25 - Blog - The Westlake Team

Trudeau Opens the Spigots for Social Spending, Income Support, and a Green Economy.

By Scott WestlakeApril 21, 20210 comments

#DrSherryCooper #DLC #SW #TWT #scottwestlake #federalbudget #mortgaegnews

For more information on how the budget impacts your current or future mortgage needs, please contact scott@thewestlaketeam.com Chrystia Freeland’s First Budget is As Promised In more than two years, the first federal budget extends Ottawa’s COVID-19 “lifeline” ...Read more...

$2M Inter Alia Mortgage - Cottage Land Acquisition

By Scott WestlakeMy PortfolioApril 20, 20210 comments

#land #landfinancing #acquistionfinancing #constructionmortgage #SW #TWT #scottwestlake

TWT recently closed on a $2M Inter Alia Mortgage facility in Muskoka in under 1 week. Our client approached us to purchase land and required 100% financing. Land typically finances around 50-65% loan to value. We cross collateralized another asset to secure the $2M lending ...Read more...

Home Buyer Guide

By Scott WestlakeApril 14, 20210 comments

#homebuyingguide #cmhcbuyingguide #dlc #twt #SW #scottwestlake

For a copy of the CMHC home buying guide, please email scott@thewestlaketeam.com Market Smarts: Home Buying Guide. The Canada Mortgage and Housing Corporation (CMHC) is one of Canada’s three mortgage insurers. Beyond insuring mortgage, CMHC also offers consumer ...Read more...

Relocate or Renovate.

By Scott WestlakeApril 12, 20210 comments

#renovation #purchase #mortgagebroker #mortageadvise #DLC #TWT #SW #scottwestlake #HGTV

For more information on how to obtain the right mortgage for you, be it renovation or purchasing a new home email scott@thewestlaketeam.com or call 416-436-1135 Relocate or Renovate. Like Lighting in a Bottle. That’s how Todd Talbot describes the chemistry between ...Read more...

Banking Regulator Aims To Make It Tougher To Get An Uninsured Mortgage

By Scott WestlakeApril 9, 20210 comments

#mortgagestresstest #mortgaegqualification #twt #dlc #sherrycooper #scottwestlake

For more information on how this impacts your future or current mortgage, be it purchase, refinance or renewal, email scott@thewestlaketeam.com or call or text 416-436-1135 ...Read more...

Monthly Mortgage Newsletter - April 2021

By Scott WestlakeApril 7, 20210 comments

#monthlymortgagenewsletter #mortgagenews #twt #scottwestlake #dlc

For more information on working with Scott Westlake, one of our agents or joining our team, email scott@thewestlaketeam.com or text 416-436-1135 ...Read more...

The Role of a Mortgage Broker

By Scott WestlakeApril 2, 20210 comments

#mortgagebroker #scottwestlake #mortgageproscan #dlc #twt

"VANCOUVER -- The housing market in Metro Vancouver has continued to remain red hot, despite there being a worldwide pandemic. A very similar story is being played out across Canada. Paul Taylor, president of Mortgage Professionals Canada, shared that a lack of inventory ...Read more...

How To Get A Mortgage When You Are Self Employed

By Scott WestlakeApril 1, 20210 comments

#businessforself #scottwestlake #twt #dlc

Obtaining a mortgage when self employed can seem complicated, especially in a market with limited inventory and multiple offers. This often doesn't allow for offers with conditions and clients with complicated income may require that condition period to help ensure they qualify for ...Read more...

Recently Funded - Cottage Construction + Take Out Mortgage

By Scott WestlakeMy PortfolioMarch 29, 20210 comments

#constructionmortgage #cottagebuild #scottwestlake #twt

TWT recently wrapped up a complete construction and take out mortgage strategy that was put in place for our clients. Scott initiated this process over a year back after a comprehensive conversation with the clients, builder and multiple lenders and determined there ...Read more...

Spring Magazine Now Available Online

By Scott WestlakeMarch 26, 20210 comments

#sw #twt #dlc #scottwestlake #luxuryrealestate #luxurymortgagespeicalist #mortgagebroker

This quarter, The Invidiata magazine is all home and design. The magazine continues to bring you the best in luxury real estate and lifestyle, while also featuring designers, home essentials, trends and more. As a busy mortgage brokerage, The Westlake Team helps ...Read more...

Your Mortgage Refinance Analyzer Is Here!

By Scott WestlakeMarch 24, 20210 comments

#mortgaegapp #refinance #renewal #twt #scottwestlake #dlc #MMT

We are super excited to announce to our network, enhancements in our mortgage app/calculator - My Mortgage Toolbox https://www.dlcapp.ca/app/scott-westlake. We continue to provide an industry leading mortgage app and calculator, that anyone can download to help get pre qualified ...Read more...

Housing Continued to Surge in February

By Scott WestlakeMarch 16, 20210 comments

#housingreport #housingsurge #twt #mortgageeconomist #scottwestlake #dlc

For more information on how this impacts your current or future mortgage & real estate needs, contact scott@thewestlaketeam.com Today the Canadian Real ...Read more...

Easing Restrictions Ignite Canadian Job Market In February

By Scott WestlakeMarch 15, 20210 comments

#jobmarket #dlc #twt

For more information on how our job market summary impacts your current or future mortgage, email scott@thewestlaketeam.com This morning, Statistics Canada released ...Read more...

Bank of Canada Holds Rates and Bond-Buying Steady

By Scott WestlakeMarch 11, 20210 comments

#bondyields #mortgagerates #twt #dlc

For information on how this information impacts your current or future mortgage, please connect with Scott scott@thewestlaketeam.com Much has changed since the Bank ...Read more...

The Westlake Team Zonta Club of Oakville and International Womens Day

The Westlake Team, Zonta Club of Oakville & International Women's Day

By Scott WestlakeMarch 10, 20210 comments

#internationalwomensday #zonta #twt #scottwestlake #communicty #charity

Each month Scott Westlake & The Westlake Team collaborate with a local organization that has impacted our team, a referral source, client or our community - and make a contribution to this organization. The amount we contribute is tied to the amount of referrals and reviews our ...Read more...