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...
Benefits of Home Ownership.By Scott WestlakeMay 2, 20220 comments#homeownership #benefitsofhomeownership #equity So, you have decided to utilize your buying power in the Canadian retail market and are looking to purchase a home – congratulations! This is a great step towards ensuring your future. As a potential homeowner, there are some amazing benefits that we think you should be aware ...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...