The Mortgage Files

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

How buying a condo may carry the same mortgage payment as a single family home

Buying a piece of land and put a home on it

By Scott Sheldon / February 20, 2022

People are always trying to find additional ways to reduce their costs when buying a home. Maybe that means buying a lower price point or changing to a condominium instead of a single-family house. Another segment of the market in most people’s home search journey considers the possibility of buying a piece of land and…

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Scott Sheldon's The Mortgage FIles Blog

How To Refinance If You Are NOT Harp 2 Eligible

By Scott Sheldon / January 20, 2013

As many now know, the Making Homes Affordable Program aka Harp 2 Refinance  allows people to refinance if their loans are owned by Fannie Mae or Freddie Mac, with out any loan-to-value restriction. Successfully refinancing any occupancy home despite being underwater is quite common these days under this program. While this program, is helping many…

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