Recent Transaction - June 2019 - Construction Loan $2.8milBy Scott WestlakeJune 5, 20191 comments#recenttransaction #constructionfianancing #twt #thewestlaketeam #scottwestlake #mortgagebroker #oakvillemortgagebroker #gtamortgage Backstory: Land Accusation completed by purchaser in 2018, The client went through the process of deciding on builder, budget and applying for permit. -Cash buyer. No credit facility at closing. -Exit strategy is take out mortgage at completion through major institution, soft ...Read more...
Home Buyers PlanBy Scott WestlakeJune 5, 20190 comments#homebuyerplan #oakvillemortgagebroker #mortgagebroker #thewestlaketeam #twt The Home Buyers’ Plan is a Canada wide program that allows individuals to withdraw a certain amount from their Registered Retirement Savings Plans (RRSPs) for the purposes of qualifying for a home or if you are planning to help a related person who may have a disability. Currently, ...Read more...
June 2019 Mortgage NewsletterBy Scott WestlakeJune 4, 20190 comments#monthlymortgagenewsletter #bestmortgagebroker #mortgaeadivse #realestate #twt #thewestlaketeam Welcome to our June 2019 Mortgage Newsletter! This month we touch on: 1. 3 steps taking your from pre approval to getting the keys. 2. Is owning a home, truly your best bet? 3. Information about DLC 4. Homeowner Tips For full article, please ...Read more...
INTEREST RATE SPECIALBy Scott WestlakeJune 4, 20190 comments#interestratedrop #mortgagenews #interestrates #thewestlaketeam #mortgagebroker Starting today June 4, 2019 our interest rates are reducing to some of our lowest pricing in years. 5 year fixed, 3 year fixed, variable for both high ratio and conventional mortgages (less than 20% down and more than 20% down). Reach out today for more details for you ...Read more...
Bank of Canada Maintains Overnight RateBy Scott WestlakeMay 30, 20190 comments#boc #bankofcanada #oakvillemortgagebroker #gtamortgage Bank of Canada Maintains Overnight Rate at 1-3/4% In a terse statement, the Bank of Canada maintained ...Read more...
Building a plan to move into your dream home!!By Scott WestlakeMay 25, 20190 comments#mortgageadvise #oakvillemortgagebroker #gtamortgage Some great advise from our partners at DLC in Quebec on building a plan to move into your dream home. There’s nothing quite like stepping into your dream home for the very first time. You have achieved your goal of homeownership! However, the journey from home seeker ...Read more...
Let us be a part of the Journey!By Scott WestlakeMay 24, 20190 comments#mortgageadvise #oakvillemortgagebroker #gtamortgage #preapproval #FTHB Buying a home can be exciting but also stressful. A good mortgage broker should help navigate the buying process from start to finish. Brokers work with multiple banks, credit unions, mono-line lenders and have access to creative lending programs. In an ever changing market ...Read more...
Planning For Retirement - We Have A Mortgage For ThatBy Scott WestlakeMay 23, 20190 comments#reversemortgage #retirement #mortgageplannig #wehaveamortgageforthat #thewestlaketeam #twt Wether you or a family member are planning for retirement or are already retired and looking for credit solutions, we have a mortgage for that. From traditional lending through banks and credit unions to reverse mortgages we can help access equity with or without income to support ...Read more...
Monthly Mortgage Newsletter - MayBy Scott WestlakeMay 22, 20190 comments#maymonthlynesletter #mortgaegnewsletter #oakvillemortgagebroker #mortgagebrokerage Better late than never - our Monthly Mortgage Newsletter for May! We touch on how to access equity in your home, getting to know different lenders, some general home information tips and some information on our brokerage. Are team is in full growth mode, but in agents joining ...Read more...
We have a mortgage for that!By Scott WestlakeMay 22, 20190 comments#wehaveamortgageforthat #commercial #mortgagebroker As families grow and real estate needs change its important that you have the right mortgage in place to accommodate this growth. Understanding your budget, rates, terms or even just getting pre-qualified, The Westlake Team, DLC National has a mortgage for all your needs. Check ...Read more...
First Time Home Buyer Mortgage GTABy Scott WestlakeMay 21, 20190 comments#FTHB #firsttimehomebuyer #oakvillemortgage #gtamortgage Check out one of our new commercials as seen on TV. Regardless if your a First Time Home Buyer in Oakville, where our head office is located, or around the GTA we have a team that can help secure your next mortgage! Don't take our word for it, see some of the reviews ...Read more...
New WebsiteBy Scott WestlakeApril 29, 20190 comments#newwebsite #website Check out our new website, http://rwardz.com/client-page/www.thewestlaketeam.com A lot of our clients and referral partners think we do the majority of our business in Oakville. As a local Oakville based Mortgage Brokerage, we do a significant amount of our business ...Read more...
Net Worth MortgageBy Scott WestlakeApril 24, 20190 comments#networthmortgage #networth We are pleased to announce our net worth lending program is back! This program is designed to provide additional mortgage solutions to customers with moderate incomes who have a significant amount of verifiable liquid assets and strong credit scores. Asset Requirements: -Minimum ...Read more...
Self Employed MortgageBy Scott WestlakeApril 23, 20191 comments#selfemlpoyment #businessforself #businessforselfmortgage #mortgageselfemlyment In 2018 a lot of clients that filed income, as business for self, and showed lower personal income but had strong business financials were susceptible to potentially higher mortgage interest rates without access to programs like the one described below - having to use their net personal ...Read more...
Should you pay down your mortgage ASAP?1?By Scott WestlakeApril 13, 20190 comments#payingdownmortgage #mortgageadvise #twt #thewestlaketeam #scottwestlake I read a blog post from one of my peers on if it makes sense to pay your mortgage down ASAP (article below) and thought I would share my ten cents for my readers and clients. Depending upon your interest rate, other investments or opportunities you have available to ...Read more...