The majority of American home buyers sign up for 30-year fixed-rate mortgages (FRMs) – the staples of mortgage lending. And yet there is another option that may serve many borrowers better: the 15-year fixed-rate mortgage. Both loans include an inte
Nov 07, 2018 | Conventional Loans mortgages Mortgage
All of us at Tidewater Home Funding would like to wish you and your family a safe and Happy Halloween. Thank you for being such a valued partner or client. All the Best, Tidewater Home Funding.
Oct 31, 2018 |
In the past decade, reverse mortgages have gained a lot of traction as a retirement tool. And yet, many people still do not understand reverse mortgages or their purpose. If you are one of those people, here’s what you need to know: What Is It? A
Oct 24, 2018 | Reverse Mortgages
The amount of available home equity has recently hit all-time highs, meaning now is a great time to tap into your home’s value with a home equity line of credit (HELOC). These are revolving accounts that allow you to draw out money for anything from
Oct 17, 2018 | Interest Rates Home Equity
Mortgage lenders love to see borrowers with consistent, steady incomes. But not all borrowers have jobs that send a paycheck every two weeks. Of course there are plenty of self-employed entrepreneurs, but there are also people who are depend on tips for i
Oct 10, 2018 | Purchasing a Home Conventional Loans
Private mortgage insurance (PMI) is a type of insurance that most borrowers are required to pay if they are not making a down payment of 20% or more. While you may think you understand the concept of insurance, if you have never bought a house before, you
Oct 03, 2018 | Conventional Loans
Reach out to our team of local mortgage specialists and take the initial step towards homeownership. Our team is ready to assist you throughout the process, offering you the necessary information and guidance to help you make informed decisions for your unique needs. Don't delay any longer - apply today to begin.