Michelle Phillips

NMLS # 257767

757-366-8690

mphillips@tidewaterhomefunding.com

Michelle Phillips Senior Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

HELOC Vs. Home Equity Loan: When Does Each Make Sense?

HELOC Vs. Home Equity Loan: When Does Each Make Sense?

When you own a property, you can encounter a circumstance where you need to use the equity you've accumulated over time. Home equity lines of credit (HELOCs) and home equity loans are two popular ways to access this equity. Both are capable of providing d

Nov 02, 2023 |

Getting a Mortgage When Relocating: Tips for a Smooth Transition

Getting a Mortgage When Relocating: Tips for a Smooth Transition

                  Relocating to a new city or state is an adventure filled with excitement, anticipation, and, admittedly, a touch of uncertainty. Among the most significant challenges you might face is obtaini

Oct 24, 2023 |

Selling Your Home During the Holidays: Tips to Shine and Succeed

Selling Your Home During the Holidays: Tips to Shine and Succeed

                  While many might believe the holiday season isn't the optimal time to list a home, the festive period presents unique opportunities for sellers. With generally fewer listings on the market, yo

Oct 24, 2023 |

Fall Daylight Savings: Keeping Your Home Safe in Dimmer Days

Fall Daylight Savings: Keeping Your Home Safe in Dimmer Days

                    The annual switch to Fall daylight savings not only means adjusting our clocks but also addressing the safety implications of fewer daylight hours. Shorter days can often provide increa

Oct 24, 2023 |

Navigating Down Payment Assistance Programs: Boosting Homebuying Affordability

Navigating Down Payment Assistance Programs: Boosting Homebuying Affordability

                  One of the most significant barriers to homeownership for many aspiring homebuyers is accumulating enough savings for a down payment. This initial lump sum, typically a percentage of a home's

Oct 24, 2023 |

Exploring the Idea of Using Your Retirement Savings for a Second Home

Exploring the Idea of Using Your Retirement Savings for a Second Home

Is your favorite vacation spot by the beach calling your name? Or do you long to relax in the woods every weekend? Buying a second home can be a great way to unwind and take a break from the daily grind. It might be so tempting  that you are contempl

Oct 24, 2023 | Purchasing a Home

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