10 Great Reasons to use a Mortgage BrokerBy Scott WestlakeFebruary 17, 20200 comments#10reasonstousemortgaegbroker #twt #thewestlaketeam #scottwestlake #mortgagebroker #realestate #luxurybroker #purchase #preapproval #refinance #construction #commercial #renewal Here are 10 great reasons why you should consider a Mortgage Broker for your next Mortgage! Be it purchase, refinance, renewal, residential, commercial, private or construction - here are 10 reasons why you need a Mortgage Broker in your corner. To connect with one of ...Read more...
BUILDING A PLAN TO MOVE INTO YOUR DREAM HOME!!By Scott WestlakeFebruary 11, 20200 comments#dreamhome #mortgageadvise #buildaplan #genworth #twt #scottwestlake There is nothing like finding your dream home! However, there is a lot of work that goes into that process, including getting organized for the right Mortgage. Our team is breaking down our top 8 steps to help with the mortgage process when buying your dream home. For ...Read more...
Our February Monthly Mortgage Newsletter!By Scott WestlakeFebruary 10, 20200 comments#monthlymortgagenewsletter #mortgageadvise #twt #thewestlaketeam #Mortgagebrokerageh This month we touch on: 1. How to leverage your RSP to buy your first home 2. How to get a Mortgage this Spring whether you are upsizing or downsizing 3. Home Owners Tips 4. Did you know, information about DLC and TWT For full link to full newsletter: ...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...
1st Newsletter of 2020! Our January Mortgage NewsletterBy Scott WestlakeJanuary 15, 20200 comments#monthlymortgagenewsletter #mortgageadvise #twt #thewestlaketeam #Mortgagebrokerageh Very exciting to be sharing our first Mortgage Newsletter of 2020! This month we touch on the following: 1. Changing Your Financial Direction 2 Improving your credit score isn't as hard as you think 3. About Dominion Lending Centres 4. Homeowner Tips In addition, ...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...
Agent Training - Activities Drive ResultsBy Scott WestlakeDecember 6, 20190 comments#agenttraining #mortgagebroker #twt #thewestlaketeam #scottwestlake I always say it, "activities drive results." Yesterday we sent out 160 hand written letters. While I personally. wrote the letters my team went through each deal. We confirmed we have the clients contact details & birthday. What rate they have - incase there ...Read more...
Monthly Mortgage Newsletter - December 2019By Scott WestlakeDecember 2, 20190 comments#monthlymortgagenewsletter #mortgageadvise #twt #thewestlaketeam #Mortgagebrokerageh I can't believe its already December! Its a great time to reflect and be Thankful for all the amazing people in our lives. I would like to thank all our clients, referral sources, team members, family and friends that made 2019 one of our best years yet! We are very ...Read more...
Oakville Housing Market Outlook & An Oakville Mortgage Brokers PerspectiveBy Scott WestlakeNovember 28, 20190 comments#oakvillehousingmarket #housingupdate #twt #thewestlaketeam #luxuryrealestate #luxurymortgagebroker #mortgagebroker #dlc #scottwestlake #oakville "Re/Max is forecasting continuing balance conditions for the Oakville housing market in 2020." What we look at is a Mortgage Brokerage is whats driving demand. According to the statistics below, "move-up-buyers" are driving this demand. The reason this is ...Read more...
Invest in yourself, invest in relationships & There is NO Secret Sauce!By Scott WestlakeNovember 25, 20190 comments#MPCNationalconference #MPC #twt #DLC #thewestlaketeam #scottwestlake #mortgagebroker #mortgagebrokerage #investinyourself #investinrelationships This past week a lot of mortgage brokers from across Canada took time to attend their National Mortgage Conference. The photo above was the start to my weekend at our Brokerages (DLC) Party - Brokers & Brews! After spending 3 days and nights with a lot of my peers and partners, ...Read more...
The Power of an Endorsement - Agent Training November 2019By Scott WestlakeNovember 25, 20190 comments#agentstraining #powerofendorsements #twt #thewestlaketeam #scottwestlake #mortgagebroker #mortgageagent #mortgagebrokertraining When new agents ask me how to get business I often talk to them about the power of an endorsement. In a couple recent examples, I spoke to agents that sponsored local events. The events came and went with no mortgage origination coming from the events. This isn't ...Read more...
Mortgage PenaltiesBy Scott WestlakeNovember 19, 20190 comments#mortgagepenalty #breakingyourmortgage #twt #thewestlaketeam #mortgagebroker #bank #monolinelender Very interesting article on mortgage penalties and how not all lenders charge the same penalty. Its sometimes tough for clients to see past rate but there are a lot of features within a mortgage and factors that one should consider when apply for a mortgage and deciding on the institution ...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...
Monthly Mortgage Newsletter - November 2019By Scott WestlakeNovember 5, 20190 comments#monthlymortgagenewsletter #mortgageadvise #twt #thewestlaketeam #Mortgagebrokerage For this months newsletter: https://www2.mambonetcom.com/cgi-bin/social/show.pl?cid=9589&sid=S1305&v=1572967460 Thanks again to all our amazing clients and referral sources for supporting our team! We are always appreciative! Keep those referrals coming! ...Read more...