The Mortgage Files

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

Duplex Loans, 2-4 Unit Financing…Explained

By Scott Sheldon / July 29, 2012

Single family homes, condominiums, planned unit developments….. and then there’s 2 to 4 unit properties, often called duplexes, tri-plexes and four-plexes. A 2-4 unit property is the oddity of the various property types, it’s this property type that has the most confusion when it comes to securing mortgage loan financing. People think a single-family residence…

Buying A House: What To Expect

By Scott Sheldon / June 3, 2012

Buying a house is certainly a smart financial move given low mortgage rates and the most affordable home prices, ever.  Each market is different so for our purposes we will be looking at the Sonoma County California housing market. Following is what you can expect if you plan to purchase a house in Sonoma County…