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30 Sep 2026
By Aadil Nathoo

Why Changing Jobs for More Money Can Still Complicate a Home Purchase

Mortgage Tips, ,
Getting a new job with a higher salary sounds like good financial news, especially when you are preparing to buy a home. But if the change happens while you are applying for a mortgage, the timing can create additional questions. Mortgage qualification is not based solely on how much you earn. Lenders also evaluate the stability, history, and documentation of the income being used to qualify.Higher Income Does Not Automatically Mean Easier ApprovalA substantial raise can strengthen a buyer's finances, but a new employment situation may need to be reviewed before that additional income can be used.The type of compensation…
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29 Sep 2026
By Aadil Nathoo

How a Seller Credit Can Change the Cash You Need Without Changing the Home’s Price

Mortgage Tips, ,
When buyers negotiate the purchase of a home, price often gets most of the attention. But the final sales price is not the only number that can affect how much money a buyer needs at closing. In some transactions, a seller credit can help with certain eligible closing expenses without requiring the seller to reduce the home's purchase price. What Is a Seller Credit?A seller credit, sometimes called a seller concession, is an amount the seller agrees to contribute toward certain buyer costs associated with the transaction. Depending on the mortgage program and transaction, eligible costs may include items such…
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28 Sep 2026
By Aadil Nathoo

What’s Ahead For Mortgage Rates This Week – September 28th, 2026

Financial Reports, ,
With a light week the previous week, only a few data reports will have any far reaching impact, with the M2 money supply and the Federal Reserve Balance sheet giving the most insight. The M2 Money supply has really only increased ever since the COVID pandemic, and has more or less kept in line with the rate inflation has been impacting the costs of many sectors. While the Federal Reserve balance sheets show a trend of increasing lately, it has shown there is still restraint by the Federal Reserve which is evidenced by the recent increase in interest rates. They…
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25 Sep 2026
By Aadil Nathoo

Why a Condo’s Finances Can Matter Almost as Much as Yours When Getting a Mortgage

Home Buyer Tips, ,
When applying for a mortgage, buyers expect their income, credit, debts, assets, and employment to receive plenty of attention. Condo buyers can encounter another layer that sometimes comes as a surprise. Depending on the financing being used, the financial and operational condition of the condominium project itself may also matter. You Are Buying More Than the UnitA condominium purchase usually includes ownership of an individual unit along with an interest in shared areas and responsibilities. Those shared responsibilities are typically managed by a condominium or homeowners association. The association may collect dues, maintain common areas, purchase certain insurance coverage, fund…
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24 Sep 2026
By Aadil Nathoo

What Happens When the House You Want Has a Solar Loan Attached to It?

Home Buyer Tips, ,
Solar panels can be an appealing feature when shopping for a home, especially for buyers interested in energy efficiency. But seeing panels on the roof does not tell you who owns them or whether money is still owed. If the solar system was financed, the outstanding obligation can become an important part of the home purchase conversation.First Find Out Who Owns the SystemSolar arrangements can vary. The homeowner may own the system outright, be paying off a solar loan, or have another type of agreement associated with the equipment. Those distinctions matter because purchasing the house does not necessarily make…
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