To secure mortgage loan today, you can have no thirty-day mortgage leads in the last 12 months. Your mom will have to wait a period of one year to be able to secure mortgage loan financing.
Share:
RELATED MORTGAGE ADVICE FROM SCOTT SHELDON
When You Should Rent and Not Buy a House
Buying a home can build long-term wealth, but not every buyer should purchase right now. Learn when renting may make more financial sense, including career changes, short moves, limited savings, high debt, and a stretched monthly budget.
Should You Pay Off Your Mortgage or Invest the Cash Instead?
Paying off a mortgage offers guaranteed interest savings. Investing may offer growth, but it also brings risk. Here is how to weigh the decision.
Why Does My Mortgage Lender Keep Asking for the Same Documents?
Repeated mortgage document requests are frustrating, but they usually involve updated information, missing pages, or follow-up questions needed before closing.
How Much Lower Do Mortgage Rates Need to Go Before It Makes Sense to Refinance?
A refinance is not about an arbitrary rate drop. Learn how loan size, costs, monthly savings, and break-even time determine whether it makes sense.
View More from The Mortgage Files:
begin your mortgage journey with sonoma county mortgages
Let us make your mortgage experience easy. Trust our expertise to get you your best mortgage rate. Click below to start turning your home dreams into reality today!