The Mortgage Files

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

How can I get my credit score up to get a mortgage?

By Scott Sheldon / December 12, 2012

People thinking they can qualify for mortgage loan financing, learn after their credit report is pulled their credit score has dropped and they either cannot get the interest rate they were hoping for or they cannot in some cases get a mortgage loan at all. Action steps to get your credit score up pay down…

How Your Fico Score Affects Your Ability To Get A Mortgage

By Scott Sheldon / September 30, 2012

“Why can’t I get the interest rates I see advertised on the Internet.” One of the most important characteristics of securing a mortgage is your Fico Score. Simply put, the lower the credit score higher the interest rate. How Your Fico Score rates is what determines both your eligibility for the mortgage as well as…