Michelle Phillips

NMLS # 257767

757-366-8690

mphillips@tidewaterhomefunding.com

Michelle Phillips Senior Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

Decoding Common Loan Programs for First-Time Homebuyers

Decoding Common Loan Programs for First-Time Homebuyers

                  Buying a home for the first time can be both exciting and overwhelming. One of the more confusing aspects can be understanding the different types of loan programs available to you. Don't worr

Sep 25, 2023 |

From Renting to Owning: How to Prepare for the Homebuying Process

From Renting to Owning: How to Prepare for the Homebuying Process

                  Have you been dreaming about your very own place but don't know where to start? Well, we're here to guide you through the transition from being a renter to becoming a homeowner. Let's dive in!

Sep 25, 2023 |

Host for the Holidays: How Renovation Financing Can Spruce Up Your Space

Host for the Holidays: How Renovation Financing Can Spruce Up Your Space

                  Are you already daydreaming about welcoming family and friends into your home for the holidays? But wait, is your kitchen still stuck in the '90s, or maybe your guest bathroom needs some major

Sep 25, 2023 |

8 Ways to Identify a Mortgage Scam and Protect Yourself

8 Ways to Identify a Mortgage Scam and Protect Yourself

Getting that key to your dream home is like catching a glimpse of a shooting star – it is thrilling! But wait, the galaxy of the mortgage world has its share of tricky comets as well. These shady mortgage scams can transform your dream into a haunti

Sep 19, 2023 | Purchasing a Home

Understanding Debt-to-Income Ratio

Understanding Debt-to-Income Ratio

Buying a house is a big deal, and there's some key phrases that you need to know. You can conquer the world of real estate once you understand a powerful weapon in your financial arsenal: the "debt-to-income ratio." Don't let the jargon scare you –

Sep 14, 2023 | Purchasing a Home

How to Avoid Private Mortgage Insurance (PMI)

How to Avoid Private Mortgage Insurance (PMI)

Imagine you're on the edge of diving into homeownership—super thrilled to claim a piece of the real estate pie. But wait a minute! There's a sneaky hurdle called Private Mortgage Insurance (PMI) lurking in the shadows. Buckle up, because we're about

Sep 12, 2023 | Purchasing a Home

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