Mortgage News

Community Partners Products

UP TO $7,500 AVAILABLE FOR HOME PURCHASE At Tidewater Home Funding, we are committed to supporting families and individuals who make their living serving others in the community. As part of this commitment, we offer a unique financial opportunity for current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders who are purchasing a home. We can assist homebuyers in accessing matching funds for the down payment, closing costs, and rehabilitation costs incurred when purchasing a home. For every $1 you contribute to your home purchase,...

May 31st, 2018 Community Partners Products

First-Time Homebuyer

UP TO $5,000 AVAILABLE FOR HOME PURCHASE Buying your first home is an important milestone in your life. Here at Tidewater Home Funding, we understand that finding the right financing plan is as important as finding a home that fits your lifestyle. To help you get started on solid footing, Tidewater Home Funding can assist first-time homebuyers in accessing matching funds for the down payment and closing costs incurred when purchasing a home. For every $1 you contribute to your home purchase, you can receive $4 in matching funds, up to $5,000. Funding is available to qualified first-time ...

May 31st, 2018 First-Time Homebuyer

Fix & Flip Financing

RECOURSE & NON-RECOURSE OPTIONS Fix & Flip Line of Credit Lines of credit for multiple transactions  Funding up to: 90% of purchase price / 95% of rehab / 75% LTV (after repair value) Loans from $50K to $2.5MM Must be non-owner occupied Minimum credit score 620 New Construction Line of Credit Lines of credit for multiple transactions  Funding up to: 75% of as is value / 85% loan-to-cost / 85% rehab of budget Loans from $250K to $100MM Minimum credit score 660 Must be non-owner occupied Per guidelines, must meet experience requirements....

May 29th, 2018 Fix & Flip Financing

Veterans Products

UP TO $10,000 AVAILABLE FOR HOME PURCHASE At Tidewater Home Funding, we are committed to supporting our military community by helping you have a home that is safe, accessible, and cost-effective to own. We’re also here to support you if you’re looking to achieve the dream of first-time homeownership or purchasing a new home to support your growing household. As a special offering to the military community, Tidewater Home Funding can help eligible veterans or active-duty members of the U.S. military*, their spouses, or their surviving spouses access grant funds to pay for acce...

May 22nd, 2018 Veterans Products

The Community Mortgage Lenders of America

The Community Mortgage Lenders of America board announced the hiring of Ed Wallace as its new executive director. Wallace is succeeding Glen Corso, who retired in November and taking over for Rob Zimmer, CMLA head of external relations, who served in this role in the interim. In a statement, incoming chair of CMLA and CEO of Tidewater Home Funding, Kim Curtis, said Wallace was the perfect candidate for the position. “Ed Wallace is the candidate we knew we wanted before we even met him,” Curtis said. “He combines deep and varied executive and operations experience wit...

May 2nd, 2018 The Community Mortgage Lenders of America

Tidewater Home Funding

Tidewater Home Funding, LLC NMLS# 41552
(www.nmlsconsumeraccess.org).
Equal Housing Lender.

Licensed in Virginia, North Carolina & Florida.

VSCC Bureau of Financial Institutions, P.O. Box 640, Richmond VA 23218-0640, (1-800-552-7945) www.scc.virginia.gov/bfi

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