08 Aug 2025
By Aadil Nathoo

Why Retirees Are Taking Out Mortgages on Purpose

Mortgage Tips, ,
For generations, the goal was simple, pay off your mortgage before retirement and enjoy your golden years debt-free. But today’s retirees are changing the conversation. More and more, homeowners in or near retirement are choosing to take out a mortgage on purpose, not out of necessity. And for many, it is a smart financial move. So why would someone take on a mortgage after age 60, 70, or even 80? The answer lies in strategy, flexibility, and long-term planning. Preserving Retirement Assets Many retirees live on a fixed income, often supported by savings, pensions, or investment accounts. Tapping into these…
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07 Aug 2025
By Aadil Nathoo

Your Mortgage Timeline, Backward

Mortgage Tips, ,
For many homebuyers, the mortgage process feels like a maze. You know you want to own a home, but the path to get there can feel confusing. So let us try something different. Instead of walking forward through the process, let us walk backward, starting from the moment you get the keys and working our way to where you are now. Seeing it in reverse can help demystify the journey and show you how each step builds on the last. Closing Day: You Get the Keys This is the moment you have been waiting for. On closing day, all paperwork…
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06 Aug 2025
By Aadil Nathoo

From Divorce to Fresh Starts, the Mortgage Paths No One Talks About

Mortgage Tips, ,
When people think about getting a mortgage, the story usually sounds the same, young couple, starter home, perfect timing. But real life does not always follow that script. The truth is, many people come to the mortgage process in the middle of a major life change. Divorce, job loss, rebuilding credit, or starting over later in life, these chapters are real, and so are the mortgage paths that come with them. If this is where you find yourself, you are not alone, and you are not without options. Divorce and the Next Chapter Divorce is one of the most common…
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05 Aug 2025
By Aadil Nathoo

Why Getting Pre-Approved Feels So Intimidating, and Why It Shouldn’t

Mortgage Tips, ,
For many people, the idea of getting pre-approved for a mortgage feels overwhelming. You are asked to hand over personal financial information, trust a stranger with your credit report, and answer questions you may not feel ready to face. It is no wonder some buyers delay this step, even when they are serious about purchasing a home. But here is the truth, getting pre-approved is not something to fear. It is one of the most empowering steps you can take as a buyer. The Emotional Roadblock Let us start by acknowledging the emotions involved. The pre-approval process can feel personal,…
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25 Jul 2025
By Aadil Nathoo

The Effect of Local Job Markets on Mortgage Lending

Mortgage Tips, ,
When evaluating the housing market, many people focus on home prices and interest rates. However, one critical factor that often goes unnoticed is the strength of the local job market. Employment trends directly affect mortgage lending by influencing both buyer demand and lender confidence. Why Local Employment MattersA stable job market means more people have consistent incomes, making them more likely to qualify for home loans. Lenders assess local employment data when determining mortgage risk in a particular area. If job growth is strong, lenders are typically more willing to offer loans, knowing that borrowers are less likely to default.…
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