The Mortgage Files

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

A side-by-side visual comparison of a modern Sonoma County home and a more rustic Lake County home, illustrating real estate affordability differences.

Can’t Afford Sonoma? Why Lake County Might Be the Smartest First-Time Buyer Move in 2025

By Scott Sheldon / June 19, 2025

Can’t Afford Sonoma? Why Lake County Might Be the Smartest First-Time Buyer Move in 2025 If you’ve been eyeing a home in Sonoma County but feel like the numbers just aren’t penciling out, you’re not alone. The truth is, while Sonoma County remains highly desirable, nearby Lake County might just be the hidden gem that…

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Infographic titled "Appraisal Risks in Refinancing" showing four people discussing refinancing. It highlights appraisal risk factors, mitigation strategies, and alternatives like HELOCs and second mortgages, using a clean layout with navy text on a beige background.

Worried About a Low Appraisal? Here’s What You Need to Know Before Refinancing

By Scott Sheldon / May 28, 2025

In the current real estate market, homeowners considering refinancing are increasingly concerned about the implications of home appraisals. Appraisals play a crucial role in determining a property’s value, directly influencing loan-to-value (LTV) ratios and, consequently, the terms and approval of refinancing applications. Understanding the nuances of appraisal risks is essential for homeowners aiming to make…

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How Rising Incomes and Smart Strategies Can Help You Buy a Home in Sonoma County

How Rising Incomes and Smart Strategies Can Help You Buy a Home in Sonoma County

By Scott Sheldon / June 19, 2024

Buying a home is one of the most significant financial decisions many will make in their lifetime. As home prices continue to rise, so too does the level of income needed to qualify for a mortgage. This is particularly true in places like Sonoma County, California, where the picturesque landscapes and high quality of life…

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Homebuying Tips for June 2024: How to Qualify in Today's Market

Homebuying Tips for June 2024: How to Qualify in Today’s Market

By Scott Sheldon / June 13, 2024

What It Takes to Be a Homebuyer in June 2024 Buying a home is a significant milestone, but in today’s market, it requires careful preparation and strategic planning. As of June 2024, the housing market, particularly in Sonoma County, California, presents unique challenges and opportunities for prospective buyers. This post aims to guide you through…

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