Oakville Housing Market Outlook and An Oakville Mortgage Brokers Perspective

Oakville Housing Market Outlook & An Oakville Mortgage Brokers Perspective

By Scott Westlake0 comments
"Re/Max is forecasting continuing balance conditions for the Oakville housing market in 2020."     What we look at is a Mortgage Brokerage is whats driving demand.  According to the statistics below, "move-up-buyers" are driving this demand.  The reason this is ...Read more...
Luxury Home Mortgage Advisor Update - How This Student Generated an Extra 50000 in 1-Week

Luxury Home Mortgage Advisor Update - How This Student Generated an Extra $50,000 in 1-Week

By Scott Westlake0 comments
Its been 4 weeks and 4 calls since I took a more active roll in the Luxury Home Mortgage Advisor program and we already have a terrific success story! Read below on how one of our students Generated an Extra $50K in 1 week! For more information visit https://www.luxuryhomemortgageadvisor.com/ and ...Read more...
Another Success Event with TWT

Another Success Event with TWT

By Scott Westlake0 comments
We had a terrific event this past Saturday October 5, handing out pumpkins, face painting and other activities for those in the community visiting Norton Park in Burlington.  Check out a few of the pictures and let us know if you would like to be at any of our future events. ...Read more...
A Night of Networking and Entertainment at an Exclusive Car Lounge

A Night of Networking & Entertainment at an Exclusive Car Lounge

By Scott Westlake0 comments
The Westlake Team is a proud sponsor of this October's Luxury Networking Event. We are happy to be apart of The Preferred Network and look forward to wrapping up another great year in financing Luxury Real Estate.    The Westlake Team has consistently provided solution based ...Read more...
Purchase Plus Improvements

Purchase Plus Improvements

Have you ever walked through a home thats almost perfect.  If you could only renovate one of the washrooms or them all.  Update the Kitchen or make the Laundry Room more functional.  These renovations often happen while living in the home but few people realize we can ...Read more...
Minimum Down Payment Requirements

Minimum Down Payment Requirements

By Scott Westlake0 comments
Explanation of minimum down payment requirements:   Purchase price between $1 - $500,000 = 5% minimum down payment    Example - a purchase price of $400,000 is a minimum down payment of $20,000   Purchase price between $500,000 - $999,999 = Blended down payment    The ...Read more...
Canadian Mortgage Professionals 2019 Hot List

Canadian Mortgage Professionals 2019 Hot List

By Scott Westlake0 comments
Each year Canadian Mortgage Professional (CMP) accepts nominations for their "HOT LIST."  They commented on this group by saying, "despite a challenging year for the broker channel, these 40 mortgage professionals managed to set the industry on fire." I am proud to say the someone ...Read more...
Top 35 under 35

Top 35 under 35

By Scott Westlake0 comments
I recently came across and article (below) I forgot was written.  Back in 2016 I was thrilled to be nominated and awarded as on of the TOP 35 Mortgage Brokers under the age of 35. The reason this meant a lot to me, is I entered the market fairly young - in my mid 20's after finishing ...Read more...
How To Finance Luxury Real Estate

How To Finance Luxury Real Estate

By Scott Westlake0 comments
When Financing Luxury Real Estate its important to work with a team that has experience working similar files, especially if the mortgage amount is getting North of $1mil.  We get a lot of calls from Private Bankers, Wealth Managers, Top Performing Realtors, Lawyers and even ...Read more...
Q and N with Scott Westlake on Mortgages

Q & N with Scott Westlake on Mortgages

By Scott Westlake1 comments
1. How do I get the best rate   2. How long does it take to get pre-approved   3. What documents are needed for a mortgage   4. Do you like brokering better than being a banker   5. ...Answer1. Just ask.  We constantly are finding the best rates for our clients.  I just like to emphasize the importance in finding the best rates for YOU.  We have a free mortgage app that publishes ...Read more...
February 2019 Mortgage Newsletter

February 2019 Mortgage Newsletter

By Scott Westlake0 comments
This February we touch on the ABC's of Alternative Lending and the idea of if "we" are qualified to help qualify you for a mortgage.  We also provide a homeowners tip on insurance and provide some additional information on who is DLC along with who is The Westlake Team if you ...Read more...
Jumbo Mortgage

Jumbo Mortgage

By Scott Westlake1 comments
The Westlake Team recently connected with multiple lenders to discuss Jumbo Mortgage Solutions.  As a Mortgage Team that finances a lot of luxury real estate, its natural that many requests come in for large mortgages.  Depending on circumstances, traditional "Jumbo Mortgage" ...Read more...
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