# Tidewater Home Funding, LLC

> **Canonical URL:** https://saferate.com/lenders/tidewater-home-funding


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Tidewater Home Funding, LLC is a independent mortgage company, headquartered in Chesapeake, VA, serving borrowers across 3 states, with 284 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 57% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 31% for loan approval success

## Overview

- **Institution Type:** Independent Mortgage Company
- **LEI (Legal Entity Identifier):** 549300XL5688T9WLKS84
- **Headquarters:** Chesapeake, VA
- **Geographic Reach:** Regional
- **States Served:** 3
- **State List:** FL, NC, VA
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Sound ☺️
- Score: 43/100
- Rating: ●●●○○ (3/5)

### Pull Through: Strong 😀
- Score: 69/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.040%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,198
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 284
- **Dollar Volume:** $100 million
- **Applications Received:** 346
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $352,570
- **Average Borrower Income:** $155,021
- **Average Property Value:** $446,303

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 47/100 | 172 | +0.083% | $3,427 | Sound ☺️ |
| FHA | 61/100 | 55 | +0.266% | $3,020 | Strong 😀 |
| VA | 66/100 | 53 | -0.425% | $2,368 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 159 loans, Score: 48/100 (Sound)

**FHA:**
- Purchase: 54 loans, Score: 61/100 (Strong)

**VA:**
- Purchase: 53 loans, Score: 67/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 52/100 | 270 | $97M | +0.026% | Sound ☺️ |
| Refinance | 23/100 | 14 | $3M | +0.185% | Acceptable 🙂 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| VA | 258 | 0.24% | 80/100 |
| NC | 25 | 0.02% | 48/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Virginia Beach | VA-NC | 181 | 80/100 |
| Richmond, VA | VA | 55 | 67/100 |
| Non |  | 42 | 43/100 |

## Where This Lender Ranks

Tidewater Home Funding, LLC appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#4** in Virginia Beach Mortgage Companies
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/mortgage-companies)
- 🏆 **#4** in Virginia Beach for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#5** in Virginia Beach for FHA Loans
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/fha-loans)
- 🏆 **#7** in Richmond, VA for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/richmond-va/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#9** in Virginia Beach
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders)
- 🏆 **#10** in Virginia for FHA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/mortgage-companies/fha-loans)
- 🏆 **#10** in Richmond, VA for FHA Loans
  - [View Full Rankings](https://saferate.com/richmond-va/best-mortgage-lenders/fha-loans)
- 🏆 **#14** in Richmond, VA Mortgage Companies
  - [View Full Rankings](https://saferate.com/richmond-va/best-mortgage-lenders/mortgage-companies)
- 🏆 **#16** in Virginia Beach for VA Loans (Mortgage Companies)
  - [View Full Rankings](https://saferate.com/virginia-beach/best-mortgage-lenders/mortgage-companies/va-loans)
- 🏆 **#17** in Virginia for FHA Loans
  - [View Full Rankings](https://saferate.com/virginia/best-mortgage-lenders/fha-loans)

## Frequently Asked Questions

### What loan types does Tidewater Home Funding, LLC offer?

Tidewater Home Funding, LLC offers the following mortgage loan types: FHA, Conventional, VA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Tidewater Home Funding, LLC offer mortgages?

Tidewater Home Funding, LLC offers mortgages in 3 states: FL, NC, VA.

### How competitive are Tidewater Home Funding, LLC's mortgage rates?

Tidewater Home Funding, LLC has a pricing score of 43/100 (Sound), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.040% above market average.

### What type of lender is Tidewater Home Funding, LLC?

Tidewater Home Funding, LLC is a non-depository lender that specializes in mortgage origination, headquartered in Chesapeake, VA.

### What is Tidewater Home Funding, LLC's loan approval success rate?

Tidewater Home Funding, LLC has a pull-through score of 69/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/tidewater-home-funding

### How to Cite

> "Tidewater Home Funding, LLC Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/tidewater-home-funding

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