Michelle Phillips

NMLS # 257767

757-366-8690

mphillips@tidewaterhomefunding.com

Michelle Phillips Senior Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

First-Time Homebuyer

First-Time Homebuyer

UP TO $5,000 AVAILABLE FOR HOME PURCHASE Buying your first home is an important milestone in your life. Here at Tidewater Home Funding, we understand that finding the right financing plan is as important as finding a home that fits your lifestyle. To he

May 31, 2018 |

Fix & Flip Financing

Fix & Flip Financing

RECOURSE & NON-RECOURSE OPTIONS Fix & Flip Line of Credit Lines of credit for multiple transactions  Funding up to: 90% of purchase price / 95% of rehab / 75% LTV (after repair value) Loans from $50K to $2.5MM Must be non-owner occupie

May 29, 2018 |

Veterans Products

Veterans Products

UP TO $10,000 AVAILABLE FOR HOME PURCHASE At Tidewater Home Funding, we are committed to supporting our military community by helping you have a home that is safe, accessible, and cost-effective to own. We’re also here to support you if you’r

May 22, 2018 |

The Community Mortgage Lenders of America

The Community Mortgage Lenders of America

The Community Mortgage Lenders of America board announced the hiring of Ed Wallace as its new executive director. Wallace is succeeding Glen Corso, who retired in November and taking over for Rob Zimmer, CMLA head of external relations, who served in this

May 02, 2018 |

Reverse Mortgages Post 2017 Changes

Reverse Mortgages Post 2017 Changes

by Charlene Turner, NMLS # 456052 Since it is Reverse Mortgage Education week, let’s examine changes in the FHA Reverse Mortgage product in the past year. In October 2017, the Reverse Mortgage program introduced more sweeping changes to the Home E

Apr 25, 2018 |

Attention, first-time homebuyers: Don't fear mortgage insurance.

Attention, first-time homebuyers: Don't fear mortgage insurance.

by Shikma Rubin, NMLS # 1114873 Let me dispel one of the biggest myths in home buying: Mortgage insurance is something you must avoid at all cost. That is incorrect, and here is why. Mortgage insurance makes it possible to purchase a home even if one can

Apr 02, 2018 | mortgages

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