Susanna R. Thomson

NMLS # 248243

757-366-8690

sthomson@tidewaterhomefunding.com

Susanna R. Thomson Senior Mortgage Advisor

Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

You Can You Still Get a Home Loan with Tighter Standards

You Can You Still Get a Home Loan with Tighter Standards

Since the coronavirus outbreak began, millions of Americans have filed for unemployment. The resulting fear about being unable to pay for expenses has caused more than 3.5 million homeowners to apply for mortgage forbearance to date. That has put lenders

Jun 10, 2020 |

10 Questions to Ask Your Loan Officer

10 Questions to Ask Your Loan Officer

Searching for the right lender is just as important as finding the right home! Your loan officer plays a key role in the homebuying process, specifically when it comes to your mortgage application, and they will help you figure out the best financing opti

Jun 05, 2020 |

Understanding Mortgage-related Insurance

Understanding Mortgage-related Insurance

When you buy a home with a mortgage, you will be required to pay all sorts of insurance, including homeowner’s insurance, title insurance and private mortgage insurance. What are all these policies and why do you have to pay for them? Homeowner&rsq

Jun 03, 2020 |

FHFA: Borrowers in Forbearance CAN Refinance

FHFA: Borrowers in Forbearance CAN Refinance

The onset of the COVID-19 crisis has forced millions of Americans into unemployment, resulting in over 4.1 million homeowners applying for mortgage forbearance. There has been plenty of confusion about how the rules of forbearance – a payment deferr

May 27, 2020 | Refinancing a Home

6 Important People Involved in Your Homebuying Process 

6 Important People Involved in Your Homebuying Process 

When you’re buying a home, you’ll come in contact with many different kinds of people. Everyone involved plays an integral part from helping you land that dream home to choosing the right mortgage for you. Who are these players and how do they

May 21, 2020 |

Is Now a Good Time for a Reverse Mortgage?

Is Now a Good Time for a Reverse Mortgage?

As the COVID-19 pandemic has roiled stock markets over the past few months, many Americans in or nearing retirement may be worried about their investment portfolios. Without the possibility to earn more money, more retirees, seeing a reduction in their ne

May 20, 2020 | Reverse Mortgages

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