The Mortgage Files

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

When Should I Lock-In My Mortgage Rate?

By Scott Sheldon / November 10, 2015

Not sure when to lock your interest rate on your mortgage? Here’s a few things to consider in getting the best possible combination of rate and price… The biggest things that determine the final rate and pricing are: loan size occupancy loan program i.e. Conventional, Jumbo, FHA, VA credit score property type loan to value…

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Scott Sheldon's The Mortgage FIles Blog

Understanding Conventional Vs. Conforming Mortgage Loans

By Scott Sheldon / January 1, 2013

People lining themselves up for home buying or even current homeowners who have not taken mortgage in a number of years, with all the different programs available in the marketplace today; Government Loans, Conventional Loans, Conforming Loans, it can be easy to get lost in the array of available programs. All mortgage loan programs breakdown…

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