Michelle Phillips

NMLS # 257767

757-366-8690

mphillips@tidewaterhomefunding.com

Michelle Phillips Senior Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

Best Time of the Year to Buy a Home

Best Time of the Year to Buy a Home

Whether you have been saving up for your first home or you are ready to upgrade to a bigger place, you may be wondering if there is a “best” time to buy a home. While it depends on your priorities and your local market, there are some general

Mar 20, 2019 | First-time Homebuyers Purchasing a Home

5 Things to Do After Your Mortgage Closes

5 Things to Do After Your Mortgage Closes

After sitting down at the mortgage closing table to sign all the paperwork, you get the keys and can breathe a sigh of relief. But before you tuck all those mortgage papers away for good, there are at least 5 things you still need to do after closing to m

Mar 13, 2019 | First-time Homebuyers Purchasing a Home Refinancing a Home

New homes are being built greener than ever.

New homes are being built greener than ever.

As resale inventory continues to be low in the Hampton Roads area, buying a new construction home might be a perfect option for your client. New homes are being built greener than ever with new technologies being introduced into the industry all the time.

Mar 05, 2019 | Tidewater Home Funding Build Green Ainslie Group

How Long after Bankruptcy should I wait before Applying for a Mortgage?

How Long after Bankruptcy should I wait before Applying for a Mortgage?

Going through a bankruptcy, either personally or with your business, can affect your ability to qualify for a mortgage. Your credit score may drop, and you may need to wait before applying for a home loan. It all depends on the size of your down payment a

Feb 27, 2019 | mortgages Bankruptcy Apply

CMLA Reiterates Its Long-Standing Position Regarding GSE Reform

CMLA Reiterates Its Long-Standing Position Regarding GSE Reform

IMMEDIATE RELEASE CONTACT: ED WALLACE, EXECUTIVE DIRECTOR, 202-827-9989 ROB ZIMMER, DIRECTOR EXTERNAL AFFAIRS, 202-494-4551 The Community Mortgage Lenders of America Reiterates Its Long-Standing Position Regarding GSE Reform February - 2019 Washington

Feb 25, 2019 |

Should I Choose a Cash-Out Refi or HELOC?

Should I Choose a Cash-Out Refi or HELOC?

When you need a chunk of cash for a project, your home may be the best source of funding. Fortunately, you do not need to sell your home to take advantage of your equity. There are two popular and practical ways to pull cash out of your home: a cash-out r

Feb 20, 2019 | Refinancing a Home HELOC

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