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...
Jumbo Mortgage, Oakville, GTA & MuskokaBy Scott WestlakeNovember 15, 20190 comments#jumbomortgage #largemortgage #mortgagebroker #twt #scottwestlake #oakvillemortgagebroker In 2019 we soft marketed our Jumbo Mortgage Program. We partnered up with a combination of lenders and private capital that all provide very niche lending solutions and can accommodate large mortgages north of $1m and up to $20M. A few examples of niche markets ...Read more...
TWT Launching Commercial Team in 2020!By Scott WestlakeNovember 7, 20190 comments#commercialbroker #commerciallending #commercialmortgage #twtcommercial #thewestlaketeamcommerciallending #oakvillemortgage Over the past year TWT has made tremendous strides in obtaining commercial mortgage opportunities. The number of commercial brokers on the team has increased, the origination volume has increased and the relationships with lenders has dramatically increased. TWT hasn't ...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...
Luxury Home Mortgage Advisor Course ContentBy Scott WestlakeNovember 5, 20190 comments#luxuryhomemortgageadvisor #LHMA #luxuryrealestate #mortgageagenttraining #scottwestlake There was an overwhelming response over the last 24 hours in regards to the Luxury Home Mortgage Advisor online course for Mortgage Agents & Brokers looking to step up their game and grow their career. The #1 question is on course content so we are posting the curriculum ...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...
Luxury Home Mortgage Advisory Appoints Scott Westlake To Board of DirectorsBy Scott WestlakeNovember 4, 20190 comments#LHMA #luxryrealestate #luxurymortgagebroker #luxuryhomemortgaegadvisor #scottwestlake After sitting on the board for Luxury Home Mortgage Advisor throughout 2019, Scott is getting more actively involved in the accreditation. "I feel that the barriers to entry in the Mortgage Broker channel are low and that we, as an industry, need more programs to help train new agents ...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...
Toronto West Luxury EventBy Scott WestlakeOctober 28, 20190 comments#luxuryevents #luxuryrealestate #mortgageteam #twt #thewetlaketeam #scottwestlake Another terrific Luxury Real Estate Event put on by Preferred Publishing, with the support of some incredible sponsors including The Westlake Team, which helped send everyone home with a little treat! These networking events allow our team to get involved with other great brands ...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...