The Mortgage Files
Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.
Could there be a real estate market crash
Could there be a real estate market crash? The so-called financial experts have predicted this since 2008, since the last financial crisis. Are we in a housing bubble? And what should you do as it pertains to purchasing a home if you’ve been on the fence? Here are some things to be aware of…
Read MoreWhy an FHA loan may be a suitable choice
FHA loans have gotten a bad rap in the last few years. Here is the Granddaddy Truth about FHA loans, you should really consider if you are looking for mortgage options! FHA loans are another option you can take as a borrower, to help you accomplish your financial goal. The Federal Housing Administration ensures the…
Read MoreGoing backwards trying to save for a home?
Do you need help saving to buy a house? What you think you need and what you actually need may not be the same. Here is what you should know when saving for a home. In order to purchase a home, you need at least 3.5% for a down payment. Another option is Down…
Read MoreBuy a condo or a single family home?
When the time homes to buy your first home, you will have options galore. Here’s how to decide if you should purchase a single-family home or a more affordable condominium unit. Undoubtedly, buying a home is without doubt the largest financial decision you’ll probably make in your lifetime. It is critical to make sure the…
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