Recent Funding - Pre Construction Mortgage SolutionBy Scott WestlakeMy PortfolioMay 11, 20230 comments#preconstructioncondo #preconstruction #condopurchase A condo buyer approached us a month back. They had been "pre-approved" 3 years prior to the anticipated registration of their condo they purchased under pre-construction. With only weeks notice, the buyer was advised by the condo corp that the building was being registered and ...Read more...
Residential Construction Financing: Understanding the FundamentalsBy Scott WestlakeFebruary 13, 20230 comments#constructionfinancing #construction #homereno #building #homerenovation #buildingloan #construction Building a home can be one of the most exciting and fulfilling experiences of a person’s life. However, financing the construction process can be challenging, particularly for first-time homebuilders. In this blog post, we will discuss the fundamentals of residential construction ...Read more...
Construction Financing For End Users...By Scott WestlakeJanuary 15, 20230 comments#constructionfinancing #tarion #buildermortgge #building #construction Construction Financing: Your Guide to Building Your Dream Home Are you ready to build your dream home? One of the most important steps in the process is securing construction financing. This type of financing is different from a traditional mortgage and can seem daunting for first-time ...Read more...
Recently Funded - $1.2M Home Renovation LoanBy Scott WestlakeMay 11, 20220 comments#homerenovation #construction #renovationloan #purchaseplusimprovement TWT Recently funded a credit facility to help renovate our clients kitchen, main floor and primary restroom, add a 3 season room and landscape. Our clients approached us to pre qualify them for a new home. After months of searching the market they could not find the right property ...Read more...
Recently Funded - $2M Construction FacilityBy Scott WestlakeMarch 2, 20220 comments#portfolio #construction #constructionmortgage TWT Recently Funded a $2M credit facility. Up to 80% of the as-completed value of the home 65% of the land value released upon registration. Remaining funds draws based on the percentage complete. Interest only charged on the funds advanced to-date ...Read more...
10 Great Reasons to use a Mortgage BrokerBy Scott WestlakeFebruary 17, 20200 comments#10reasonstousemortgaegbroker #twt #thewestlaketeam #scottwestlake #mortgagebroker #realestate #luxurybroker #purchase #preapproval #refinance #construction #commercial #renewal Here are 10 great reasons why you should consider a Mortgage Broker for your next Mortgage! Be it purchase, refinance, renewal, residential, commercial, private or construction - here are 10 reasons why you need a Mortgage Broker in your corner. To connect with one of ...Read more...
Residential, Commercial & Construction MortgagesBy Scott WestlakeApril 2, 20191 comments#residential #commercial #construction #marketing #advertisement #oakvillegala We recently participated in the Oakville Awards Gala, recognizing a lot of great businesses and entrepreneurs in our community, including yours truly, nominated for Young Entrepreneur of the Year. One of the marketing partners created this advertisement for the brochure that ...Read more...
Niche Mortgage Lending Solutions in Toronto, Oakville and rest of GTABy Scott WestlakeDecember 13, 20181 comments#niche #lenders #toronto #mortgages #construction #landacquistion #affluentlending #luxuryrealestate #mortgagesolutions #nichelending #thewestlaketesm #scottwestlake #mortgagebroker #bank #creditunion Niche Mortgage Lenders in Toronto Over the past few years, Niche lending solutions have become very popular. We define niche lenders as solution providers in the mortgage lending space that offer more unique solutions that what is considered the norm. For example, there ...Read more...