The Mortgage Files

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

How to purchase a house with a partial down payment

How to purchase a house with a partial down payment

By Scott Sheldon / December 12, 2021

How do you buy a house with not quite enough money? Contrary to popular belief you can buy a house even if you don’t have enough money to do it. It’s a little technical but it’s going to require you, your realtor, and your lender to put your heads together. Here’s how it can be…

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What you need to know if you are seeking an FHA mortgage with student loans

How the FHA 100 mile rule limits your ability to rent out and buy a home

By Scott Sheldon / December 26, 2019

FHA Loans are one of the most flexible loan programs available in the US housing market today. They are incredibly flexible only require a 3.5% down payment and offers very makes sense underwriting. If you’re looking at an FHA loan however and you already own a house and your desiring to borrow money to buy…

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