Michelle Phillips

NMLS # 257767

757-366-8690

mphillips@tidewaterhomefunding.com

Michelle Phillips Senior Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

How to Avoid Delays in Your Home Buying Process

How to Avoid Delays in Your Home Buying Process

In today’s hot seller’s market, it may be difficult to find and buy a home as quickly as you would like. As of February 2021, the average mortgage loan took 53 days to complete from start to finish. If you add in time for property search and making offers

Jun 09, 2021 |

Pursuing Dreams of Homeownership with Debt Management

Pursuing Dreams of Homeownership with Debt Management

We’re on a mission to change the world of mortgages and empower you to believe that you can buy a home. It should be exciting, not anxiety inducing. We understand that you may be dealing with things that feel overwhelming, like debt. But we’re here to tel

Jun 08, 2021 |

Can I Buy a Home with Bad Credit?

Can I Buy a Home with Bad Credit?

Mortgage interest rates are at record lows and it could be a really good time to get into the housing market. Of course, to get a mortgage loan for a home purchase lenders will look at your credit score. If you’re scared of what they’ll find when they che

Jun 02, 2021 |

How to Refinance After a Mortgage Forbearance

How to Refinance After a Mortgage Forbearance

Even though the COVID-19 pandemic is waning in the U.S., millions of Americans continue to suffer financially from the effects. In fact, 2.3 million homeowners are still in mortgage forbearance plans, according to the Mortgage Bankers Association. Hopeful

May 26, 2021 | Refinancing a Home

Should I Stay with my Current Lender when I Refinance?

Should I Stay with my Current Lender when I Refinance?

Even though they have been inching up, mortgage interest rates still remain near historic lows, making it an excellent time to refinance. If you want to take advantage of these rock-bottom rates or if you want to pull money out of your equity, the first s

May 19, 2021 | Refinancing a Home

5 Questions to Ask Yourself Before Applying for a Mortgage

5 Questions to Ask Yourself Before Applying for a Mortgage

The U.S. mortgage market is red hot right now. After a year of pandemic living, more and more people are ready to have extra space at home.  With all those potential buyers searching the market, housing inventory is ultra-low and competition is extreme. A

May 12, 2021 |

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