7 - DLC - Blog - The Westlake Team

Are We Starting To See A Slowdown In Canadian Housing

By Scott WestlakeMay 18, 20210 comments

#economicupdate #drsherrycooper #mortgagerates #Mayhomesales #SW #TWT #DLC #scottwestlake

For more information on this article or to connect with our team for your upcoming mortgage needs, contact scott@thewestlaketeam.com Starting to See a Slowdown in Canadian ...Read more...

First Responder Mortgage Program

By Scott WestlakeMay 17, 20210 comments

#firstrespondermortgageprogram #firstresponder #DLC #TWT #SW

We are extremely excited to share the news about our NEW Mortgage Program! Exclusive to DLC and available through our Mortgage Brokers -The Dominion Lending Centres First Responder Mortgage Program. Launch date June 1, 2021! This is an incredible offering that allows us to ...Read more...

Recently Funded - High Ratio Insured Purchase For First Time Home Buyer

By Scott WestlakeMy PortfolioMay 12, 20210 comments

#recentlyfunded #recentlyfundedmortgage #FTHB #TWT #SW #DLC

TWT recently funded a $882,440 High Ratio Insured Mortgage for our First Time Home Buyers. The purchase price was $915,000 and our clients wanted the lowest down payment. For CMHC-insured mortgage loans, you must have the following: • 5% down payment for ...Read more...

25 Tips To Pay Down Your Mortgage Faster and Save You Money

25 Tips To Pay Down Your Mortgage Faster & Save You Money!

By Scott WestlakeMay 11, 20210 comments

#paydownmortgagefaster #sw #twt #DLC

For more information on working with Dominion Lending Centres and/or one of our brokers for your next mortgage, contact scott@thewestlaketeam.com 25 Secrets To Pay Down Your Mortgage Faster & Save You Money. Twenty-five or thirty years can sound like an impossibly ...Read more...

Outside The Box - Container Homes Tiny Homes and Yurts

Outside The Box - Container Homes, Tiny Homes & Yurts

By Scott WestlakeMay 7, 20210 comments

#outsidethebox #alternative #financing #DLC #SW #TWT

Outside The Box. For most Canadians, a home looks like a few different things. It is either a single-family dwelling, a townhome, condominium or a high-rise. But Daniel Croft, Vice President of Giant Container Services, is looking to change that! In the quest to find less expensive ...Read more...

Recently Funded - Self Employed Mortgage Refinance $1.4M

By Scott WestlakeMy PortfolioMay 6, 20210 comments

#fundedmortgage #recentlyfunded #portfolio #refinance #ETO #SW #TWT #DLC

TWT Recently Funded a Mortgage Refinance for $1.4M for Self Employed Clients. Purpose of refinance was a combination of equity take out for home improvement & debt consolidation. Clients have built up significant equity but also accumulated unsecured debt. Clients ...Read more...

How To Afford a Secondary Property In Retirement

By Scott WestlakeApril 28, 20210 comments

#seondhome #retirement #SW #TWT #DLC

For support on setting up a mortgage for a second property or for any mortgage related advise or information on this article, you can contact our office, scott@thewestlaketeam.com or 416-436-1135. How to Afford a Second Property in Retirement. More and more Canadians ...Read more...

Bank of Canada Holds Rates Steady, But Pares Bond-Buying Program

By Scott WestlakeApril 21, 20210 comments

#mortgagerates #ratechange #SW #TWT #sherrycooper #DLC #mortgagebroekr

For more information on how our mortgage brokerage can help with your current or next mortgage or how this information impacts you, please connect with scott@thewestlaketeam.com ...Read more...

Trudeau Opens the Spigots for Social Spending, Income Support, and a Green Economy.

By Scott WestlakeApril 21, 20210 comments

#DrSherryCooper #DLC #SW #TWT #scottwestlake #federalbudget #mortgaegnews

For more information on how the budget impacts your current or future mortgage needs, please contact scott@thewestlaketeam.com Chrystia Freeland’s First Budget is As Promised In more than two years, the first federal budget extends Ottawa’s COVID-19 “lifeline” ...Read more...

Home Buyer Guide

By Scott WestlakeApril 14, 20210 comments

#homebuyingguide #cmhcbuyingguide #dlc #twt #SW #scottwestlake

For a copy of the CMHC home buying guide, please email scott@thewestlaketeam.com Market Smarts: Home Buying Guide. The Canada Mortgage and Housing Corporation (CMHC) is one of Canada’s three mortgage insurers. Beyond insuring mortgage, CMHC also offers consumer ...Read more...

Relocate or Renovate.

By Scott WestlakeApril 12, 20210 comments

#renovation #purchase #mortgagebroker #mortageadvise #DLC #TWT #SW #scottwestlake #HGTV

For more information on how to obtain the right mortgage for you, be it renovation or purchasing a new home email scott@thewestlaketeam.com or call 416-436-1135 Relocate or Renovate. Like Lighting in a Bottle. That’s how Todd Talbot describes the chemistry between ...Read more...

Banking Regulator Aims To Make It Tougher To Get An Uninsured Mortgage

By Scott WestlakeApril 9, 20210 comments

#mortgagestresstest #mortgaegqualification #twt #dlc #sherrycooper #scottwestlake

For more information on how this impacts your future or current mortgage, be it purchase, refinance or renewal, email scott@thewestlaketeam.com or call or text 416-436-1135 ...Read more...

Monthly Mortgage Newsletter - April 2021

By Scott WestlakeApril 7, 20210 comments

#monthlymortgagenewsletter #mortgagenews #twt #scottwestlake #dlc

For more information on working with Scott Westlake, one of our agents or joining our team, email scott@thewestlaketeam.com or text 416-436-1135 ...Read more...

The Role of a Mortgage Broker

By Scott WestlakeApril 2, 20210 comments

#mortgagebroker #scottwestlake #mortgageproscan #dlc #twt

"VANCOUVER -- The housing market in Metro Vancouver has continued to remain red hot, despite there being a worldwide pandemic. A very similar story is being played out across Canada. Paul Taylor, president of Mortgage Professionals Canada, shared that a lack of inventory ...Read more...