The Mortgage Files

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

how to time when to buy a home

How much are closing costs when you purchase a house?

By Scott Sheldon / January 29, 2019

When you purchase a house, you have a down payment and closing that must be taken into consideration. Closing costs on a home purchase akin to tax, docs and licensing when you purchase a brand-new car. Here’s how to plan and budget for closing costs so you can best determine what you’re borrowing power and…

Read More
Little lending nuances to get a mortgage

How to figure out closing costs on a mortgage

By Scott Sheldon / September 27, 2016

Closing costs are a factor you must account for consider when taking out a mortgage to buy or refinance a home. Here’s what you need to know across the board… When can you take out a mortgage there’s fees that you’re going to pay to various service providers besides just the mortgage company. This includes,…

Read More