Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

The VHDA Down Payment Assistance Grant program has been extended to September 30, 2015!

The VHDA Down Payment Assistance Grant program has been extended to September 30, 2015!

VHDA’s New 3% Down Payment Assistance Grant The following information provided by Virginia Housing Development Authority (www.vhda.com) VHDA’s New 3% Down Payment Assistance Grant can help qualified first-time homebuyers obtain funds

Jun 30, 2015 |

Tidewater Home Funding Offices Closed Friday July 3rd

Tidewater Home Funding Offices Closed Friday July 3rd

In observance of Independence Day, all Tidewater Home Funding offices will be closed on Friday, July 3rd, 2015.  Offices will reopen Monday, July 6th at 8:30 am.  Our team would like to wish you, your family and friends a very happy and safe Fou

Jun 30, 2015 |

VHDA Information about Household Income for First-Time Hombuyers

VHDA Information about Household Income for First-Time Hombuyers

VHDA has changed the calculation of “Household Income” to determine eligibility for VHDA mortgage loans and Mortgage Credit Certificates. From the VHDA: “Maximum Household Income will be based upon the income of all borrowers and

Jun 26, 2015 |

Vicky Lewis Joins Tidewater Home Funding as a Senior Processor & Production Assistant

Vicky Lewis Joins Tidewater Home Funding as a Senior Processor & Production Assistant

Vicky Lewis joins Tidewater Home Funding as a Senior Processor and Production Assistant.  Vicky began her career in the mortgage industry as a customer service representative with Guardian Mortgage in New York.  She has developed an extensive re

Jun 25, 2015 |

VHDA’s Mortgage Credit Certificate

VHDA’s Mortgage Credit Certificate

This past week I took a short course from the Virginia Housing Development Authority (VHDA) about a mortgage credit certificate (MCC). The MCC is a tax credit subtracted from the amount of federal income tax you owe. With the MCC, your clients

Jun 19, 2015 |

VHDA Mortgage Credit Certificates - Boost the tax benefits of owning a home!

VHDA Mortgage Credit Certificates - Boost the tax benefits of owning a home!

The following information is provided by the Virginia Housing Development Authority (www.vhda.com):   If you’re buying your first home, a Mortgage Credit Certificate (MCC) from VHDA could save you thousands of dollars by reducing the amount

Jun 09, 2015 |

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