The Mortgage Files

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

Scott Sheldon's The Mortgage FIles Blog

Your House Will Not Appraise For A Refinance Or Will It?

By Scott Sheldon / January 12, 2015

Mortgage interest rates hit a 19 month low the week of January 9, prompting many homeowners to begin refinancing. All too many have tried in the recent years yet.hold back because they think their house will not appraise for what they need to make numbers pencil. Following is the real skinny if you’re debating whether…

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Scott Sheldon's The Mortgage FIles Blog

Will Credit Cards Help Me Land A Mortgage?

By Scott Sheldon / September 29, 2013

Well? Yes and No, read on…. Like it or not, your relationship with money can be best summed up on paper by how much consumer debt you carry, more specifically in the form of credit cards. Credit card debt is a double-edged sword, especially on high ticket items, like a house purchase. On one end,…

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Scott Sheldon's The Mortgage FIles Blog

Comparing Mortgage Rates In Sonoma County

By Scott Sheldon / November 18, 2010

What to look for in comparing mortgage rates in Sonoma County. The Federal Reserve came out last week discussing in the media how they intend to purchase mortgage bonds moving forward in order to keep borrowing costs for consumers comparing mortgages down. If you are comparing mortgage rates in Sonoma County be aware that interest…

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