The Mortgage Files

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

How to determine which mortgage loan program is best based on your credit score

How to determine which mortgage loan program is best based on your credit score

By Scott Sheldon / January 28, 2024

Choosing the right mortgage is crucial when you’re looking to finance your dream home. Two popular options are FHA loans and conventional loans, each with its own set of guidelines and requirements. In this blog post, we’ll explore the key differences between FHA and conventional loans, focusing on credit scores and how recent updates in…

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Should you refinance into a higher rate mortgage?

Should you refinance into a higher rate mortgage?

By Scott Sheldon / April 3, 2022

It is no surprise inflation is upon us, and interest rates are feeling the rising cost of goods and services. Everything seems like it is going up in price. Mortgage rates are no exception. One thing you might want to consider as it relates to refinancing your house is there is a net tangible benefit.…

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3 things to know that make your mortgage difficult

3 things to know that make your mortgage difficult

By Scott Sheldon / November 21, 2021

Most people understand that getting mortgage financing is not the most fun thing in the world to do.  There’s an examination that takes place which is these requests for paperwork on the process and these requests for paperwork in the process can sometimes, for someone that doesn’t have familiarity with the mortgage process make it…

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Scott Sheldon's The Mortgage FIles Blog

Sonoma County Mortgages… The Ins & Outs

By Scott Sheldon / January 20, 2011

You probably already know if you have a decent credit score, have an overall low monthly debt picture and have at least 3/2% equity into the transaction you can get a loan from a pool of available Sonoma County Mortgages. Most folks seeking home mortgages know at the end of the day it is the…

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