Madison McCutcheon

NMLS # 1705889

757-366-8690

madison@tidewaterhomefunding.com

Madison McCutcheon Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

FHFA: Borrowers in Forbearance CAN Refinance

FHFA: Borrowers in Forbearance CAN Refinance

The onset of the COVID-19 crisis has forced millions of Americans into unemployment, resulting in over 4.1 million homeowners applying for mortgage forbearance. There has been plenty of confusion about how the rules of forbearance – a payment deferr

May 27, 2020 | Refinancing a Home

6 Important People Involved in Your Homebuying Process 

6 Important People Involved in Your Homebuying Process 

When you’re buying a home, you’ll come in contact with many different kinds of people. Everyone involved plays an integral part from helping you land that dream home to choosing the right mortgage for you. Who are these players and how do they

May 21, 2020 |

Is Now a Good Time for a Reverse Mortgage?

Is Now a Good Time for a Reverse Mortgage?

As the COVID-19 pandemic has roiled stock markets over the past few months, many Americans in or nearing retirement may be worried about their investment portfolios. Without the possibility to earn more money, more retirees, seeing a reduction in their ne

May 20, 2020 | Reverse Mortgages

The COVID-19 Housing Market is Better than the Great Recession Market

The COVID-19 Housing Market is Better than the Great Recession Market

Coronavirus shutdowns have spooked many homebuyers and sellers out of the market for now. Millions of homeowners have applied for mortgage forbearance in fear they will be unable to make their payments due to unemployment. Lenders have been concerned abou

May 13, 2020 |

How to Make $100 Investment Go a Long Way

How to Make $100 Investment Go a Long Way

During what may be one of the most turbulent economic times we’ve had in recent history, you’re probably not thinking of investing in the stock market right now, or investing at all, for that matter. These are hard times and our priorities are

May 08, 2020 |

How Long Does a Pre-Approval Letter Last?

How Long Does a Pre-Approval Letter Last?

Getting pre-approved before shopping for a new home is a smart idea, but what if you don’t find the right home quickly? How long does that pre-approval last? Pre-approval Defined Before going out with a real estate agent to look for the perfect pr

May 06, 2020 | Purchasing a Home Preapproval

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