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

The COVID-19 Housing Market is Better than the Great Recession Market

The COVID-19 Housing Market is Better than the Great Recession Market

Coronavirus shutdowns have spooked many homebuyers and sellers out of the market for now. Millions of homeowners have applied for mortgage forbearance in fear they will be unable to make their payments due to unemployment. Lenders have been concerned abou

May 13, 2020 |

How to Make $100 Investment Go a Long Way

How to Make $100 Investment Go a Long Way

During what may be one of the most turbulent economic times we’ve had in recent history, you’re probably not thinking of investing in the stock market right now, or investing at all, for that matter. These are hard times and our priorities are

May 08, 2020 |

How Long Does a Pre-Approval Letter Last?

How Long Does a Pre-Approval Letter Last?

Getting pre-approved before shopping for a new home is a smart idea, but what if you don’t find the right home quickly? How long does that pre-approval last? Pre-approval Defined Before going out with a real estate agent to look for the perfect pr

May 06, 2020 | Purchasing a Home Preapproval

4 Refinancing Mistakes to Avoid

4 Refinancing Mistakes to Avoid

Mortgage interest rates have been low for several years and have recently fallen near record-lows. While it is a great time to refinance your home loan, there are several mistakes to be sure to avoid during the process. Mistake #1 - Assuming You Can

Apr 29, 2020 | Refinancing a Home

Mortgage 101: Breaking Down the Basics

Mortgage 101: Breaking Down the Basics

The homebuying process can be overwhelming and confusing, especially when industry jargon starts getting thrown around. But we’re here to help demystify the process a little bit, and break down some of the most common terms you’ll hear along t

Apr 22, 2020 |

How To Get Help If You Can’t Pay Your Mortgage

How To Get Help If You Can’t Pay Your Mortgage

With the coronavirus spreading across the nation, many people have lost income as companies have temporarily closed their doors to stop the contagion. If your income has been disrupted and you do not think you’ll be able to make your mortgage paymen

Apr 15, 2020 | Mortgage Advice

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