14 - Blog - The Westlake Team

Facts About Using a Guarantor.

By Scott WestlakeNovember 23, 20220 comments

In the mortgage world, a “guarantor” is someone who guarantees the mortgage on behalf of the mortgage holder in the case that the mortgage holder cannot pay back the loan. Typically, a guarantor is used in a situation where the buyer has damaged or poor credit history ...Read more...

Rate Is Not Everything

By Scott WestlakeNovember 21, 20220 comments

#interestrate #whenhigherrateisbetter

When it comes to getting a mortgage, there is a common misperception that a low rate is the most important factor. However, while your rate does matter for your mortgage, it is not the only component to consider. If you’re looking to get a mortgage, these are some other important ...Read more...

Bank of Canada Will Not Be Happy With This Inflation Report

By Scott WestlakeNovember 16, 20220 comments

#inflation #boc #interestrates

Not only did the headline CPI inflation rate stall at ...Read more...

Book You Annual Mortgage Review

By Scott WestlakeNovember 16, 20220 comments

#annualmortgagereview #annualreview #mortgagereview

We are now accepting appointments for annual reviews. There are many reasons to book an annual review. anything from a major life event, considering switching from variable to fixed, upcoming mortgage renewal, creditor insurance review, home renovation or build in near future ...Read more...

Teddy Bear Drive

By Scott WestlakeNovember 16, 20220 comments

#teddybeardrive #charity

Hey everyone! Our team is hosting a “teddy bear drive” for our charity of the month, The Children’s Foundation to help bring joy to families in our communities this holiday season. The Teddy Bear Drive will run from next week through December 4th. If ...Read more...

Apply Now - Available On Canada's #1 Mortgage App/Calculator

By Scott WestlakeNovember 16, 20220 comments

#mortgageapp #mortgagecalculator

Our Mortgage App/Calculator has been a fan favourite ever since launched. Our mortgage app is completely free and allows one to have a powerful mortgage calculator available at your fingertips. Up until this past week our application could pre qualify you in under 60 seconds. ...Read more...

Housing Correction Continued In October

By Scott WestlakeNovember 15, 20220 comments

#housingcorrection #octoberrealestate

Statistics released today by the Canadian Real Estate ...Read more...

Top 50 In Monthly Revenue

By Scott WestlakeNovember 14, 20220 comments

#top50revenue #top50 #awards

It's been a complicated real estate market over the last 90 - 120 days - which makes coming in the top 50 in monthly revenue out of thousands of Mortgage Brokers a true validation in hard work and a client/referral centric business model. Thanks to everyone that continues to make ...Read more...

So, You Want To Be A Landlord?

By Scott WestlakeNovember 11, 20220 comments

#landlord #investmentproperty #rentalproperty #investmentproperty

So, You Want To Be A Landlord?. Are you dreaming about owning a rental property and making some extra income each month? Before diving into becoming a landlord, there are some things you should know from the advantages and disadvantages to some tips when it comes to buying a rental ...Read more...

Scott Westlake and The Westlake Team Transition To FC Funding

Scott Westlake & The Westlake Team Transition To FC Funding!!!

By Scott WestlakeNovember 9, 20221 comments

#scottwestlake #thewestlaketeam #FCfunding #DLC #DLCG #1

Scott Westlake & The Westlake Team have joined FC Funding, the largest Independently Owned & Operated Franchise under DLCG. This includes; Dominion Lending Centres, Mortgage Centre & Mortgage Architects. FC Funding FC Funding will fund close to $4B ...Read more...

Its Time To Feel Zen About Your Mortgage

By Scott WestlakeNovember 9, 20220 comments

#brucebuffer #itstime #mortgage

The Difference Between An Adjustable Rate Mortgage & Variable Rate Mortgage...

By Scott WestlakeNovember 8, 20221 comments

#adjustablerateratemortgaeg #variableratemortgaeg

Should Canadians Shop The Mortgage Market Or Are Lenders All The Same

By Scott WestlakeNovember 7, 20221 comments

Why Should Canadians Use a Mortgage Expert

By Scott WestlakeNovember 7, 20221 comments

#mortgagebroker #mortageagent #choice #options

Very Strong Employment Report For October

By Scott WestlakeNovember 4, 20220 comments

#wage

Today's Labour Force Survey for October was surprisingly strong, boosting wage inflation to an eye-popping 5.6% year-over-year pace. While good news for the economy, this is terrible ...Read more...