The Mortgage Files

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

Scott Sheldon's The Mortgage FIles Blog

New Sonoma County Loan Limits!

By Scott Sheldon / October 7, 2011

For those of us who have been watching Congress over the last few months hoping for a change in the extension of the higher loan limits, unfortunately that day never came. The new Sonoma County Loan Limit is $520,950. This is in place for all loans including FHA loans as well as conventional high balance…

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Scott Sheldon's The Mortgage FIles Blog

Best Mortgage Updates For October 1, 2011

By Scott Sheldon / September 25, 2011

In offering the best mortgages for all of Sonoma County, CA including Santa Rosa Refinance Loans and Petaluma Home Loans, its important to be aware of some underwriting guidelines changes set to occur October 1, 2011. USDA Loans, Conventional Loans, even FHA Mortgages and VA Mortgages have some slight changes. So far the biggest change…

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Scott Sheldon's The Mortgage FIles Blog

New Delayed Financing Rule: Pay Cash for a Home, Get Cash Out Under 6 Months!

By Scott Sheldon / July 22, 2011

The new Delayed Financing Rule allows you to take cash out of a property you just purchased within the last six months! If you paid all cash for a home within the last six months and want to pull cash out of the property you are now permitted to do so. The Delayed Financing Rule…

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