22 - Blog - The Westlake Team

Recently Funded - HELOC - Mortgage and Line of Credit

Recently Funded - HELOC - Mortgage & Line of Credit

By Scott WestlakeMy PortfolioJuly 27, 20210 comments

#portfolio #recentlyfunded #HELOC #lineofcredit #SW #TWT #DLC

TWT Recently funded $1.6M HELOC. A HELOC is a home equity line of credit. However, just because we put a HELOC in place doesn't, doesn't mean its all line of credit. In this particular circumstance our client qualified for a total limit of $1,600,000 in lending. ...Read more...

The Slowdown In Canadian Housing Continued in June

By Scott WestlakeJuly 16, 20210 comments

#housingupdate #marketupdate #economicupdate #mortgaegbroker #SW #TWT #DLC

Today the Canadian Real Estate Association (CREA) released statistics showing national existing home sales fell 8.4% nationally from May to June 2021, marking the ...Read more...

The Mortgage Financing Process.

By Scott WestlakeJuly 14, 20210 comments

#homebuyerprocess #FTHB #firstimebuyer #mortgaegbroker #mortgageadvise #SW #TWT #DLC

The Mortgage Financing Process. The number one question for any potential homebuyer or someone new to the mortgage process is “what does this process entail?”. The following is a simple outline to give you an idea of the process and help you understand what to expect as ...Read more...

Are You Ready For Home Ownership

By Scott WestlakeJuly 1, 20210 comments

#areyoureadyforhomeownership #homeownership #FTHB #homebuyer #SW #TWT #DLC

For more information on working with our team on your next mortgage, contact scott@thewestlaketeam.com Are You Ready for Home Ownership?. While most people know the main things they need to buy a home, such as stable employment and enough money for a down payment, there ...Read more...

Recently Funded - Multiple Mortgage Refinances and Mortgage Transfers

Recently Funded - Multiple Mortgage Refinances & Mortgage Transfers

By Scott WestlakeMy PortfolioJune 29, 20210 comments

#recentlyfunded #recentlyfundedmortgage #FTHB #TWT #SW #DLC

TWT has recently funded a significant amount of mortgage refinances and mortgage transfers. The combination of low mortgage interest rates & appreciating real estate assets is a perfect combination to consider restructuring ones current mortgage. Refinance --> ...Read more...

Recently Funded - Mortgage For Investment Property

By Scott WestlakeMy PortfolioJune 24, 20210 comments

#portfolio #recentlyfunded #rentalproperty #investmentproperty #SW #TWT #DLC

TWT has recently funded multiple mortgages for clients accumulating real estate for the purpose of investment. Our clients range from their first or second investment property to clients that have hundreds. With real estate being a very comfortable asset class ...Read more...

Moving on UP!.

By Scott WestlakeJune 17, 20210 comments

#mortgageadvise #mortgageapproval #SW #DLC #TWT

Life is constantly changing from your career to your family as we climb up the ladder of life. With these life changes, your current home may no longer be working for you. Whether you’re cramped in your tiny apartment or have a little one on the way, it may be time to look at ...Read more...

The Slowdown In Canadian Housing Continued in May

By Scott WestlakeJune 15, 20210 comments

#mortgagesnews #economicupdate #SW #TWT #DLC

For more information on how this information impacts your current or future mortgage, please contact our team --> scott@thewestlaketeam.com Today, the Canadian Real ...Read more...

The 5 Most Common Roadblocks During The Mortgage Approval Process?

By Scott WestlakeJune 14, 20210 comments

#mortgageadvise #mortgageapproval #mortgageroadblocks #SW #DLC #TWT

For more information on working with our team, please contact us --> scott@thewestlaketeam.com When in the process of buying a home, there is nothing worse than having your mortgage broker or lawyer call and say “there is a problem”. If you have found your ...Read more...

First Responder Mortgage Program™

By Scott WestlakeJune 12, 20210 comments

#firstrespondermortgageprogram #firstresponder #DLC #TWT #SW

First Responder Mortgage Program™ now available. Contact us for more details scott@thewestlaketeam.com, 416-436-1135. Scott Westlake Founder, The Westlake Team Licensed Mortgage Agent The Westlake Team is part of Dominion Lending Centres FSRA 12360 *Each ...Read more...

10 Steps to Home Sweet Home.

By Scott WestlakeJune 11, 20210 comments

#homesweethome #mortgageadvise #mortgageadvise #SW #TWT #DLC

10 Steps to Home Sweet Home. Congratulations! There is nothing more exciting than moving into a new home. Whether a new building or re-sale property, there are a few things you can do as soon as you take possession in order to make it your own. Invest a weekend or two into warming ...Read more...

Bank of Canada Holds Rates and QE Steady--Asserting That Both the Upside in Inflation and the Downside in GDP is Temporary

By Scott WestlakeJune 9, 20210 comments

#BoC #mortgaegrates #SW #TWT #DLC

For more information on how this information impacts your current or future mortgage needs, connect with our team through scott@thewestlaketeam.com or416-436-1135. ...Read more...

Recently Funded - HELOC - Mortgage & Line of Credit

The Slowdown In Canadian Housing Continued in June

Bank of Canada 'On the Vanguard' of Unwinding Stimulus

The Mortgage Financing Process.

Canada's Jobs Recovery Resumed in June as Lockdown Began to Ease

Monthly Mortgage Newsletter July 2021