Recently Funded - Luxury Condo - Net Worth Lending ProgramBy Scott WestlakeMy PortfolioApril 30, 20210 comments#networthmortgage #highnetworthmortgage #networthlending #SW #TWT TWT Recently Funded a Residential Mortgage for a luxury condominium in Toronto. -$2,500,000 Mortgage -Roughly 73% loan to value (LTV) -Sub 2% interest rate -No set up fee TWT used a Net Worth Program to help approve the mortgage. Net Worth Mortgages allow clients to ...Read more...
Recent Transaction - Net Worth Mortgage Explained $2mil MortgageBy Scott WestlakeJune 7, 20190 comments#networthmortgage #oakvillemortgagebroker #gtamortgage #scottwestlake #twt #thewestlaketeam We recently funded one of the first mortgages under a new Net Worth Mortgage Program. BackStory: Our client had large investments in marketable securities. The client is business for self and had been taking a draw from and investment portfolio held within a corporate ...Read more...
Net Worth MortgageBy Scott WestlakeApril 24, 20190 comments#networthmortgage #networth We are pleased to announce our net worth lending program is back! This program is designed to provide additional mortgage solutions to customers with moderate incomes who have a significant amount of verifiable liquid assets and strong credit scores. Asset Requirements: -Minimum ...Read more...