Mortgage Blog

How a Bridge Loan Can Help You Buy Your Next Home

April 27, 2025 | Posted by: Nicholas Pratile

In today’s fast-moving real estate market, timing doesn’t always work out perfectly. You might find your dream home before your current home sells — and that's where a bridge loan be ...

How to Keep Your Home After Separation — Even If You Don’t Qualify Alone

April 20, 2025 | Posted by: Nicholas Pratile

Going through a separation or divorce is never easy — emotionally, mentally, or financially. And for many couples in Ontario, one of the biggest concerns is: what happens to the home? If you& ...

How to Get a Mortgage for a Pre-Construction Condo in Ontario, Canada

February 27, 2025 | Posted by: Nicholas Pratile

How to Get a Mortgage for a Pre-Construction Condo in Ontario, Canada Buying a pre-construction condo in Ontario is a great way to secure a property at today’s prices while it’s being bui ...

Understanding Second Mortgages: Are They Right for You?

February 3, 2025 | Posted by: Nicholas Pratile

One of the biggest benefits to purchasing your own home is the ability to build equity in your property. This equity can come in handy down the line for refinancing, renovations, or taking out additio ...

How I Helped My Client Avoid a Costly Mistake

January 24, 2025 | Posted by: Nicholas Pratile

A client recently came to me with a renewal letter from their current lender, arranged by a previous broker. The client was ready to sign a 5-year fixed-rate mortgage simply because it offered a lower ...

How Rent-to-Own Helped a Client Secure Their Dream Home

January 16, 2025 | Posted by: Nicholas Pratile

Background Client: Sarah Situation: Sarah, a self-employed entrepreneur in Ontario, was struggling to secure a mortgage despite having a stable income. Her declared income on tax returns wa ...

Is Rent-to-Own the Right Solution for You?

January 13, 2025 | Posted by: Nicholas Pratile

Is Rent-to-Own the Right Solution for You? Rent-to-own programs can offer a lifeline to clients facing unique financial or personal challenges. At Mortgages with Nicholas, we’ve identified spec ...

How Jane and Mark Used an RRSP Loan to Achieve Their Dream of Homeownership

January 8, 2025 | Posted by: Nicholas Pratile

Background Jane and Mark, a young couple from Ontario, were eager to purchase their first home. However, like many first-time homebuyers, they faced a significant hurdle: insufficient savings for a do ...

Using an RRSP Loan in Canada for a Down Payment on a Home

January 8, 2025 | Posted by: Nicholas Pratile

Purchasing a home is a significant milestone, and for many Canadians, saving for a down payment is one of the biggest challenges. Did you know you can use an RRSP loan to help fund your down payment? ...

First-Time Homebuyer : Land Transfer Tax Rebate

January 7, 2025 | Posted by: Nicholas Pratile

Understanding the Land Transfer Tax Rebate for First-Time Homebuyers in Canada Purchasing your first home is an exciting milestone, but it comes with significant costs, including the Land Transfer Ta ...

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