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...
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...
How to Support the Oakville Hospital FoundationBy Scott WestlakeNovember 1, 20190 comments#charity #oakville #bestmortgagebroker #twt #thewestlaketeam #mortgagebroker Of course we will be at the last Candlelight Ball supporting The Oakville Hospital Foundation. As a community we are responsible for funding virtually all medical equipment OTMH caregivers need to care for patients. The donations and funds raised support the skilled and compassionate ...Read more...
The Westlake Team, TWT Sponsors Master Works of Oakville!By Scott WestlakeOctober 30, 20190 comments#sponsorship #masterworksofoakville #bestmortgagebroker #oakvillemortgage #twt #thewestlaketeam #scottwestlake #realestate The Westlake Team, TWT part of DLC National is proud to sponsor Masterworks of Oakville Chorus & Orchestra. Scott says, "this sponsorship is an investment in our community and the amazing people that are apart of it." Scott committed to investing into two of the communities that ...Read more...
Need an Appraisal - Tips for SuccessBy Scott WestlakeOctober 29, 20190 comments#appraisal #appraisaltips #realestatenews #luxurymortgagebroker #twt #thewestlaketeam #scottwestlake #dlc Do you need to get a current value of your property? Then you are going to need an appraisal. Banks and other lending institutions want to know the “current” market value of your home before they consider loaning money on the property. An appraiser checks the general ...Read more...
What the election results mean for your mortgageBy Scott WestlakeOctober 24, 20190 comments#electionandmortgage #liberalmortgage #mortgagenews #twt #thewestlaketeam #dlc Some insights from one of our peers at DLC on what the Liberal win means to your mortgage. As always, feel free to reach out if we can help: scott@thewestlaketeam.com "What the liberal win means for your mortgage: 1. We will see the continuation of the First Time Home Buyers’ ...Read more...
Agent Training - Closing Checklist for Mortgage Brokers - October 24, 2019By Scott WestlakeOctober 24, 20190 comments#agenttraining #mortgagebroker #twt #thewestlaketeam #scottwestlake Hey brokers! I'm following up on my previous blog on how many leads you can obtain from a purchase transaction. A lot of you asked for the downloadable content which (for our team has been provided in our recent line of site email). For the rest, please email: scott@thewestlaketeam.com. ...Read more...
How to finance YOUR next home purchase!By Scott WestlakeOctober 22, 20190 comments#homebuying #twt #thewestlaketeam #howtofinanceyourhome #homepurchase #preapproval A common question we get from our clients and realtors is how we can make the home buying process easier. There has been constant change in the mortgage industry over the last year, so we created a quick take away that realtors have been asking for their open houses that explains ...Read more...
Mortgage Agent Training - October 17, 2019 - How Many Leads Can You Get From A Purchase "The Bulletproof Blueprint"By Scott WestlakeOctober 17, 20190 comments#agenttraining #mortgageagenttraining #thebulletproofblueprint #twt #scottwestlake #thewestlaketeam #mortgageeducatoin #brokerinc Back when I worked with a bank (prior to brokering), I won the most prestigious award within the entire company of 60,000 people while in the role or mortgage specialist. Part of the reason for winning was my year over year growth in all Caterogies: Mortgage Origination, Realtor ...Read more...
September Data Confirm That Housing Is in Full ReboundBy Scott WestlakeOctober 16, 20190 comments#economicupdate #realestateupdate #drsherrycooper #dlc #twt #thewestlaketeam #mortgagenews Great article by our Chief Economic Officer Dr. Sherry Cooper: "Statistics released today by the Canadian Real Estate Association (CREA) show that national home sales rose for the seventh consecutive month. Activity rose another 0.6% month-over-month in September to 512,000 units ...Read more...