The Mortgage Files
Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.
Why not all first time homebuyer programs are created equal
By Scott Sheldon
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April 10, 2022
If you are just starting in life and trying to get your footprint in the real estate climate; the information in this post is for you. Everyone must start somewhere and buy that first home. That first home is always the big one it is by far the hardest and most emotional. It can also…
Read MoreShould you go FHA or conventional for purchasing your first home?
By Scott Sheldon
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August 4, 2019
Buying your first home should be handled with extreme care including selecting which mortgage loan program makes the most financial sense. Following is what you ought to consider when looking at both mortgage loan programs … Loans backed by Fannie Mae and Freddie Mac are conventional loans which require a minimum down payment of 5%…
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