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

Everything You Need To Know About Prepayment Penalties

Everything You Need To Know About Prepayment Penalties

Although they are not nearly as common today, some mortgage loans do come with a prepayment penalty. Home loan borrowers should be aware of them before signing their names on the dotted line. Here’s what you need to know about prepayment penalties:

Dec 12, 2018 | Purchasing a Home Refinancing a Home

Invest in Our Community by Giving

Invest in Our Community by Giving

Everyone needs a helping hand at some point. Tidewater Home Funding, LLC is extending a hand to those in need in our community by donating our time and money to United Way South Hampton Roads. Find out more about the cause at https://unitedwaysh

Dec 07, 2018 |

Should I Pay Off My Mortgage Before Retirement?

Should I Pay Off My Mortgage Before Retirement?

As you near retirement, you may be anxious to completely pay off your mortgage and be debt-free before your traditional income stops.  In most cases, this is the best plan but there are situations when holding on to your mortgage into retirement may

Dec 05, 2018 | Reverse Mortgages Refinancing a Home

4 Documents You Need for Mortgage Pre-approval

4 Documents You Need for Mortgage Pre-approval

Getting pre-approved for a mortgage is a smart step before you go out looking for a home. A pre-approval letter shows sellers that you have already proven to a lender that you have the income and down payment to qualify for a mortgage loan. This allows se

Nov 28, 2018 | Purchasing a Home

Happy Thanksgiving from Tidewater Home Funding

Thanksgiving is a time to express gratitude to those who make a difference in our lives. Thank you for your continued support of our business; it’s always a pleasure to help you and your family with your mortgage. All of us at Tidewater Home Fundin

Nov 21, 2018 |

Jumbo Loan Basics

Jumbo Loan Basics

The majority of homes around the country are purchased with the aid of traditional, conforming mortgage loans. Yet when home prices rise quickly, many markets have price tags that are too high for these standard loans. Enter the jumbo loan. What is a Jum

Nov 14, 2018 | Jumbo Loans Adjustable Rate Mortgages Fixed Rate Mortgages Purchasing a Home

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