The Mortgage Files

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

Tax Forms and Tax Losses

Tax return losses may hurt your mortgage chances

By Scott Sheldon / May 23, 2017

Qualifying for a mortgage involves: an acceptable credit score, sufficient assets and stable income. These are to show you can support a mortgage payment, plus other liabilities. You must have a balance of all three to successfully qualify for financing. The following is what you must know when trying to qualify with “paper losses” on…

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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…

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