Bank of Canada 2021 ScheduleBy Scott WestlakeNovember 30, 20200 comments#BoC #bankofcanada #oakvillemortgagebroker #gtamortgage Please see the schedule for the Bank of Canada announcements on Interest Rates & Business Outlook Survey for 2021Read more...
Get Pre Qualified for your next Mortgage in 60 secondsBy Scott WestlakeOctober 14, 20200 comments#mortgageapp #oakvillemortgagebroker #gtamortgage #twt #thewestlaketeam #scottwestlake What do all these people in our video have in common, and thousands of other happy Canadians? They have all downloaded My Mortgage Toolbox to help pre-qualify them for their home and more important obtain their home using our Mortgage Brokers. Try downloading our Free Mortgage ...Read more...
Mortgage Refinances & Mortgage Renewals - Time For a Financial Check UpBy Scott WestlakeJune 10, 20200 comments#mortgagerefinance #mortgagerenewal #oakvillemortgagebroker #scottwestlake #twt #dlc Now may be one of the better times to do a financial check up. Society has been shaken up, financial markets are volatile. Prime Lending Rate has decreased from 3.95% to 2.45%. Fixed rates have dropped, the benchmark qualifying rate has dropped & underwriting rules have ...Read more...
The Westlake Team (TWT) & Dominion Lending Centres Recognize You May Be Looking For Mortgage Advise...By Scott WestlakeMarch 23, 20200 comments#dlccommercial #covid19 #mortgageadvise #mortgagehelp #mortgagerefinance #oakvillemortgagebroker #gtamortgage At The Westlake Team (TWT), part of Dominion Lending Centres, we are deeply concerned about the Coronavirus – and we know you are too. We recognize that many homeowners may be looking for guidance around mortgage financing and our mortgage brokers are here for you today, and ...Read more...
New Benchmark Rate for Qualifying For Insured MortgagesBy Scott WestlakeFebruary 19, 20200 comments#breakingnews #qualifyingrate #twt #scottwestlake #oakvillemortgagebroker #gtamortgage Our Chief Economist Dr. Sherry Cooper shares the recent news on the new qualifying interest rate... Although the net impact, immediately, may only be 30 basis points, this is a strong message that we require a more dynamic solution that can adjust to the market place ...Read more...
Jumbo Mortgage, Oakville, GTA & MuskokaBy Scott WestlakeNovember 15, 20190 comments#jumbomortgage #largemortgage #mortgagebroker #twt #scottwestlake #oakvillemortgagebroker In 2019 we soft marketed our Jumbo Mortgage Program. We partnered up with a combination of lenders and private capital that all provide very niche lending solutions and can accommodate large mortgages north of $1m and up to $20M. A few examples of niche markets ...Read more...
Renewal Rate Shock & How To Handle It!By Scott WestlakeNovember 7, 20190 comments#mortgagerenewal #mortgagenews #mortgagerate #oakvillemortgagebroker #twt #thewestlaketeam #dlc Canadian Mortgage Trends posted an article this last week discussing mortgage renewals and the diminishing rate shock at renewal. Basically forecasting that the spread from a current fixed mortgage rate to a renewal rate may only be 10bps compared to the last few years in which ...Read more...
A Night of Networking & Entertainment at an Exclusive Car LoungeBy Scott WestlakeOctober 2, 20190 comments#luxurymortgage #luxuryrealestate #networking #oakvillemortgagebroker #twt #thewestlaketeam #scottwestlake 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...
The Westlake Team Joins Oakville Chamber of CommerceBy Scott WestlakeSeptember 25, 20190 comments#oakvillechamberofcommerce #oakvillechamber #thewestlaketeam #twt #mortgagenews #mortgageadvise #oakvillemortgagebroker The Westlake Team is very happy to become a member of The Oakville Chamber of Commerce. The Chamber is the voice of the Oakville business community: Advocacy, government relations, discount and saving programs and networking opportunities. The Oakville Chamber was established ...Read more...
5 Mistakes First Time Home Buyers Should AvoidBy Scott WestlakeSeptember 25, 20190 comments#homebuyermistakes #preapproval #oakvillemortgagebroker #homebuying #gtamortgage #twt #thewestlaketeam #scottwestlake A great article written by one of my peers from DLC on mistakes home buyers should try to avoid. (Credit and link at bottom of article). The biggest thing about buying a home is being prepared, asking questions and having a knowledgeable professional help address them. ...Read more...
Why Use A Mortgage BrokerBy Scott WestlakeAugust 21, 20190 comments#whyusemortgagebroker #oakvillemortgagebroker #bestmortgagebroker #twt #dlc #thewestlaketeam #scottwestlake Have you ever wondered why you should absolutely use a Mortgage Broker for your next purchase, refinance or renewal. Street Capital provides some great insight as to why they believe the marketplace should be using Mortgage Brokers! Examples include: - Streamline the ...Read more...
Mortgage CalculatorBy Scott WestlakeAugust 15, 20190 comments#freemortgageapp #mortgagecalculator #gtamortgage #oakvillemortgagebroker #scottwestlake #twt #dlc #thewestlaketeam Why is everyone so excited?!? Easy - they have downloaded our free Mortgage App/ Mortgage Calculator and can be pre-qualified for a mortgage in less than 60 seances! Along with that, they can get our low rates, understand closing costs including land transfer tax and run mortgage ...Read more...
Oakville Mortgage BrokerBy Scott WestlakeAugust 12, 20190 comments#magazine #oakvillemortgagebroker #lending #oakville #muskoka #niagara #twt #thewestlaketeam Let us know how our team can help. We are an Oakville Mortgage Brokerage with agents that extend from Niagara to Muskoka with the majority being based out of Oakville and the GTA. We recently launch a quarterly magazine to help our clients and referral sources obtain ...Read more...
Monthly Mortgage Newsletter - August 2019By Scott WestlakeAugust 6, 20190 comments#oakvillemortgagebroker #mortgagebroker #realestate #monthlymortgagenewsletter #augustnewsletter #twt #thewestlaketeam #gtamortgage #scottwestlake Check out our Monthly Mortgage Newsletter for August! This month we touch on: -4 Costs to consider as a first-time homebuyer -Mortgage Default Insurance rates are not the problem -About DLC -About The Westlake Team -Homeowner Tips -Did you know... As always for more information ...Read more...
Oakville Mortgage BrokerBy Scott WestlakeJuly 24, 20190 comments#oakvillemortgagebroker #GTAmortgage #realestate #twt #thewestlaketeam #scottwestlake Q&A from Invidiata Magazine a year back. A lot of great things happened with our team when we moved our office to Oakville. We still service the GTA, Muskoka and Niagara but the transition to a local office in a terrific community like Oakville was the best ...Read more...
Qualifying Mortgage Rate Falls For First Time Since B-20 IntoBy Scott WestlakeJuly 21, 20190 comments#qualifyingrate #bankofcanada #mortgagerate #oakvillemortgagebroker #oakvillemortgagebrokerage #bestmortgagebroekr #gtamortgage #twt #thewestlaketeam QUALIFYING MORTGAGE RATE FALLS FOR FIRST TIME SINCE B-20 INTRO The interest rate used by the federally regulated banks in mortgage stress tests has declined for the first time since 2016, making it a bit easier to get a mortgage. This is particularly important for first-time homeowners ...Read more...