1st Newsletter of 2020! Our January Mortgage NewsletterBy Scott WestlakeJanuary 15, 20200 comments#monthlymortgagenewsletter #mortgageadvise #twt #thewestlaketeam #Mortgagebrokerageh Very exciting to be sharing our first Mortgage Newsletter of 2020! This month we touch on the following: 1. Changing Your Financial Direction 2 Improving your credit score isn't as hard as you think 3. About Dominion Lending Centres 4. Homeowner Tips In addition, ...Read more...
Mortgage Lending in 2020By Scott WestlakeJanuary 7, 20200 comments#mortgaegbroker #twt #thewestlaketeam #dlc #realestate #mortgageadvise #luxurylending #nichelending #2020predictions #gtamortgaegbroker Its a new year, a new decade and everyone thats buying, renewing, refinancing or in the real estate cycling wants to know what mortgage financing in 2020 is going to look like. In my opinion, lending in 2020 is going to be similar to the second half of 2019, unless the ...Read more...
Monthly Mortgage Newsletter - December 2019By Scott WestlakeDecember 2, 20190 comments#monthlymortgagenewsletter #mortgageadvise #twt #thewestlaketeam #Mortgagebrokerageh I can't believe its already December! Its a great time to reflect and be Thankful for all the amazing people in our lives. I would like to thank all our clients, referral sources, team members, family and friends that made 2019 one of our best years yet! We are very ...Read more...
Monthly Mortgage Newsletter - November 2019By Scott WestlakeNovember 5, 20190 comments#monthlymortgagenewsletter #mortgageadvise #twt #thewestlaketeam #Mortgagebrokerage For this months newsletter: https://www2.mambonetcom.com/cgi-bin/social/show.pl?cid=9589&sid=S1305&v=1572967460 Thanks again to all our amazing clients and referral sources for supporting our team! We are always appreciative! Keep those referrals coming! ...Read more...
Monthly Mortgage Newsletter October 2019By Scott WestlakeOctober 8, 20190 comments#monthlymortgagenewsletter #mortgageadvise #twt #thewestlaketeam #Mortgagebrokerage This month’s edition looks at same-lender renewal rates and improving your credit score. Please let me know if you have any questions or feedback regarding anything outlined below. Thanks again for your continued support and referrals! To read our monthly newsletter ...Read more...
The Westlake Team Joins Oakville Chamber of CommerceBy Scott WestlakeSeptember 25, 20190 comments#oakvillechamberofcommerce #oakvillechamber #thewestlaketeam #twt #mortgagenews #mortgageadvise #oakvillemortgagebroker The Westlake Team is very happy to become a member of The Oakville Chamber of Commerce. The Chamber is the voice of the Oakville business community: Advocacy, government relations, discount and saving programs and networking opportunities. The Oakville Chamber was established ...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...
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...
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...
Mortgage Document ChecklistBy Scott WestlakeFebruary 20, 20190 comments#mortgagedocumentchecklist #mortgaechecklist #twt #thewestlaketeam #twt #scottwestlake #oakvillemortgagebroker #mortgageoakville #gtamortgage #mortgageadvise #lucuryrealestate When applying for a mortgage or even better, when doing the pre-approval its crucial from an underwriting perspective to understand the buyers income. We have created multiple checklists to help clients understand whats required: Our checklist outlines what clients should ...Read more...
Canadian Mortgage Professionals 2019 Hot ListBy Scott WestlakeFebruary 18, 20190 comments#hotlist #CMPhotlist #scottwestlake #twt #thewestlaketeam #oakvillemortgagebroker #mortgagebrokergta #mortgageadvise #luxuryrealestate Each year Canadian Mortgage Professional (CMP) accepts nominations for their "HOT LIST." They commented on this group by saying, "despite a challenging year for the broker channel, these 40 mortgage professionals managed to set the industry on fire." I am proud to say the someone ...Read more...
How To Know When You Are Ready To Buy A HouseBy Scott WestlakeFebruary 18, 20190 comments#ishomeownershiprightforyou #areyoureadytobuy #preapproval #mortgagebrokeroakville #mortgagebrokertoronto #twt #thewestlaketeam #scottwestlake #mortgageadvise #oakvllemortgagebroker Signs you are ready to buy a house! 1. You have enough for your down payment -The minimum down payment to purchase a home in Canada is 5% and this should be a natural starting point. Being able to save for the down payment shows the discipline needed for home ownership ...Read more...
Q & N with Scott Westlake on MortgagesBy Scott WestlakeFebruary 6, 20191 comments#mortgageadvise #scottwestlake #twt #thewestlaketeam #bestoakvillemortgagebroker #torontomortgagebroker #oakvillemortgage #burlingtonmortgage #bestmortgagebroker #luxuryrealestate #luxuryfinancing 1. How do I get the best rate 2. How long does it take to get pre-approved 3. What documents are needed for a mortgage 4. Do you like brokering better than being a banker 5. ...Answer1. Just ask. We constantly are finding the best rates for our clients. I just like to emphasize the importance in finding the best rates for YOU. We have a free mortgage app that publishes ...Read more...
February 2019 Mortgage NewsletterBy Scott WestlakeFebruary 5, 20190 comments#mortgageadvise #luxuryrealestate #oakvillemortgagebroker #burlingtonmortgagebroker #twt #thewestlaketeam #scottwestlake #homeowners #alternativelending #alternative #mortgage #mortgageadvise This February we touch on the ABC's of Alternative Lending and the idea of if "we" are qualified to help qualify you for a mortgage. We also provide a homeowners tip on insurance and provide some additional information on who is DLC along with who is The Westlake Team if you ...Read more...
Commercial Mortgage Oakville, GTABy Scott WestlakeJanuary 30, 20190 comments#oakvillecommercialmortgage #commercialmortgage #thewestlaketeam #twt #scottwestlake #commerciallendingoakville #commerciallending #commercialmortgage #commercialmortgagetoronto #mortgageadvise Commercial Lending is one of our fasting growing verticals within The Westlake Team. Similar to our Residential vertical, we have built significant relationships with Banks, Credit Unions, Trust Companies, Insurance Companies and Private Capital to once again, be our commercial ...Read more...