The Mortgage Files

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

be careful getting a mortgage with a bankruptcy

How much the debt in your life is costing you

By Scott Sheldon / February 10, 2017

Your ability to save money can become compromised by the financial obligations you are paying in your life. If you have a mortgage and consumer debts, this article will help you determine: Should you stay the course or take action to start getting control of your cash? The nuts and bolts of a good financial…

Read More

How to set the cost of your own mortgage

By Scott Sheldon / January 26, 2017

Mortgages are not cheap. Closing costs and interest paid over time to your lending bank will make the cost of having a mortgage very pricey over the 15-30 years that you have it. When it comes time to getting your mortgage you actually have more control over your loan costs than you think. Here is…

Read More
how to write killer offer letter

Are we in a housing bubble?

By Scott Sheldon / October 25, 2016

As prices continue to climb many are wondering if there’s going to be a pop similar to the financial crisis.  Here is the reality of mortgage and housing market… The financial crisis was brought on by the subprime meltdown. The subprime mortgage products that were available led to the financial collapse of America and the…

Read More