Lower Rate = Increased Purchasing Power!By Scott WestlakeMay 27, 20200 comments#BoCratechange #lowerrate #twt #dlc With the recent BoC rate decrease you now qualify for a larger mortgage. For information on how the lowering of the qualifying rate impacts your mortgage pre approval, mortgage for purchase, mortgage refinance or mortgage renewal, contact us today scott@thewestlaketeam.com ...Read more...
A Couple Reasons To Work With Our Mortgage TeamBy Scott WestlakeMay 19, 20200 comments#mortgageawards #mortgagebroker #mortgaegadvise #realestate #twt #dlc Our team is always trying to surround ourselves with great people to work with. The people we work with give us a unique competitive advantage when it comes to supporting our clients and referral sources with their mortgage and lending needs. We urge you to take the same ...Read more...
How & Where To Access Mortgage Capital & More...By Scott WestlakeApril 29, 20200 comments#mortgagecapital #homeequity #reliefcapital #governmentrelief #mortgaegadvise #twt #dlc Over the last 6 weeks there has naturally been a large increase in inquiries from Canadian's looking for access to Mortgage Capital or other sources of capital. As a Mortgage Brokerage that has access to many forms of Mortgage Capital we want to share some different avenues ...Read more...
Navigating COVID-19: Your Mortgage, Financial Effects, Resources + MoreBy Scott WestlakeApril 9, 20200 comments#mortgageadivse #covid19 #mortgagesupport #mortgagesupport #twt #dlc #realestatenews Hey Everyone! We thought we would share our new booklet, which includes everything a Canadian could want to know about Navigating their mortgage during COVID-19. We have cropped the photos to share but can easily send out digital copies via email. Just email scott@thewestlaketeam.com and ...Read more...
Monthly Mortgage Newsletter April 2020By Scott WestlakeApril 8, 20200 comments#twt #twtcapital #dlc #monthlymortgagenewsletter #mortgageadvise #realestatenews Hey Everyone! First and foremost we are hoping everyone is healthy and happy! Secondly, we have launched our April Monthly Mortgage Newsletter. This month we touch on: 1. To defer or not to defer your mortgage payment 2. Lock-in or stay variable ...Read more...
State Of The RateBy Scott WestlakeApril 6, 20200 comments#stateoftherate #mortgagenews #realestatenews #twt #dlc The change, which will take effect April 6, 2020, means borrowers with insured mortgages (typically those with less than 20% equity) will need to prove they can afford monthly mortgage payment based on a rate equal to the weekly median 5-year fixed insured mortgage rate plus ...Read more...
Virtual Mortgage AssessmentBy Scott WestlakeApril 3, 20200 comments#mortgageadvise #mortgagenews #whattodowithmortgage #mortgagerefinance #mortgagerenewal #privatelending #privatemortgage #purchase #twt #dlc #covid19 We are very proud of how quickly our industry has adapted to change. Our brokerage at Dominion Lending Centres put up one of the better websites with resources for homeowners savings questions pertaining to finances and the impact of COVID-19 https://dominionlending.ca/covid-19/ Our ...Read more...
COVID-19 Updates & What Homeowners Need To KnowBy Scott WestlakeMarch 30, 20200 comments#mortgageadvise #mortgagenews #whattodowithmortgage #twt #dlc #covid19 At The Westlake Team (TWT) & Dominion Lending Centres, we are deeply concerned about the Coronavirus – and we know you are too. Our thoughts and prayers go out to all the families and front line workers that are dealing with this around the world. We recognize that many ...Read more...
What You Should Do With Your Mortgage In Todays MarketBy Scott WestlakeMarch 30, 20200 comments#mortgageadvise #mortgagenews #whattodowithmortgage #twt #dlc #covid19 In today's volatile market a common question from clients and referral sources alike is what their clients should be doing in todays market with their mortgage. We break down the different mortgages you may have and what industry professionals are recommenting. Existing ...Read more...
CHIP REVERSE MORTGAGEBy Scott WestlakeMarch 11, 20200 comments#chip #reversemortgage #twt #dlc #oakville #babyboomers Over the last few years its been evident to our team there is an aging demographic of clients, looking to access equity in their homes that they have built up over the years. Running in parallel, lending has become a lot more strict and it hasn't been as easy for clients to ...Read more...
Top 5 Things Millennials Should Know When Buying Real EstateBy Scott WestlakeMarch 10, 20200 comments#millennial #millenialmortgage #twt #dlc #thewestlaketeam #firsttimebuyer #FTHB Some great commentary from our team at DLC on what Millennials should know when getting into real estate. As always for more information on how our team can help you with your next mortgage, email scott@thewestlaketeam.com, info@thewestlaketeam.com or call ...Read more...
Brokerage Awards!By Scott WestlakeMarch 6, 20200 comments#mortgageawards #mortgagebroker #mortgagenews #twt #dlc Dominion Lending Centres has built an incredible network of mortgage brokers, owners, and employees across Canada that have truly shown how hard work and dedication can make an impact. At DLC our passion is our people. We strive to give our mortgage brokers the best possible ...Read more...
HOW TODAYS INTEREST RATES NOSEDIVE IMPACTS YOU AND YOUR CURRENT OR NEXT MORTGAGEBy Scott WestlakeMarch 4, 20200 comments#bocratecut #ratecut #mortgagerate #mortgagebroker #twt #dlc #oakvillebroker Our Chief Economist Dr. Sherry Cooper has provided a market update on todays interest rate cut. For the full article click on the link below. In terms of how this interest rate cut impacts our current and future customers depends on many variables. ...Read more...
What the Bank of Canada recent rate announcement means to buyersBy Scott WestlakeJanuary 23, 20200 comments#rateannouncement #mortgagebroker #mortgagepreapproval #twt #dlc #thewestlaketeam #mortgagenews #realestatenews The Bank of Canada maintained its target for the overnight rate of 1.75% for the tenth consecutive time. Demand remains robust in Quebec because of their strong labour market and in Ontario and British Columbia population growth is boosting housing demand. With no change ...Read more...
Mortgage Lending in 2020By Scott WestlakeJanuary 7, 20200 comments#mortgaegbroker #twt #thewestlaketeam #dlc #realestate #mortgageadvise #luxurylending #nichelending #2020predictions #gtamortgaegbroker Its a new year, a new decade and everyone thats buying, renewing, refinancing or in the real estate cycling wants to know what mortgage financing in 2020 is going to look like. In my opinion, lending in 2020 is going to be similar to the second half of 2019, unless the ...Read more...
TWT & DLC Christmas 2019By Scott WestlakeDecember 20, 20190 comments#2020 #bestmortgagebrokerage #twt #dlc #thewestlaketeam #advise #homeadvise #mortgagebrokerage #bestmortgagebroker This year brokers and brokerages across the Dominion Lending Centre Network, Including our team at TWT helped over 60,000 Canadians secure financing for their homes! Our team is super proud to be apart of the largest Mortgage Brokerage Network in Canada and our even more ...Read more...