The Mortgage Files
Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.
The number one thing you need to watch out for on FHA and VA mortgages
Both programs offer extremely attractive interest rates, incredibly flexible qualifying, and also support less than perfect credit. Overall the programs are very favorable to producing an outcome that is practical and affordable. However, there is something you need to know about government mortgages that can be particularly difficult depending on your financial situation. Here is…
Read MoreNo more VA Loan Limits in January 2020!
HR 299 is a new VA Bill recently signed by the president that makes some big changes to VA financing. If you’re thinking about buying a house and you’re an eligible VA mortgage applicant. Here are some things you ought to consider.. VA financing allows you to purchase a house with no money down. Presently…
Read MoreThe equity percentage you need for a big mortgage is less than you think
Most people will tell you that you must have excellent credit and a big down payment to secure a larger mortgage. The reality is that while having a big chunk of cash to put down on a house is nice to have, it is not always an absolute requirement. Here is the information you should…
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