The Mortgage Files

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

How do determine whether not you have a property tax bill due

How do determine whether not you have a property tax bill due

By Scott Sheldon / October 10, 2021

Property taxes are due twice a year in April and December. The county in which you purchased a home sends out these tax bills by the annual property taxes. If you’re a homeowner here’s what you need to know and how property tax bills relate to them being due. There are a few different categories…

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How to get a mortgage if you've been furloughed to do to COVID_19

Going backwards trying to save for a home?

By Scott Sheldon / 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…

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should you pay off high interest debt when getting a mortgage

Should you pay off high interest debt first when getting a mortgage?

By Scott Sheldon / January 22, 2016

How you plan and budget your finances can have a big affect on whether or not you can qualify for a home loan. Following is what you should know if you’re trying to spruce up your financial picture for a mortgage… Not all debt is created equal. For sound financial planning purposes eliminating the expenses…

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