Reverse Mortgage Myths Versus FactsBy Scott WestlakeJune 28, 20230 comments#reversemortgage #homeequitybank #retirement #retirementmortgage #homeequityloan Read more...
Recently Funded - $2.4M Reverse Mortgage for High Net Worth Client.By Scott WestlakeMy PortfolioJune 3, 20220 comments#recentlyfunded #portfolio #reversemortgage #retirement Would it surprise you if you learned that High-Net-Worth (HNW) clients use reverse mortgages as part of their overall financial planning strategy? HNW clients have a minimum of $1 million dollars in liquid assets. So why use a reverse mortgage? Why High-Net-Worth Clients Use ...Read more...
When the Future Becomes the Present.By Scott WestlakeMarch 1, 20220 comments#retirement Thinking about retirement before it happens is just common sense. But what questions should you be asking yourself? While seeking the advice of a professional like a retirement advisor can be helpful, there are a few questions to start thinking about as you begin to plan. Deciding ...Read more...
Downsizing Your Home.By Scott WestlakeSeptember 30, 20210 comments#downsizing #mortgageadvise #retirement #SW #TWT #DLC Moving to a larger house is not the only time that things can change with your home and mortgage. Sometimes there comes a point when owning a home becomes a little too much to handle; or maybe you’re an empty-nester and no longer need three extra bedrooms. Whatever the reason, ...Read more...
How To Afford a Secondary Property In RetirementBy Scott WestlakeApril 28, 20210 comments#seondhome #retirement #SW #TWT #DLC For support on setting up a mortgage for a second property or for any mortgage related advise or information on this article, you can contact our office, scott@thewestlaketeam.com or 416-436-1135. How to Afford a Second Property in Retirement. More and more Canadians ...Read more...
5 Expenses Most Canadians Don't Expect In RetirementBy Scott WestlakeNovember 16, 20200 comments#retirement #reversemortgage #twt #dlc #scottwestlake 5 Expenses Most Canadians Don’t Expect in Retirement. According to a recent CIBC poll, nearly half (48%) of retired Canadians stopped working sooner than they expected. The result is that many retirees have saved less for retirement than they planned, making unexpected ...Read more...
Know The FAQ's About Reverse Mortgages - We Are Servicing Oakville & The GTABy Scott WestlakeApril 15, 20200 comments#reversemortgage #retirement #mortgageplannig #wehaveamortgageforthat #thewestlaketeam #twt Know the FAQs about Reverse Mortgages - Servicing Oakville & The GTA Thousands of Canadians are using a reverse mortgage as part of their re rement solu on. Purpose-built for Canadians 55+ it allows homeowners to turn their equity into tax-free cash. Below is ...Read more...
Reverse Mortgages Explained...By Scott WestlakeSeptember 27, 20190 comments#reversemortgage #retirement #mortgageplannig #wehaveamortgageforthat #thewestlaketeam #twt Great article from our friends at Home Equity Bank on the differences between a reverse mortgage in Canada and USA. We have a couple specialists on our team and wed be happy to support any inquiries on if a reserve mortgage is suitable for your family. Full article credit ...Read more...
Planning For Retirement - We Have A Mortgage For ThatBy Scott WestlakeMay 23, 20190 comments#reversemortgage #retirement #mortgageplannig #wehaveamortgageforthat #thewestlaketeam #twt Wether you or a family member are planning for retirement or are already retired and looking for credit solutions, we have a mortgage for that. From traditional lending through banks and credit unions to reverse mortgages we can help access equity with or without income to support ...Read more...