The Mortgage Files

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

How to use seller carry financing to purchase a house with less cash down

How to score a jumbo mortgage with less than 20% down

By Scott Sheldon / July 5, 2016

Looking to finance a big mortgage? Here’s some tips you can take to the bank… Most jumbo investors still have tight credit guidelines. Jumbo loans are any residential mortgage sizes greater than the county high balance loan limit. In Sonoma County, CA the maximum loan size for a single-family home is $554,300 making anything larger…

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2018 high balance mortgage loans

How To Save When Refinancing A Mortgage Bigger Than 417k

By Scott Sheldon / June 12, 2015

If recent mortgage rate movement has spooked you into refinancing, you’ll want make sure to pay particularly close attention if your loan size is bigger than $417,000. Jumbo investors in the marketplace are offering lucrative rates and deals. Which Investor Plays a Role It does not matter where you apply for a mortgage. Whether you…

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