Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

Hazard Insurance is critical for homebuyers and homeowners

Hazard Insurance is critical for homebuyers and homeowners

I read an interesting article this week from USA Today about how many homeowners don’t have enough home insurance in the event of a disaster like a flood or fire. By now, you may have seen the stories about the heavy floods in Texas (here

May 29, 2015 |

Velazco Joins Tidewater Home Funding as a Senior Loan Closer

Velazco Joins Tidewater Home Funding as a Senior Loan Closer

Lenora Velazco joins the Tidewater Home Funding operations team as a Senior Loan Closer.  A native of North Carolina, Lenora has an extensive professional history in the mortgage and title industry in Hampton Roads.  She understands the importan

May 26, 2015 |

Happy Memorial Day

The team of professionals at Tidewater Home Funding would like to wish everyone a happy Memorial Day.  We greatly appreciate the incredible individuals who gave their lives serving in the United States Armed Forces.  Please take a moment from yo

May 22, 2015 |

4 Mortgage Questions Every “Well-Rounded” Realtor Needs to Ask

4 Mortgage Questions Every “Well-Rounded” Realtor Needs to Ask

It can sometimes feel like realtors and lenders speak different languages. Real estate agents need to know the ins and outs of buying and selling a home while the lender handles the mortgage. Sometimes, though, it’s important for realtors to unders

May 15, 2015 |

Let's Talk TRID

Let's Talk TRID

Happy Friday!  As we all know and will become very familiar with TRID, I wanted to take this opportunity to share with you the following grid hyperlink from the Iowa Banker's Association (please click for grid).  They do a very nice job

May 08, 2015 |

Complicated Terms. Simple Definitions: Funding Fee

Complicated Terms. Simple Definitions: Funding Fee

I know there’s a lot of terminology in the mortgage world. Today I want to break down one you may have heard: funding fee. Funding fee is a one-time upfront cost on all VA loans that is paid directly to the Veterans Administration.  In t

May 08, 2015 |

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