23 - Blog - The Westlake Team

First Responder Mortgage Program™ Available NOW!

By Scott WestlakeJune 2, 20210 comments

#firstrespondermortgageprogram #firstresponder #DLC #TWT #SW

First Responders are an integral part of our Canadian communities. From coast-to-coast, these are the people who put Canadians first and ensure the health and safety of this great country –and we wanted to give you something in return. The Dominion Lending Centres® ...Read more...

The Backyard Wedding (Lifestyle Piece)

By Scott WestlakeMay 27, 20210 comments

#lifestyle #backyardwedding #mortgagebroker #SW #TWT #DLC

We chose to share this piece because we often get caught up in the numbers and paperwork to get a mortgage arranged for our customers. However, buying real estate and arranging the mortgage is not a transaction but a life event. Purchasing a home can lay the foundation for many ...Read more...

Happy Long Weekend and Prep For Summer Market

Happy Long Weekend & Prep For Summer Market!

By Scott WestlakeMay 24, 20210 comments

#happylongweekend #longweekend #morgtagebrokerage #TWT #SW #DLC

We hope everyone is having a terrific long weekend! With the sun finally shining and things slowly opening up, we hope you all are taking some time to relax with your loved ones, if possible! As we prepare for the summer market there are lots of great resources we can share ...Read more...

Recently Funded - Projected Income For Physicians Dentists and Veterinarians scott

Recently Funded - Projected Income For Physicians, Dentists & Veterinarians scott

By Scott WestlakeMy PortfolioMay 21, 20210 comments

#TWT #DLC #SW #mortgageadvise #mortgagebroker

TWT funded a mortgage for a physician who recently completed their residency. We were able to use the clients projected income to help qualify for their mortgage. Similar programs are available for Dentists & Veterinarians in their final year of residency, fellowship, ...Read more...

Everything You Need To Know About The Down Payments Process When Buying Real Estate

By Scott WestlakeMay 19, 20210 comments

#downpayment #mortgagebroker #SW #TWT #DLC

For more information or to apply for your next mortgage, purchase, refinance, renewal or switch, contact scott@thewestlaketeam.com or 416-436-1135. Getting the Down Payment Down. A down payment is one of the most essential aspects of every mortgage application ...Read more...

Are We Starting To See A Slowdown In Canadian Housing

By Scott WestlakeMay 18, 20210 comments

#economicupdate #drsherrycooper #mortgagerates #Mayhomesales #SW #TWT #DLC #scottwestlake

For more information on this article or to connect with our team for your upcoming mortgage needs, contact scott@thewestlaketeam.com Starting to See a Slowdown in Canadian ...Read more...

First Responder Mortgage Program

By Scott WestlakeMay 17, 20210 comments

#firstrespondermortgageprogram #firstresponder #DLC #TWT #SW

We are extremely excited to share the news about our NEW Mortgage Program! Exclusive to DLC and available through our Mortgage Brokers -The Dominion Lending Centres First Responder Mortgage Program. Launch date June 1, 2021! This is an incredible offering that allows us to ...Read more...

Recently Funded - High Ratio Insured Purchase For First Time Home Buyer

By Scott WestlakeMy PortfolioMay 12, 20210 comments

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

TWT recently funded a $882,440 High Ratio Insured Mortgage for our First Time Home Buyers. The purchase price was $915,000 and our clients wanted the lowest down payment. For CMHC-insured mortgage loans, you must have the following: • 5% down payment for ...Read more...

25 Tips To Pay Down Your Mortgage Faster and Save You Money

25 Tips To Pay Down Your Mortgage Faster & Save You Money!

By Scott WestlakeMay 11, 20210 comments

#paydownmortgagefaster #sw #twt #DLC

For more information on working with Dominion Lending Centres and/or one of our brokers for your next mortgage, contact scott@thewestlaketeam.com 25 Secrets To Pay Down Your Mortgage Faster & Save You Money. Twenty-five or thirty years can sound like an impossibly ...Read more...

Outside The Box - Container Homes Tiny Homes and Yurts

Outside The Box - Container Homes, Tiny Homes & Yurts

By Scott WestlakeMay 7, 20210 comments

#outsidethebox #alternative #financing #DLC #SW #TWT

Outside The Box. For most Canadians, a home looks like a few different things. It is either a single-family dwelling, a townhome, condominium or a high-rise. But Daniel Croft, Vice President of Giant Container Services, is looking to change that! In the quest to find less expensive ...Read more...

Recently Funded - Self Employed Mortgage Refinance $1.4M

By Scott WestlakeMy PortfolioMay 6, 20210 comments

#fundedmortgage #recentlyfunded #portfolio #refinance #ETO #SW #TWT #DLC

TWT Recently Funded a Mortgage Refinance for $1.4M for Self Employed Clients. Purpose of refinance was a combination of equity take out for home improvement & debt consolidation. Clients have built up significant equity but also accumulated unsecured debt. Clients ...Read more...

Recently Funded - Luxury Condo - Net Worth Lending Program

By Scott WestlakeMy PortfolioApril 30, 20210 comments

#networthmortgage #highnetworthmortgage #networthlending #SW #TWT

TWT Recently Funded a Residential Mortgage for a luxury condominium in Toronto. -$2,500,000 Mortgage -Roughly 73% loan to value (LTV) -Sub 2% interest rate -No set up fee TWT used a Net Worth Program to help approve the mortgage. Net Worth Mortgages allow clients to ...Read more...

How To Afford a Secondary Property In Retirement

By 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...

Monthly Mortgage Newsletter June 2021

Housing Drove the Economic Expansion in Q1 (Economic Update)