🏡✨ 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...
10 “Must Know” Credit Score Facts.By Scott WestlakeNovember 30, 20220 comments#creditreports #credit #creditrating #creditscore If you are in the market for a home or a new car, you are probably very familiar with your credit score. Lenders are one of the primary users of credit scores and it can have a huge impact on whether you get approved for a loan and just how much interest it is going to cost you. What ...Read more...
How & Why Credit Matters To Mortgage LendersBy Scott WestlakeMarch 28, 20220 comments#credit The Credit Challenge. For most people, credit score isn’t something you spend much time thinking about. Especially if you are someone who is making good money and paying all your bills on time. When you are in that boat, it feels pretty good! But, when you miss a payment or ...Read more...
Alternative MortgagesBy Scott WestlakeOctober 25, 20210 comments#credit #alternativemortage #alternativelending #privatelending #DLC #SW #TWT If you love the content we provide, you can subscribe to our mailing list: https://lp.constantcontactpages.com/%20su/lkc6q9O There’s Always an Alternative. When it comes down to getting approved for a mortgage, there are a lot of factors and not everyone will ...Read more...
How Credit Impacts Your Next MortgageBy Scott WestlakeSeptember 28, 20210 comments#fourc #credit #mortgage #SW #TWT #DLC Buying your first home is an incredible step in life, but it is not without its hurdles! One of which is demonstrating that you are creditworthy, which all comes down to your credit rating. This is how lenders and credit agencies determine the interest rate you pay, or whether you ...Read more...
Recently Funded - HELOC - Mortgage & Line of CreditBy Scott WestlakeMy PortfolioJuly 27, 20210 comments#portfolio #recentlyfunded #HELOC #lineofcredit #SW #TWT #DLC TWT Recently funded $1.6M HELOC. A HELOC is a home equity line of credit. However, just because we put a HELOC in place doesn't, doesn't mean its all line of credit. In this particular circumstance our client qualified for a total limit of $1,600,000 in lending. ...Read more...
Credit Counselling OntarioBy Scott WestlakeJanuary 15, 20190 comments#clevercredit #creditadvise #creditsolutions #credithelpoakville #creditsupport #credithelpontario #thewestlaketeam #twt #scottwestlake #creditcounsellingontario #creditneed #poorcredit #realestate Over the last year, credit has been coming up in more conversations than I recall in the past. In the past, I was never sure how to assist. Our team underwrites and review credit on a daily basis and we therefore have a higher level of sophistication when it comes to providing ...Read more...