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...
March Monthly Mortgage NewsletterBy Scott WestlakeMarch 5, 20190 comments#monthlymortgagenewsletter #mortgagetips #mortgagenews #twt #thewestlaketeam #scottwestlake #DLC #oakvillemortgage #gtamortgagebroker This March we touch on a few different topics: 1. Going through a divorce, doesn't mean you have to split from your home -Understanding what a spousal buyout program is. 2. Insurance products for when you own a home. -Touching on Title Insurance, Mortgage Protection ...Read more...
Purchase Plus ImprovementsBy Scott WestlakeMarch 4, 20190 comments#purchaseplusimprovement #homerenovation #renovationmortgage #twt #thewestlaketeam #scottwestlake #oakvillemortgagebroker #gtamortgage #luxuryrealestate Have you ever walked through a home thats almost perfect. If you could only renovate one of the washrooms or them all. Update the Kitchen or make the Laundry Room more functional. These renovations often happen while living in the home but few people realize we can ...Read more...
Mortgage Stress Test CalculatorBy Scott WestlakeFebruary 28, 20190 comments#mortgagestresstest #stresstestmortgage #twt #thewestlaketeam #scottwestlake #preapproval #mortgagecalculator #realestate Are you wondering how the "stress test" impacts your ability to buy a home? We launched an app this past year to specifically help you calculator what you can afford. By downloading: https://www.dlcapp.ca/app/scott-westlake you can quickly click on our stress ...Read more...
How to pay off your Mortgage FASTER in CanadaBy Scott WestlakeFebruary 28, 20190 comments#mortgagetips #mortgaegeadvise #buyingahome #twt #thewestlaketeam #scottwestlake #oakvillemortgagebroker #burlingtonmortgagebroker #torontomortgage As a brokerage that originates a lot of mortgage business, I feel we have a responsibility to not only help Canadians get into their homes but also help them become mortgage free faster. Below are my tips on how you can do this! 1. Choose an accelerated mortgage payment ...Read more...
How to get a Mortgage on a CottageBy Scott WestlakeFebruary 28, 20190 comments#financingcottage #cottagemortgage #muskokamortgage #twt #thewestlaketeam #scottwestlake #bestmortgagebrokermuskoka #muskokamortgagebroker Financing a cottage can be as easy as financing your principal residence or more complicated than you can imagine. This is why we strongly recommend getting advise before making the multiple drives back and forth to cottage country without being properly informed. When ...Read more...
Transferring or Switching your MortgageBy Scott WestlakeFebruary 26, 20190 comments#switchmortgaeg #transfermortgage #twt #thewestlaketeam #scottwestlake #oakvillemortgagebroker #refinancingmortgage #mortgagerenewal Transferring your mortgage or switching your mortgage from one lender to another is usually done in order to take advantage of a better rate or better terms. A transfer or switch is different then a refinance. A transfer/switch is when you don't add any money to the mortgage, ...Read more...