Michelle Phillips

NMLS # 257767

757-366-8690

mphillips@tidewaterhomefunding.com

Michelle Phillips Senior Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

Jumbo Loans for Veterans

Jumbo Loans for Veterans

If you are a veteran or a servicemember, you are probably well aware of VA mortgage loans. These loans offer excellent benefits, including no down payment or credit score requirements as well as allowing borrowers to forgo mortgage insurance premiums.&nbs

Oct 24, 2019 | Purchasing a Home Government Loans VA Loans

Dipping interest rates help single family home permits surge ahead of predictions.

Dipping interest rates help single family home permits surge ahead of predictions.

It’s a numbers game, but it’s one everyone in the real estate and the home building industry watches. While construction of new houses fell more than 9% in September, there is a now a backlog of permits suggesting the dip is simply a brief pau

Oct 22, 2019 |

Pay for a dorm room or buy a condo? Know what your money gets you.

Pay for a dorm room or buy a condo? Know what your money gets you.

So you’re sending your kid off to college. Hats off. But what about housing? Will they live in a dorm, or is there a better alternative outside of him or her renting a room in a house? According to Bankrate, Janna Herron, many parents bypass univers

Oct 17, 2019 |

6 Reasons to Become a Homeowner

6 Reasons to Become a Homeowner

Home prices have been on the rise for a while now and news stories abound with first-time homeowners being priced out of the market. As breaking into the housing market seems daunting today, some people may ask themselves if reaching for the goal of homeo

Oct 16, 2019 | First-time Homebuyers Mortgage Advice Purchasing a Home

Visiting Your Childhood Home

Visiting Your Childhood Home

Retracing your steps and considering the road you’ve traveled is often a healthy practice. It reassures, it confirms, and it often helps you move forward. But what about ringing the doorbell on a house you used to live in? What emotions should you p

Oct 10, 2019 |

Can I Refinance with Bad Credit?

Can I Refinance with Bad Credit?

Mortgage interest rates have tumbled in recent months, making refinancing more appealing than ever. As of the latest Mortgage Bankers Association survey, refinance request volume is up 180% over last year. There may be some homeowners who would like to ta

Oct 09, 2019 | Credit Refinancing a Home

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