Mortgage Blog

Mortgage Advice, Homebuying Tips & Market Updates

Simple Definitions: Assessed and Appraised Value

Simple Definitions: Assessed and Appraised Value

Assessed value is the worth of your home as decided by the city on a yearly basis. This value is then used to determine what you pay in real estate taxes. Every year, the assessed value can go up or down, which can change your monthly mortgage paymen

Jul 15, 2015 |

More Important TRID Information

More Important TRID Information

Hello and happy Friday!  We are all well aware TRID has been tabled until October.  There are rumblings still in each and every sector of the market.  Below is an article from "Mortgage News".  Don't shoot the messenger -

Jul 10, 2015 |

Keenan Joins ODU Alumni Association Board of Directors

Keenan Joins ODU Alumni Association Board of Directors

Jennifer Keenan joins the Old Dominion University Alumni Association Board of Directors.  Keenan serves as Scholarship & Development Chair as a member of the Executive Committee. Keenan has over two decades of business and community involvement

Jul 08, 2015 |

The VHDA Down Payment Assistance Grant program has been extended to September 30, 2015!

The VHDA Down Payment Assistance Grant program has been extended to September 30, 2015!

VHDA’s New 3% Down Payment Assistance Grant The following information provided by Virginia Housing Development Authority (www.vhda.com) VHDA’s New 3% Down Payment Assistance Grant can help qualified first-time homebuyers obtain funds

Jun 30, 2015 |

Tidewater Home Funding Offices Closed Friday July 3rd

Tidewater Home Funding Offices Closed Friday July 3rd

In observance of Independence Day, all Tidewater Home Funding offices will be closed on Friday, July 3rd, 2015.  Offices will reopen Monday, July 6th at 8:30 am.  Our team would like to wish you, your family and friends a very happy and safe Fou

Jun 30, 2015 |

VHDA Information about Household Income for First-Time Hombuyers

VHDA Information about Household Income for First-Time Hombuyers

VHDA has changed the calculation of “Household Income” to determine eligibility for VHDA mortgage loans and Mortgage Credit Certificates. From the VHDA: “Maximum Household Income will be based upon the income of all borrowers and

Jun 26, 2015 |

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