maintains Overnight RateBy Scott WestlakeMay 30, 20190 comments#boc #bankofcanada #oakvillemortgagebroker #gtamortgage Bank of Canada Maintains Overnight Rate at 1-3/4% In a terse statement, the Bank of Canada maintained ...Read more...
Building a plan to move into your dream home!!By Scott WestlakeMay 25, 20190 comments#mortgageadvise #oakvillemortgagebroker #gtamortgage Some great advise from our partners at DLC in Quebec on building a plan to move into your dream home. There’s nothing quite like stepping into your dream home for the very first time. You have achieved your goal of homeownership! However, the journey from home seeker ...Read more...
Let us be a part of the Journey!By Scott WestlakeMay 24, 20190 comments#mortgageadvise #oakvillemortgagebroker #gtamortgage #preapproval #FTHB Buying a home can be exciting but also stressful. A good mortgage broker should help navigate the buying process from start to finish. Brokers work with multiple banks, credit unions, mono-line lenders and have access to creative lending programs. In an ever changing market ...Read more...
Monthly Mortgage Newsletter - MayBy Scott WestlakeMay 22, 20190 comments#maymonthlynesletter #mortgaegnewsletter #oakvillemortgagebroker #mortgagebrokerage Better late than never - our Monthly Mortgage Newsletter for May! We touch on how to access equity in your home, getting to know different lenders, some general home information tips and some information on our brokerage. Are team is in full growth mode, but in agents joining ...Read more...
Purchase Plus ImprovementsBy Scott WestlakeMarch 4, 20190 comments#purchaseplusimprovement #homerenovation #renovationmortgage #twt #thewestlaketeam #scottwestlake #oakvillemortgagebroker #gtamortgage #luxuryrealestate Have you ever walked through a home thats almost perfect. If you could only renovate one of the washrooms or them all. Update the Kitchen or make the Laundry Room more functional. These renovations often happen while living in the home but few people realize we can ...Read more...
How to pay off your Mortgage FASTER in CanadaBy Scott WestlakeFebruary 28, 20190 comments#mortgagetips #mortgaegeadvise #buyingahome #twt #thewestlaketeam #scottwestlake #oakvillemortgagebroker #burlingtonmortgagebroker #torontomortgage As a brokerage that originates a lot of mortgage business, I feel we have a responsibility to not only help Canadians get into their homes but also help them become mortgage free faster. Below are my tips on how you can do this! 1. Choose an accelerated mortgage payment ...Read more...
Transferring or Switching your MortgageBy Scott WestlakeFebruary 26, 20190 comments#switchmortgaeg #transfermortgage #twt #thewestlaketeam #scottwestlake #oakvillemortgagebroker #refinancingmortgage #mortgagerenewal Transferring your mortgage or switching your mortgage from one lender to another is usually done in order to take advantage of a better rate or better terms. A transfer or switch is different then a refinance. A transfer/switch is when you don't add any money to the mortgage, ...Read more...