Mortgage Pre-Qualification in less than 60 seconds is here!!!By Scott WestlakeApril 9, 20190 comments#mortgageapp #prequalify #preapproval The update we have been waiting for is finally available for download on the Apple Store & Google Play in which our clients and referral sources can use our app to get pre-qualified in under 60 seconds. In my opinion its the most comprehensive pre-qualification tool that actual ...Read more...
Source of Funds - Organizing your Down PaymentBy Scott WestlakeApril 5, 20190 comments#sourceofdownpayment #downpayment #mortgageadvise #twt #thewestlaketeam #scottwestlake A great explanation on what and why our lenders require when it comes to verifying sources of funds for a down payment. The good news is, working with a mortgage broker and more specifically a team like ours with infrastructure helps with this process, along with everything else! ...Read more...
Scott Westlake on I Love Mortgage BrokeringBy Scott WestlakeApril 4, 20190 comments#blog #ILMB #ilovemortgagebrokering #scottwestlake Check out Scott's interview with I Love Mortgage Brokering! Quick Info from interview: [4:15] I wanted to keep hiring people, but the bank would not let me. [5:30] How did you keep 4 employees busy? [10:15] Leaving the bank meant losing the leads ...Read more...
Scott Westlake on Next Level Loan Officer - "How to build a business on customer satisfaction"By Scott WestlakeApril 4, 20191 comments#nextlevelloanofficer #scottwestlake #vlog #blog Check out Scott's interview with Next Level Loan Officer. Took place in December and was about building your business through customer satisfaction! Three Things We Learned From This Episode What makes us stand out in this business (05:15 - 06:06 ) ...Read more...
April Monthly Mortgage NewsletterBy Scott WestlakeApril 4, 20190 comments#monthlymortgagenewsletter #mortgagetips #mortgagenews #twt #thewestlaketeam #scottwestlake #DLC #oakvillemortgage #gtamortgagebroker This month we touch on the following topics: 1. How to Protect your Pre Approval 2. Moving up or down the Property Ladder 3. Homeowner Tip on Exterior Renovation To read our monthly mortgage newsletter, click the following link https://www2. ...Read more...
Residential, Commercial & Construction MortgagesBy Scott WestlakeApril 2, 20191 comments#residential #commercial #construction #marketing #advertisement #oakvillegala We recently participated in the Oakville Awards Gala, recognizing a lot of great businesses and entrepreneurs in our community, including yours truly, nominated for Young Entrepreneur of the Year. One of the marketing partners created this advertisement for the brochure that ...Read more...
Equipment LeasingBy Scott WestlakeMarch 29, 20190 comments#equipmentleasing #commerciallending Our clients for years know our residential lending platform. Access to multiple lenders, terrific rates and the ability to help with purchases, refinances and renewals. More recently, we have invested in niche programs like our agent training platform, construction financing, ...Read more...
Federal Budget 2019 - Actions for HomebuyersBy Scott WestlakeMarch 22, 20190 comments#federalbudget2019 #millenials #firsttimehomebuyer #FTHB #TWT #thewestlaketeam #scottwestlake There has been a mixed reviews on the recent Federal Announcement with regards to addressing affordability for home owners in Canada. Everything from excitement over the increased Maximum withdrawal from your RRSP to disappointment in the CMHC First Time Home Buyer Incentive. ...Read more...
Mortgages for Investment PropertiesBy Scott WestlakeMarch 19, 20190 comments#rentalproperty #investmentmortgage #investmentproperty #rentalmortgage Turning to real estate for investment purposes is nothing new. In fact, when other markets are underperforming we tend to see a lift in clients seeking alternative investment strategies. Real estate, unlike other investments tend to be a little more familiar and comforting to ...Read more...
Get Pre Qualified for a Mortgage in 30 secondsBy Scott WestlakeMarch 16, 20190 comments#mortgageapp #prequalify #preapproval Our FREE Mortgage App just got better! We can now pre-qualify clients in under 30 seconds. Our app will even generate a certificate with the approval amount and all the data used to pre-qualify you. Download our free app and know what you pre-qualify for https://www.dlcapp.ca/app/scott-westlake We ...Read more...
First Home Buyer GuideBy Scott WestlakeMarch 16, 20190 comments#firsttimehomebuyer #firsttimehomebuyerguide #twt #thewestlaketeam #scottwestlake Genworth came out recently with a terrific digital version of their first time home buyer guide. The guide is 22 pages and one of the more comprehensive guides for first time home buyers. Its very comparable to our recent magazine that was distributed and focused on ...Read more...
Becoming a Mortgage AgentBy Scott WestlakeMarch 14, 20190 comments#newmortgageagent #mortgageagentcourse #jointwt #twt #thewestlaketeam #scottwestlake #mortgagebroker #mortgageagent #mortgageagenttraiing Becoming a Mortgage Agent is not necessary hard. Its becoming a successful Mortgage Agent that is extremely hard. At The Westlake Team, we pride ourselves in helming with that success. With the proper infrastructure, mentorship and support, the results a new agent ...Read more...
Our House MagazineBy Scott WestlakeMarch 11, 20190 comments#ourhouse #mortgagemagazine #firstimehomebuyer #oakvillemortgagebrokerage #gtamortgage #lucuryfinance #buyingahome #myfirsthome #firstmortgage This past year our brokerage launched OUR HOUSE Magazine. The magazine is distributed quarterly with mortgage relevant information. For example, this last addition specifically focuses on First Time Buyers and provides a comprehensive guide on what you need to know when buying ...Read more...
A Guide to the CHIP Reverse Mortgage ProgramBy Scott WestlakeMarch 7, 20190 comments#reversemortgage #CHIP #CHIPreversemortgage #retirementmortgage #twt #thewestlaketeam #scottwestlake #mortgagebroker We just received the updated guide for CHIP Reverse Mortgages and are available for distribution. This guide covers the following topic: 1. A note from the President of CHIP 2. What is a Reverse Mortgage 3. The Benefits of CHIP Reverse Mortgage ...Read more...
Bank of Canada Reduces Prospects of Rate HikeBy Scott WestlakeMarch 6, 20190 comments#BoC #mortgagerateupdate #twt #thewestlaketeam #scottwestlake #dlc #mortgagenews BANK OF CANADA REDUCES PROSPECTS OF A RATE HIKE In a very dovish statement, the Bank of Canada acknowledged this morning that the slowdown in the Canadian economy has been deeper and more broadly based than it had expected earlier this year. The Bank had forecast weak exports and ...Read more...
Oakville Young Professional or Entrepreneur of the Year (YPEG)By Scott WestlakeMarch 5, 20190 comments#oakvillebia #YPEG #awards #twt #thewestlaketeam #scottwestlake #bestmortgagebroker #oakvillemortgagebrokerage #mortgage This past year I was nominated for the YPEG - Young Professional or Entrepreneur of the Year. I went through the vetting out process which included a detailed report on ones business, including: results, year over year growth, community involvement, mentorship, leadership, implementation ...Read more...