Madison McCutcheon

NMLS # 1705889

757-366-8690

madison@tidewaterhomefunding.com

Madison McCutcheon Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

6 Things to Avoid When Buying or Refinancing

6 Things to Avoid When Buying or Refinancing

                There are many items to keep track of during the mortgage financing process and it’s easy to overlook what not to do. Here are 6 common mistakes to avoid when buying or refinancing, and why.   Mistake #1: Don’t Apply for New Credit New

Apr 19, 2022 |

What’s the Difference Between FHA 203(k) and Fannie Mae HomeStyle® Renovation Loans?

                As housing inventory remains below housing demand, it may make sense to stay in your current home. Not all renovations need to be a major re-haul. There are renovation loan programs designed to meet the needs for cosmetic improvements, str

Apr 19, 2022 |

Steps to Becoming a Homeowner

Steps to Becoming a Homeowner

                      Making the decision to purchase a home is a big step! Our team understands the mortgage process may be overwhelming at times and we’re glad to be here to help you navigate through this important life change. Discover below the ins an

Apr 19, 2022 |

How to Make Your VA Loan Competitive in a Hot Market

How to Make Your VA Loan Competitive in a Hot Market

In the red hot housing market of the past few years, sellers usually have multiple offers, often getting more than their listing price. If you are using a VA loan to back your purchase you may worry that sellers might choose conventional-loan-backed offer

Apr 12, 2022 | VA Loans

What’s the Difference Between the Sales Price and Appraised Value of a Home?

What’s the Difference Between the Sales Price and Appraised Value of a Home?

During the home buying process, you will encounter many unfamiliar terms, some of which may seem like the same thing. One such pair might be “sales price” and “appraised value.” They both refer to how much the house is worth, right? Actually, there is a d

Apr 06, 2022 | Purchasing a Home

Can You Afford a Second Home?

Can You Afford a Second Home?

If you are looking to buy a vacation home in one of your favorite spots, one of the most important questions to ask yourself is “Can I afford to buy a second home?” The answer will depend on a variety of factors.While some buyers have the cash to buy a se

Mar 29, 2022 | Purchasing a Home

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