The Mortgage Files
Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.
Going backwards trying to save for a home?
By Scott Sheldon
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March 23, 2017
Do you need help saving to buy a house? What you think you need and what you actually need may not be the same. Here is what you should know when saving for a home. In order to purchase a home, you need at least 3.5% for a down payment. Another option is Down…
Read MoreCan You Borrow A Down Payment To Buy A Home ?
By Scott Sheldon
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December 7, 2015
Planning to buy a home sometime soon? If you’re working on the down payment, know what you can and cannot do with your bank. Here are the top 4 ways to borrow the cash needed for a home… 401k/Retirements or Liquid Assets- this option remains a viable source to procure down payment funds to buy…
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