The Mortgage Files

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

How to Navigate a Mortgage Buyout in a Divorce

By Scott Sheldon / February 3, 2025

Divorce is already stressful, and when a mortgage is involved, things can get even trickier. If you and your spouse purchased a home together and now need to figure out what happens next, there are a few key things you should know—especially if you have a conventional loan. Let’s break it down step by step.…

Your ex can make your mortgage application difficult

By Scott Sheldon / February 27, 2022

You’re trying to purchase or refinance a home. You have an ex that you’re dealing with that you were either married to or on the title to a property with. The mortgage process depends on what that communication looks like with that other person. It could be very easy or more technical and challenging. Yes,…