Offices are currently located in Chesapeake, Newport News and Virginia Beach, Virginia. The business is licensed as a mortgage lender in Virginia, North Carolina, and Florida. Loan processors are available in all offices to better serve our licensed mortgage professionals and their clients. Underwriting, closing, funding, investor shipping, and post-closing functions are centralized in Chesapeake corporate location.
Tidewater Home Funding has approved delegated underwriting authority with VA, FHA, FNMA, FHLMC, VHDA, and USDA. Tidewater Home Funding and our affiliated lenders, Benchmark Mortgage Companies and Farmers Bank Home Mortgage, are proud to serve families in Virginia, North Carolina and Florida. Founded in 2000, Tidewater Home Funding has offices serving customers throughout South Hampton Roads, the Virginia Peninsula and Northeast North Carolina.
Tidewater Home Funding has approved delegated underwriting authority with VA, FHA, FNMA, FHLMC, VHDA, and USDA. Tidewater Home Funding and our affiliated lenders, Benchmark Mortgage Companies and Farmers Bank Home Mortgage, are proud to serve families in Virginia, North Carolina and Florida. Founded in 2000, Tidewater Home Funding has offices serving customers throughout South Hampton Roads, the Virginia Peninsula and Northeast North Carolina.
Services
If you're looking for a career with a local, fast-growing company that features an exceptional company culture and provides their team members with wonderful opportunities within the mortgage industry - look no further. As part of Tidewater Home Funding, LLC.'s work family you will collaborate with motivated team members who have pride, and passion, for what they do.
Pre-qualification starts the loan process. Once a lender has gathered information about a borrower's income and debts, a determination can be made as to how much the borrower can pay for a house. Since different loan programs can cause different valuations a borrower should get pre-qualified for each loan type the borrower may qualify for.
Conventional Loans are mortgage loans that are not insured by the government (like FHA, VA, USDA Loans), but they typically meet the lending guidelines that have been set by Fannie Mae or Freddie Mac. Typically, conventional loans have better rates, terms and/or lower fees than other types of loans.
A VA loan is a mortgage loan guaranteed by the U.S. Department of Veteran Affairs (VA) that is available to most US service members. It offers some very great benefits to those that have served our country. They are usually easier to get because the Government insures the loan so that there is much less risk to the lender.
It's easy to understand why many people looking for a new home are turning to FHA insured loan programs. Because FHA Loans are insured by the Federal Housing Administration homebuyers have an easier time qualifying for a mortgage. Those who typically benefit most from an FHA loan are first-time home buyers and those who have less than perfect credit.
Reviews (8)
Wendy Hay
Oct 28, 2021
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Janine Garibay
Sep 17, 2021
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Brian Harris
Jul 25, 2021
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If you are even thinking about purchasing a home, please contact Michelle Greene Phillips (Licensed Senior Mortgage Loan Officer) to get your pre-approval to start (but she stay with you until you go to the closing table and even after) and yes she go above and beyond to help you get the best rates for everything, answer your millions of questions, answers your phone calls when you stressed out and need to be calmed down even if she in the middle of dinner with her family! We have absolutely NO regrets from working with her and now she is the ONLY one we will do business with or refer family or
Olivia Tufts
Jul 01, 2021
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I absolutely enjoyed my time working with Michelle Phillips. She never missed a text or phone call. She answered all my questions and assisted me in all aspects of purchasing my first home. Even when I had home owners insurance questions after I bought my house, she was only a text message away. If you’d like a smooth home buying experience I recommend working with Michelle.
Christian Paulino
Jun 24, 2021
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This is my second time dealing with Tidewater with Michelle Phillip, and she is the best. She helped my family purchase our first home and she made the process extremely easy and worked with my schedule.
I also recently refinance my home and went through Michelle again, and she again did a great job. She helps you the best she can and tries to look for the best option for you.
Highly recommend!
I also recently refinance my home and went through Michelle again, and she again did a great job. She helps you the best she can and tries to look for the best option for you.
Highly recommend!
Faith Watrous
May 12, 2021
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Kelci Rogers
Apr 27, 2021
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Amberly Alston
Apr 11, 2021
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Michelle Phillips was awesome to work with. She went out of her way to help find me loans and grants to save thousands of dollars and I could not thank her enough. Michelle responds very quick. She explained everything in a way more simple way so that I could understand. She is very genuine and does GREAT at what she does! I was so lucky to be able to work with her.
