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...
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...