Michelle Phillips

NMLS # 257767

757-366-8690

mphillips@tidewaterhomefunding.com

Michelle Phillips Senior Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

Home Buyer Q & A

We have been told we can help our child purchase a home through the FHA Kiddie Condo program. The house needs some repairs, could we do an FHA 203(k) as part of the purchase instead?  Unfortunately not. FHA will not allow for use of the 203(k) p

Apr 09, 2012 |

Biers Promoted, Kuntz Joins Tidewater Home Funding, LLC

Biers Promoted, Kuntz Joins Tidewater Home Funding, LLC

Melissa Biers has been promoted to Sales & Production, working with Senior Mortgage Consultant Jeremy Krupnick at Tidewater Home Funding, LLC.  Biers will assist with growing and expanding business throughout the Hampton Roads community. Previous

Apr 05, 2012 |

Market Update - April 3, 2012

Market Update - April 3, 2012

A great quarter is coming to an end. Stock markets have rallied consistently since the turn of the year with no significant pull back. This is the best opening quarter since 2000. On the other hand, U.S. Treasury yields rose dramatically based on a strong

Apr 03, 2012 |

Home Buyer Q & A

We want to help our son purchase a home. He has just graduated from college and has a job, but he has only been working for 3 months. What are our options? If you are interested in doing something now, you can purchase the home FHA as a kiddie condo.

Apr 02, 2012 |

Market Update - 'bull' market since 1982

Market Update - 'bull' market since 1982

Is the “bull” Bond Market rally over? If all the following conditions are confirmed higher yields are inevitable: 1.The Fed will not undertake another round of quantitative easing 2.The U.S. Economy shifts to a sustainable recovery 3.Chin

Mar 27, 2012 |

Home Buyer Q & A

• I am interested in buying a home. We do not have much money to put down, what are our options? If you have 3.5% to put down, we can look at FHA. But if, you might be able to put 5% down, we would then look at conventional lending. FHA, ef

Mar 26, 2012 |

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