🏡✨ Exciting News for Our Clients! ✨🏡By Scott WestlakeFebruary 7, 20250 comments#HomeEquity #CreditLines #FinancialFreedom #InvestSmart #DebtConsolidation #Ontario #RealEstateFinance #FlexibleCredit #BusinessFunding Home equity lines of credit are nothing new in the residential prime lending space, where we do significant business. However, when it comes to private channels, traditional funds require full advancement at closing, accumulating interest from day one and require monthly payments. ...Read more...
4 Key Things to Know about a Second Mortgage.By Scott WestlakeFebruary 1, 20230 comments#secondmortgage #privatelending #homeequity #refinance A second mortgage is a mortgage that is taken out against a property that already has a home loan (mortgage) on it. Generally people take out second mortgages to satisfy short-term cash or liquidity requirements, have an investment opportunity or to pay off higher-interest debts (such ...Read more...
How To Support Your Family Without Jeopardizing Your RetirementBy Scott WestlakeOctober 22, 20200 comments#reversemortgage #homeequity #heloc #accessequity #equitymortgage #twt #scottwestlake According to a study by Finder.com 67.7% of Canadian parents assist their adult children financially. There are many reasons why our clients may need to help out a family member, however, its important that they do so without jeaprodizing their retirement. Below, we look at ...Read more...
How & Where To Access Mortgage Capital & More...By Scott WestlakeApril 29, 20200 comments#mortgagecapital #homeequity #reliefcapital #governmentrelief #mortgaegadvise #twt #dlc Over the last 6 weeks there has naturally been a large increase in inquiries from Canadian's looking for access to Mortgage Capital or other sources of capital. As a Mortgage Brokerage that has access to many forms of Mortgage Capital we want to share some different avenues ...Read more...