19 Sep 2025
By Aadil Nathoo

Myths About Mortgages That Still Fool Homebuyers

Mortgage Tips, ,
Buying a home is one of the biggest financial decisions most people will ever make, and the mortgage process can feel overwhelming. With so much information available, it is easy for myths to spread, and many homebuyers still believe ideas that are simply not true. Clearing up these misconceptions can make the path to homeownership less stressful and much more successful. Myth One: You Need Perfect Credit A common belief is that only people with flawless credit can qualify for a mortgage. While strong credit helps secure better rates, many loan programs exist for borrowers with less than perfect scores.…
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17 Sep 2025
By Aadil Nathoo

How Borrowers Can Benefit from Inflation with the Right Mortgage

Mortgage, ,
Inflation is a topic that impacts nearly every part of the economy, from the cost of groceries to long term financial planning. For homeowners and those considering a mortgage, inflation can feel intimidating. However, with the right perspective and strategies, borrowers can use inflation to their advantage and create lasting financial benefits. Understanding the Relationship Between Mortgages and Inflation Inflation reduces the purchasing power of money over time. While this can make everyday expenses higher, it also works in favor of borrowers with fixed rate mortgages. Since the mortgage payment stays the same each month, the real value of that…
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21 Aug 2025
By Aadil Nathoo

How to Avoid Mortgage Burnout

Mortgage Tips, ,
Buying a home is one of the most exciting milestones in life, but it can also be one of the most exhausting. From house hunting and comparing loan options to managing the financial paperwork and deadlines, the process can become overwhelming. Mortgage burnout happens when the stress and demands of the home buying journey begin to wear you down, making it harder to stay focused and positive. The good news is there are ways to protect yourself from burnout and keep the process manageable. Set Clear Expectations From the StartA big source of mortgage burnout is uncertainty. Understanding the timeline,…
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23 May 2025
By Aadil Nathoo

How Much Down Payment Do You Need for a Mortgage When Buying a Home?

Mortgage Tips, ,
If you're considering buying a home, you're likely wondering how much you’ll need for a down payment. The common belief is that you need to put down 20% of the home’s purchase price, but that’s not the only option and in many cases, it’s not even necessary. Let’s break down what’s really required and explore your choices. The Traditional 20% RuleTraditionally, lenders prefer a 20% down payment. Why? Because it lowers their risk. If you’re purchasing a $200,500 home (the national median sales price), that is a down payment of $40,100. Understandably, many buyers, especially first-timer, struggle to save that…
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22 May 2025
By Aadil Nathoo

What To Do When Your Mortgage Loan is Declined

Mortgage Tips, ,
Getting turned down for a mortgage can be discouraging, but it doesn’t mean the dream of homeownership is over. In fact, understanding why your application was declined is the first step toward making a stronger comeback. Let’s look at some of the most common reasons a mortgage might be denied and what you can do about it. 1. Loan-to-Value (LTV) RatioYour loan-to-value ratio is the percentage of the property’s appraised value that you want to borrow. For instance, if you’re buying a $300,000 home and requesting a $270,000 loan, your LTV is 90%. Lenders typically prefer a lower LTV because…
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