The Mortgage Files

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

The Only Two Real Obstacles in the Loan Process: Credit/Income and Appraisal

By Scott Sheldon / January 28, 2026

For many homebuyers, getting a mortgage can feel like navigating a maze of paperwork and requirements. But when you boil it down, there are really only two key hurdles that can stop a loan from closing: the borrower’s credit and income, and the property’s appraisal. Understanding these two critical areas will help you focus on…