"Business As Usual"By Scott WestlakeMarch 17, 20200 comments#businessasusual #helpinghomeowners #mortgageadvise #twt Following the unprecedented developments around COVID-19 (coronavirus), TWT, The Westlake Team is instructing the entire team to work from home. During this temporary arrangement, we are committed to fulfilling our responsibilities to you. We will fulfill all ...Read more...
How We Can Help Home Owners Going Through Financial DifficultiesBy Scott WestlakeMarch 16, 20200 comments#mortgageassistance #mortgagehelp #skipapayment #holdapayment #covid19support #twt There are multiple programs designed to help home owners who are experiencing temporary financial difficulties as a result of an unexpected life event. We are communicating with our Lending Partners, Insurers like CMHC & Genworth and are happy to support any client - be ...Read more...
Commentary On Our Current Market Conditions & How To Take Advantage Of Current Market Low Interest RatesBy Scott WestlakeMarch 13, 20200 comments#preapproval #ratechange #refinance #renewal #mortgagebroker #twt First off, on behalf of our entire team, we hope everyone is safe and healthy during a confusing time with the impact COVID-19 is having on the entire world. In relation to the impact on Canadian's Mortgages, we are now obtaining historical low interest rates for both fixed ...Read more...
CHIP REVERSE MORTGAGEBy Scott WestlakeMarch 11, 20200 comments#chip #reversemortgage #twt #dlc #oakville #babyboomers Over the last few years its been evident to our team there is an aging demographic of clients, looking to access equity in their homes that they have built up over the years. Running in parallel, lending has become a lot more strict and it hasn't been as easy for clients to ...Read more...
Top 5 Things Millennials Should Know When Buying Real EstateBy Scott WestlakeMarch 10, 20200 comments#millennial #millenialmortgage #twt #dlc #thewestlaketeam #firsttimebuyer #FTHB Some great commentary from our team at DLC on what Millennials should know when getting into real estate. As always for more information on how our team can help you with your next mortgage, email scott@thewestlaketeam.com, info@thewestlaketeam.com or call ...Read more...
Top Brokers!By Scott WestlakeMarch 7, 20200 comments#mortgagebroker #mortagebrokeraward #topbroker #oakvillebroker #constructionfinancing #privatelending Thanks for the award DLC! 2019 was a fun year getting back into brokering. A year back I wasn't sure I was going to continue brokering. Lots of opportunities have been thrown at me as an active Entrepreneur and I continually hit crossroads. I ...Read more...
Brokerage Awards!By Scott WestlakeMarch 6, 20200 comments#mortgageawards #mortgagebroker #mortgagenews #twt #dlc Dominion Lending Centres has built an incredible network of mortgage brokers, owners, and employees across Canada that have truly shown how hard work and dedication can make an impact. At DLC our passion is our people. We strive to give our mortgage brokers the best possible ...Read more...
March Monthly Mortgage Newsletter - 2020By Scott WestlakeMarch 5, 20200 comments#monthlymortgagenewsletter #mortgageadvise #twt #thewestlaketeam #Mortgagebrokerageh This month we touch on: 1. What you need to know before you buy. 2. Refinance your Mortgage - which is very applicable with the recent news Mortgage Rates are reducing! 3. Information on Dominion Lending Centres 4. Information on The Westlake Team ...Read more...
HOW TODAYS INTEREST RATES NOSEDIVE IMPACTS YOU AND YOUR CURRENT OR NEXT MORTGAGEBy Scott WestlakeMarch 4, 20200 comments#bocratecut #ratecut #mortgagerate #mortgagebroker #twt #dlc #oakvillebroker Our Chief Economist Dr. Sherry Cooper has provided a market update on todays interest rate cut. For the full article click on the link below. In terms of how this interest rate cut impacts our current and future customers depends on many variables. ...Read more...
Focus on what matters - let a Mortgage Broker do the rest!By Scott WestlakeMarch 2, 20200 commentsThis is a great commercial from Mortgage Professionals Canada! It’s time to let Canada know how great the Mortgage Brokering industry is. the market share, in terms of originated mortgages by brokers, compared to other origination channels is the highest it’s ever been! The ...Read more...
10 Great Reasons To Work With A RealtorBy Scott WestlakeFebruary 24, 20200 comments#workingwitharealtor #mortgagebroker #realestateagent #oakville #gtamortgage #twt #scottwestlake We want to give a shout out to all those amazing realtors out there! Those that work with us, those that are newer to working with us and those that haven't yet, but hopefully can in the near future! Our team empowers the realtor/mortgage broker relationship. In fact, ...Read more...
New Benchmark Rate for Qualifying For Insured MortgagesBy Scott WestlakeFebruary 19, 20200 comments#breakingnews #qualifyingrate #twt #scottwestlake #oakvillemortgagebroker #gtamortgage Our Chief Economist Dr. Sherry Cooper shares the recent news on the new qualifying interest rate... Although the net impact, immediately, may only be 30 basis points, this is a strong message that we require a more dynamic solution that can adjust to the market place ...Read more...
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...