Updates on our free mortgage appBy Scott WestlakeJuly 15, 20190 comments#mortgageapp #oakvillemortgagebroker #gtamortgage #twt #thewestlaketeam #scottwestlake Its our one year anniversary of unveiling, My Mortgage Toolbox, the free mortgage app our clients and referral sources can download and use for their home buying needs. Calculating closing costs, being able to be pre qualified in under 60 seconds or simply compare payments and search ...Read more...
How A Mortgage Pre Approval Works! (Video Explanation)By Scott WestlakeJuly 11, 20190 comments#preapproal #firsttimehomebuyer #FTHM #twt #thewestlaketeam #oakvillemortgage #gtamortgage A lot of people overlook the importance of a pre approval. Not everyone realizes a pre approval can lock in interest rates so that your ahead of the market if rates shift and may not be impacted. You also can get peace of mind knowing your pre qualified for a mortgage ...Read more...
20 Terms Homebuyers Need to KnowBy Scott WestlakeJuly 10, 20190 comments#keymortgageterms #mortgageterminology #buyingahome #firsttimehomebuyer #FTHB #twt #thewestlaketeam #scottwestlake #DLC A great article on some key terms homebuyers should know. Article originally posted by Kelly, from DLC. Please see full article credit at bottom of article... "Buying a home is one of the most important financial decisions you will make. It’s common for ...Read more...
Projected Income for Medical Professional ProgramBy Scott WestlakeJuly 8, 20190 comments#projectedincomemortgage #medicalprofessionalmortgage #mortgagefordoctor #twt #thewestlaketeam #oakville #GTA When stated income mortgage programs were removed from lenders, it left a lot of clients including medical professionals looking for mortgage solutions. By bringing back a projected income program, we now can better serve the medical community that are recently licensed and have ...Read more...
How to Get the Best Mortgage!By Scott WestlakeJuly 4, 20190 comments#bestmortgage #mortgaegadvise #bestrate #constructionmortgage #selfemployedmortgage #oakvillemortgagebroker #gtamortgage #twt #thewestlaketeam #scottwestlake Defining BEST Mortgage is difficult as we all have different unique needs and requirements. To a lot of clients the best mortgage involves the best rate, which we can help find and provide to our clients. To others, the best mortgage is one than can get them the approval ...Read more...
Monthly Mortgage Newsletter July 2019By Scott WestlakeJuly 2, 20190 comments#julymonthlynewsletter #mortgagenewsletter #homeowners #twt #thewestlaketeam #scottwestlake We hope everyone had a terrific long weekend while celebrating Canada! This month we touch on: 1. Five Mortgage Tips to help you afford a home. 2. How a Home Inspection can give you peace of mind. 3. Our Summer To-Do List 4. How ...Read more...
Types of Commercial MortgagesBy Scott WestlakeJune 28, 20190 comments#commercialmortgage #commerciallending #twt #thewestlaketeam OUR TEAM IS ALWAYS LOOKING FOR INNOVATIVE WAYS TO MINIMIZE THE COST OF FUNDS AND MEET OTHER UNIQUE NEEDS OF THE BORROWER SUCH AS LIMITED GUARANTEES, FUNDING PRIOR TO LEASE-UP AND THE FIXING OF INTEREST RATES PRIOR TO THE COMPLETION OF DEVELOPMENT PROJECTS. CMHC INSURED ...Read more...
More Than Just Mortgages!By Scott WestlakeJune 27, 20190 comments#mortgage #equipmentleasing #businessforself #selfemployedmortgage #oakvillebrokerage #bestbroker #twt #thewestlaketeam Its funny - I read this post by a colleague of mine, David Cooke and I couldn't agree more with his thoughts. He described DLC brokerages as more than a mortgage company because we can offer other lending services, like equipment leasing. But we also offer, Visa cards, mortgage ...Read more...
Leave us a Review!By Scott WestlakeJune 25, 20190 comments#revews #mortgageteam #mortgagebrokerage #testimonials #oakville #GTAmortgage #muskoka #thewestlaketeam #twt #scottwestlake We recently starting asking for reviews. We started just a few months back after years of not having the right platform or making the process of asking a part of our routine. Now, years later we are asking and its humbling to see the amazing comments left by our clients ...Read more...
Recent Mortgage - Refinance $640,000By Scott WestlakeJune 24, 20190 comments#refinance #mortgage #oakvillemortgagebroker #gtamortgage #twt #thewestlaketeam Backstory: Originally, the clients came to us to get pre-approved for a mortgage to buy a new home. After months of searching, reviewing their existing financing and speaking with a solid realtor that really took the clients considerations into heart, decided they could ...Read more...
Top 50 Monthly RevenueBy Scott WestlakeJune 17, 20190 comments#toprevenue #top50 #twt #oakvillemortgagebroker #gtamortgages #thewestlaketeam Very proud that we hit Top 50 Monthly Revenue throughout Q1 amongst thousands of brokers - during, what a lot of people in real estate, considered to be a slow quarter! Thanks to all our referral sources and clients! If we counted our entire teams revenue I am sure we would be top ...Read more...
Recent Mortgage - Construction Financing Cottage Country - $2,475,000By Scott WestlakeJune 17, 20190 comments#constructionfinancing #cottagemortgage #oakvillemortgagebroker #gtamortgage #twt #thewestlaketeam #muskokabuild #muskoka We had the pleasure of supporting repeat clients of ours financing another cottage build in Cottage Country. We provided both land acquisition financing to purchase the property as well as the construction financing for the cottage build out. Backstory: Clients ...Read more...
Recent Transaction - $748,000 Residential MortgageBy Scott WestlakeJune 10, 20190 comments#oakvillemortgagebroker #gtamortgage #thewestlaketeam #residentialpurchase #bestrates #mortgageteam Nothing overly complicated about this mortgage. Perhaps the way it was referred to us was flattering, but we highlight this mortgage, because our team can easily be categorized as a non-traditional or niche lending mortgage solution provider. When in fact, the most common mortgage ...Read more...
Recent Transaction - Net Worth Mortgage Explained $2mil MortgageBy Scott WestlakeJune 7, 20190 comments#networthmortgage #oakvillemortgagebroker #gtamortgage #scottwestlake #twt #thewestlaketeam We recently funded one of the first mortgages under a new Net Worth Mortgage Program. BackStory: Our client had large investments in marketable securities. The client is business for self and had been taking a draw from and investment portfolio held within a corporate ...Read more...
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...