In this special episode of The Mortgage Den with host Nick Da Silva, Northwood Mortgage Ltd. celebrates 35 years of empowering homeowners across Ontario. Founded by Art Appleberg, Northwood has grown into one of the province’s largest independent mortgage brokerages, serving both residential and commercial clients throughout the GTA. From debt consolidation and mortgage renewals to commercial financing and mortgage investment opportunities, Northwood works with over 100 lenders to secure the lowest rates for clients. With a team of seasoned mortgage agents, dedicated underwriters, and innovative technology ensuring safe and efficient processing, Northwood continues to lead the industry in trusted advice, competitive solutions, and long-term client relationships. Tune in to discover how Northwood makes homeownership dreams possible and why clients keep coming back for every stage of their financial journey.

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In this episode of The Mortgage Den by Northwood Mortgage, host Nick Da Silva sits down with Real Estate Downsizing Specialist Ray Nakon to unpack the challenges and opportunities of downsizing in today’s housing market. From retirees and empty nesters seeking smaller homes to divorcees navigating financial transitions, this conversation covers essential strategies for equity management, bridge financing, selling before buying, and overcoming decluttering paralysis. Ray also highlights the importance of cosmetic upgrades, working with the right professional team—mortgage brokers, real estate experts, financial planners, and more—and planning ahead to make the downsizing process smooth and stress-free. Whether you’re reducing your footprint or unlocking home equity, this episode delivers practical downsizing tips and real estate insights you can’t afford to miss.

Hosted on Acast. See acast.com/privacy for more information.

Hosted on Acast. See acast.com/privacy for more information.

Reverse Mortgage EXPLAINED: What They Don’t Tell You | The Mortgage Den

In this episode of The Mortgage Den by Northwood Mortgage, Principal Broker Nick Da Silva and Mortgage Agent Natalie Araujo break down the truth about reverse mortgages in Canada—debunking myths around home ownership, inheritance, and interest rates. Learn how homeowners 55+ can access tax-free income while keeping full title to their home and avoiding monthly payments. Discover how reverse mortgages can be used to eliminate existing mortgages, delay CPP/OAS withdrawals, or help adult children, all while preserving estate equity. The hosts also explore what happens when the homeowner dies, repayment timelines, and the real risks of second mortgages in a declining market. Whether you're planning for retirement or exploring lending options, this episode is packed with must-know insights for Canadian homeowners.

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Mortgages: What You NEED to Know | The Mortgage Den Podcast

In this episode of The Mortgage Den by Northwood Mortgage, Principal Broker Nick Da Silva sits down with Mortgage Broker Scott Robson to tackle one of the most overlooked financial challenges—mortgages and property planning during separation or divorce. With over 40% of marriages ending in divorce and even higher rates in second and third unions, it's crucial to understand how mortgage obligations, refinancing, title rights, alimony, and child support impact your financial future. Learn how separation agreements, refinancing rules, and property buyouts affect both common-law and legally married couples. Whether you're navigating a split or preparing for one, this episode provides expert mortgage advice, practical tips, and key insights to help protect your credit, assets, and real estate decisions during this emotionally and financially sensitive time. 

#MortgageAdvice #MortgageTips #NorthwoodMortgage #RefinanceTips #RealEstateTips #RealEstate #Divorce #DivorcePlanning #MortgageBroker #Mortgage #TheMortgageDen #Podcast

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How to Qualify for a Mortgage in Canada | The Mortgage Den Podcast

In this episode of The Mortgage Den by Northwood Mortgage, host Nick Da Silva is joined by seasoned mortgage broker Leo Saleh to break down the four pillars of mortgage qualification in Canada: employment, credit, liability, and down payment. Learn why a minimum credit score of 620 is required and how scores above 680 can unlock better terms. Leo shares key insights on employment verification, self-employed mortgage requirements, and why down payment documentation and gift letters matter. The episode also covers the impact of the mortgage stress test, how debt service ratios affect buying power, and why choosing the right mortgage product means looking beyond just the rate. Whether you're a first-time buyer or refinancing, this is your essential guide to mortgage readiness in today’s market.

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How To Pay Off Your Mortgage Faster | The Mortgage Den

In Episode 9 of The Mortgage Den Podcast by Northwood Mortgage, host Nick Da Silva welcomes Level 2 Mortgage Agent Ian Martin to explore top mortgage strategies every Canadian homeowner should know, including the benefits of bi-weekly mortgage payments, how to use mortgage prepayment privileges to pay off your mortgage faster, and the smart way to consolidate high-interest debt through mortgage refinancing. Learn how aligning payments with your paycheck schedule, doubling monthly payments, making lump sum contributions, and refinancing at lower mortgage rates can help you save thousands on interest, reduce your amortization, and eliminate high-interest debt like credit cards and personal loans. Whether you're a first-time homebuyer or looking to manage your mortgage more efficiently in 2025, this episode offers expert mortgage advice, practical refinancing tips, and real ways to improve your financial future.

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The TRUTH About Private Mortgages in Canada (What Your Bank Won’t Tell You) | The Mortgage Den

In Episode 8 of The Mortgage Den Podcast, host Nick Da Silva sits down with Northwood Mortgage broker Scott Robson to break down the pros and cons of Private Mortgage Lenders in Canada. Learn how private lenders—operating outside OSFI rules—offer flexible options for borrowers with bad credit, non-traditional income, or those declined by banks. We cover key topics like higher interest rates, fees, the need for solid exit strategies, and the growing role of Mortgage Investment Corporations (MICs) in today’s market. Whether you’re a buyer, investor, or industry pro, this episode offers must-know insights into Canada’s alternative lending space.

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