The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Mortgage after loan modification? Here’s how…

By Scott Sheldon / April 19, 2016

One of the challenges many homeowners faced in the recession was financial hardships. Loan modifications were often a short term solutions banks used for homeowners facing delinquency, income changes, or loss of home-equity. If you’ve had a loan modification in your past here’s what you need to know… What is a loan modification? A loan…

Should you buy a fixer house?

By Scott Sheldon / February 6, 2016

Is the house in fair condition a good bet? Here are some things to consider if the affordable home you’re eyeing needs some work. The first thing to consider when buying a home is location. Location, location location is the credence held by most real estate experts. The reality of the market; true fixer homes…