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

FHA reduces MIP rates, what does it mean for you?

FHA reduces MIP rates, what does it mean for you?

Over the past couple of years, the MIP (mortgage insurance premium) rates on FHA loans have increased, which raised monthly mortgage payments. The increase kept some homebuyers out of the market.   On January 26, FHA will reduce its MIP ra

Jan 16, 2015 |

Why 2015 Will be a Huge Year for Real Estate

Why 2015 Will be a Huge Year for Real Estate

"Roughly 42 percent of millennials say they want to buy a home in the next one to five years…As this generation matures, they will become a home-buying force to be reckoned with." – Dr. Stan Humphries, Zillow chief economist W

Jan 09, 2015 |

What you must understand about appraisals: unacceptable appraisal practices

What you must understand about appraisals: unacceptable appraisal practices

Every time I receive the value of a property from the appraiser, I hold my breath. The result determines not only the value of the loan but also if the home has any issues/needs repairs before closing. Basically, the appraisal is a big deal. For more, r

Dec 19, 2014 |

Rubin Selected as 2015 HRCVC Officer

Rubin Selected as 2015 HRCVC Officer

Shikma Rubin, a licensed mortgage consultant at Tidewater Home Funding, has been selected as an officer for the 2015 Hampton Roads Corporate Volunteer Council (HRCVC).  The HRCVC is a coalition of local businesses that promotes corporate social respo

Dec 18, 2014 |

3 Ways to Look Smart at a Holiday Party: Mortgage Edition

3 Ways to Look Smart at a Holiday Party: Mortgage Edition

The holiday season is here and that means it's time to party! As the real estate expert in your circle, people will come up to you at a gathering and pick your brain about the market. So keep this mortgage information handy.   3 Ways to Loo

Dec 12, 2014 |

CMLA EFFORTS HELP BLOCK NEW FHA FEE

CMLA EFFORTS HELP BLOCK NEW FHA FEE

CMLA Board Member and Tidewater Home Funding President/CEO, Kim S. Curtis, is proud to announce that recent efforts by the Community Mortgage Lenders of America were successful in pushing Congress to drop a proposed 4 basis point administrative fee by HUD

Dec 10, 2014 |

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