Reverse Mortgage Oakville & GTABy Scott WestlakeFebruary 5, 20191 comments#reversemortgage #reversemortgageoakville #oakvillereversemortgage #thewestlaketeam #twt #scottwestlake #reversemortgagegta #CHIP #chipmortgage #patch #pathmortgage 1. What is a Reverse Mortgage 2. Eligibility for Reverse Mortgage 3. Qualifying for a Reverse Mortgage 4. Repaying the money you borrow 5. Cost to get a Reverse Mortgage 6. ...Answer1. A reverse mortgage is solution for home owners 55 years and older that want to access equity from their home without having to sell it. For clients that may not have the income to qualify from ...Read more...
Jumbo MortgageBy Scott WestlakeJanuary 30, 20191 comments#jumbomortgage #luxuryrealestate #jumbomortgageoakville #luxuryrealestateoakville #twt #thewestlaketeam #scottwestlake #financingluxury #largemortgage #jumbomortgageoakville #jumbomortgagegta 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...
Mortgage insurance for Self EmployedBy Scott WestlakeJanuary 22, 20190 comments#cmhcselfemployedmortgage #selfemployedmortgagequalifications #mortgageadvise #oakvillemortgage #mortgagegta #thewestlaketeam #TWT #scotwestlake #businessforselfmortgage Apparently, self employed individuals make up roughly 15% of the Canada's labour force (noted in the CMHC link below). It is evident working in the industry as a mortgage professional, that its become difficult to apply for a mortgage. CMHC has announced that they revised ...Read more...