Mortgagebroker - Blog - The Westlake Team

What is the First Time Homebuyer Incentive?.

By Scott WestlakeMarch 30, 20230 comments

#Firsttimebuyer #homebuying #whyuseamortgagebroker #mortgagebroker #buyinghome

The first-time homebuyer incentive program is a shared-equity mortgage with the Canadian government that helps qualified first-time buyers reduce their monthly mortgage payments to better afford a home! The Incentive: This program allows you to obtain an incentive from the government ...Read more...

Why You Should Consider Using A Mortgage Broker

By Scott WestlakeDecember 15, 20220 comments

#firsttimebuyer #homebuying #whyuseamortgagebroker #mortgagebroker #buyinghome

If you're considering a mortgage, you may be wondering whether you should use a mortgage broker to help you with your home loan. The short answer is: yes! Here are a few reasons why using a mortgage broker can be beneficial for homebuyers: A mortgage broker can save you ...Read more...

Scott Westlake Enters DLC Hall of Fame

By Scott WestlakeAwardsNovember 15, 20210 comments

#sales #halloffame #2M #550 #mortgagebroker #TWT #DLC

We are super proud to announce that our Founder & Team Lead, Scott Westlake recently became a member of the Dominion Lending Centres Hall of Fame. This award is presented to Mortgage Brokers & Agents that fund a minimum of 550 mortgages and bring in a minimum ...Read more...

Renewing Your Mortgage

By Scott WestlakeNovember 10, 20210 comments

#renewingyourmortgage #mortgagerenewal #mortgagebroker #DLC #TWT #SW

Did you know? Close to 70 percent of mortgages never make it to the end of their term! This means that, for a variety of reasons, homeowners are ending their mortgages early. However, that still leaves a solid 30 percent of home buyers who keep their mortgage until the term is up ...Read more...

Working With A Mortgage Broker

By Scott WestlakeAugust 30, 20210 comments

#whyworkwithmortgagebroker #DLC #TWT #SW #firstnational #SW

A video from First National on why working with a Mortgage Broker AND with the right Lender can make a significant difference in your life! To connect with a broker from Dominion Lending Centres - TWT email scott@thewestlaketeam.com 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...

The Backyard Wedding (Lifestyle Piece)

By Scott WestlakeMay 27, 20210 comments

#lifestyle #backyardwedding #mortgagebroker #SW #TWT #DLC

We chose to share this piece because we often get caught up in the numbers and paperwork to get a mortgage arranged for our customers. However, buying real estate and arranging the mortgage is not a transaction but a life event. Purchasing a home can lay the foundation for many ...Read more...

Recently Funded - Projected Income For Physicians Dentists and Veterinarians scott

Recently Funded - Projected Income For Physicians, Dentists & Veterinarians scott

By 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...

Everything You Need To Know About The Down Payments Process When Buying Real Estate

By Scott WestlakeMay 19, 20210 comments

#downpayment #mortgagebroker #SW #TWT #DLC

For more information or to apply for your next mortgage, purchase, refinance, renewal or switch, contact scott@thewestlaketeam.com or 416-436-1135. Getting the Down Payment Down. A down payment is one of the most essential aspects of every mortgage application ...Read more...

Recently Funded - Property Acquistion + Construction Capital For Multiple Triplexes

By Scott WestlakeMy PortfolioApril 23, 20210 comments

#constructionmortgage #constructionfinancing #mortgagebroker #mortgagebrokerage #twt #SW

TWT Recently funded a mortgage to acquire a property and additional approved the construction capital for multiple triplexes. 70% Loan To Value on the acquisition of an existing property that will be demolished. Construction capital based on "as if" value and ...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...

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...

Spring Magazine Now Available Online

By Scott WestlakeMarch 26, 20210 comments

#sw #twt #dlc #scottwestlake #luxuryrealestate #luxurymortgagespeicalist #mortgagebroker

This quarter, The Invidiata magazine is all home and design. The magazine continues to bring you the best in luxury real estate and lifestyle, while also featuring designers, home essentials, trends and more. As a busy mortgage brokerage, The Westlake Team helps ...Read more...

What Does Canada’s Aging Population Mean for the Real Estate Market?

By Scott WestlakeFebruary 8, 20210 comments

#agingpopulation #realestate #mortgagebroker #mortgageinfo #scottwestlake #twt

I’ve got good news and bad news. The bad news is: we’re not getting any younger. The good news is: we’re not going away anytime soon, either, as life expectancy for Canadians is higher than ever before! At least, I think that’s good news—check ...Read more...