Mortgage Blog
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The Pros and Cons of Deferred Payments: “Don’t Pay for 1 Year” Explained
October 9, 2025 | Posted by: Nicholas Pratile
You’ve probably seen those tempting offers: “Buy now, don’t pay for 1 year!” Whether it’s furniture, appliances, or even home renovations, deferred payment promotions can ...
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Why a Lower Interest Rate Doesn’t Always Mean You Pay Less Interest
October 2, 2025 | Posted by: Nicholas Pratile
When shopping for a mortgage, most people focus on one thing: the interest rate. It feels like the deciding factor—after all, a lower rate means less interest, right? Not always. What man ...
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Navigating Your Financial Future: How a Consumer Proposal Affects Your Credit Report
September 23, 2025 | Posted by: Nicholas Pratile
Navigating Your Financial Future: How a Consumer Proposal Affects Your Credit Report For many Canadians, a consumer proposal is a valuable tool for managing debt and avoiding bankruptcy. While it p ...
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How to Use Cash Damming with a Rental Property to Make Your Mortgage Tax-Deductible
July 18, 2025 | Posted by: Nicholas Pratile
If you own a rental property in Canada, there's a little-known strategy that could help you turn your mortgage interest into a tax-deductible expense—even if your mortgage is on your per ...
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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 ...
read moreHow 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& ...
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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 ...
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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 ...
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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 ...
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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 ...
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