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
By Scott Sheldon
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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…
Read MoreHow the FHA 100 mile rule limits your ability to rent out and buy a home
By Scott Sheldon
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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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