Michelle Phillips

NMLS # 257767

757-366-8690

mphillips@tidewaterhomefunding.com

Michelle Phillips Senior Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

4 Mortgage Questions Every “Well-Rounded” Realtor Needs to Ask

4 Mortgage Questions Every “Well-Rounded” Realtor Needs to Ask

It can sometimes feel like realtors and lenders speak different languages. Real estate agents need to know the ins and outs of buying and selling a home while the lender handles the mortgage. Sometimes, though, it’s important for realtors to unders

May 15, 2015 |

Let's Talk TRID

Let's Talk TRID

Happy Friday!  As we all know and will become very familiar with TRID, I wanted to take this opportunity to share with you the following grid hyperlink from the Iowa Banker's Association (please click for grid).  They do a very nice job

May 08, 2015 |

Complicated Terms. Simple Definitions: Funding Fee

Complicated Terms. Simple Definitions: Funding Fee

I know there’s a lot of terminology in the mortgage world. Today I want to break down one you may have heard: funding fee. Funding fee is a one-time upfront cost on all VA loans that is paid directly to the Veterans Administration.  In t

May 08, 2015 |

Taylor Heinicke Football Camp Registration

Taylor Heinicke Football Camp Registration

Tidewater Home Funding is proud to sponsor Taylor Heinicke's upcoming youth football camp.  Don't miss out.  Sign up your players today! 

May 07, 2015 |

Friday FAQ's!

Friday FAQ's!

I am a first-time homebuyer.  I am wondering...are there any other options for 100% financing that do not have a lot of mortgage insurance like the FHA programs?   If your income qualifies, VHDA offers a 97% no MI program.  If y

May 01, 2015 |

First-time Homebuyer Classes in Hampton Roads

First-time Homebuyer Classes in Hampton Roads

I can tell you from first-hand experience that millennials have officially jumped into the housing market. As an expert on millennials and mortgages, I led a seminar this past Tuesday (April 28) on how to obtain a home loan for the Hampton Roads chapter o

May 01, 2015 |

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