Jennifer Modlin Simpson

NMLS # 1849156

757-366-8690

jsimpson@tidewaterhomefunding.com

Jennifer Modlin Simpson Mortgage Loan Originator

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

The Week In Review

The Week In Review

Happy Friday!  A touch of spring and the harsh reality of winter again.  Everyone seemed to really enjoy last week's review.  From MBS Quoteline, this crazy week and what happened.  Stay safe and warm. Strong Job Ga

Mar 06, 2015 |

This Week's Economic Update

This Week's Economic Update

Happy Friday!  Glad to see toy has brought clearer roads - what a crazy couple of weeks!  I thought today, I would provide you this week's MBS Quoteline review.  This resource tells us what happened this week, and what is on tap for nex

Feb 27, 2015 |

Encouraging News about Military, Millennials and Money

Encouraging News about Military, Millennials and Money

On Wednesday, February 25, I tuned in for a webinar hosted by Navy Federal Credit Union called "Military, Millennials and Money." The forum took place at the National Press Club in Washington, DC.   As a lender who specializes in home loa

Feb 27, 2015 |

Friday's FAQ's!

Friday's FAQ's!

We have guaranteed bonus and commission income - how do you treat this?  Normally when a borrower has commission or bonus income, it is averaged over a 24 month period.  If the income is guaranteed, it is treated like regular salary.

Feb 20, 2015 |

Cancelling Mortgage Insurance

Cancelling Mortgage Insurance

This week, USA TODAY reported many millennials don't enter the housing market because they're intimidated by all the confusing terminology. From the article: "After putting away enough savings, the biggest hurdle for Millennial buyers may b

Feb 20, 2015 |

The maximum amount a seller can contribute to the closing costs

The maximum amount a seller can contribute to the closing costs

People often ask me:  What's the maximum amount a seller can contribute to the closing costs? The answer depends on the loan program. The chart below shows the seller contributions for conventional loans based on the down payment. Note: The c

Feb 19, 2015 |

Ready to Fund Your Dreams?

Reach out to our team of local mortgage specialists and take the initial step towards homeownership. Our team is ready to assist you throughout the process, offering you the necessary information and guidance to help you make informed decisions for your unique needs. Don't delay any longer - apply today to begin.

 

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