Many seniors expect that by the time they reach a certain age, the process of getting a mortgage will be a thing of the past. However, financial circumstances may dictate otherwise. Some seniors don’t purchase a home until later in life; others may opt to downsize into a small home, which necessitates the need for a mortgage. Getting a mortgage as an older individual can present some unique challenges – the biggest being the fact that most seniors do not have a salary. Understanding just what those challenges are going into the process can help a senior to get the best mortgage for their specific situation.