Tideline Financial

Lasting Relationships.
Excellent Customer Service.
That’s Tideline Financial.

Whether you’re a first-time homebuyer, purchasing your dream home, refinancing an outstanding loan, or consolidating debt, Tideline Financial is committed to providing clients throughout North Carolina with the highest quality service, professionalism and, of course, the lowest mortgage rates available.

Home Purchase

Turn the home of your dreams into reality. Whether you are buying your first home, second home, or vacation property, Tideline Financial will help determine exactly what type of purchase loan is best for you.

Refinance

Save money by taking advantage of the lowest rates available. Refinancing can help you lower your rate, lower your monthly payment, or tap into your home's equity.

Debt Consolidation

Use your home to help eliminate bad debt and bundle your bills into one easy monthly payment. Debt consolidation makes sense for those interested in paying off high interest credit cards or who just need cash now.

tad bio photo

Meet Tad

NMLS Unique ID #114241

A native North Carolinian currently living in High Point, North Carolina, Tad Godwin has been a licensed mortgage loan specialist for over 15 years. Tad’s also an avid sportsman and enjoys fishing, playing golf, tennis and basketball, and spending time with his wife and two sons.

Ready to get started?

Lending Information

There are significant benefits to working with an experienced mortgage broker. For one, you’re not just another number like you might be if you use a regional or national bank. What’s more, according to Realtor.com


The biggest advantage of mortgage brokers is that they know the business. A person might need to obtain a mortgage only once or twice in her life. Typically, this is all a broker does. Brokers are aware of the entire market. They follow the trends, know what mortgage products are available and are aware of which institutions might be offering special discounts. They may know of exclusive deals that are not offered on the open market. They are able to identify the most appropriate lender for the specific circumstances of a borrower. Brokers can spare a mortgage seeker the time and effort of applying at a bank that would not consider her particular situation.

Another significant benefit of the broker is that they handle the paperwork and the interaction with the institutions. This saving of time, work and stress is a big factor for many individuals who retain a mortgage broker. Because brokers develop professional and personal relationships with representatives of lenders, they can frequently reduce the processing time of an application.


Tideline Financial specializes in all types of North Carolina mortgage loans. Whether you’re purchasing a primary residence or vacation property, Tideline can help you understand all of the options available and decide what best fits your personal situation.

Types of Loans

  • Home Purchase Loans
  • Home Refinance Loans
  • Home Equity Loans
  • Cash-Out Home Loans
  • Jumbo Home Loans
  • FHA Loans
  • VA Loans
  • Construction or Renovation Loans

Financing Options

Fixed Rate Mortgage

With a fixed rate mortgage, the interest rate does not change for the term of the loan; the monthly payment is always the same. Typically, the shorter the loan period, the more attractive the interest rate will be.

Payments on fixed rate fully amortizing loans are calculated so that the loan is paid in full at the end of the term. In the early amortization period of the mortgage, a large percentage of the monthly payment pays the interest on the loan. As the mortgage is paid down, more of the monthly payment is applied toward the principal.

Conforming Loans

Conforming loans are conventional loans that meet bank-funding criteria set by Fannie Mae and Freddie Mac. Both of these stock-holding companies buy mortgage loans from lending institutions and secure them for resale to the investment community. Every year, from October to October, Fannie Mae and Freddie Mac establish limits on what constitutes a conforming loan in a mean home price.

Buying back mortgage loans allow these agencies to provide a continuous flow of affordable funding to banks that reinvest their money back into more mortgage loans. Fannie Mae and Freddie Mac only buy loans that are conforming to repackage into the secondary market—effectively decreasing the demand for non-conforming loans.

The conforming loan limit for North Carolina is $417,000.

FHA Loan

FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development. FHA loans are an attractive option, especially for first-time homeowners:

  • Generally easier to qualify for than conventional loans
  • Lower down payment requirements
  • Cannot exceed statutory loan limits

RHS Loan Programs

The U.S. Department of Agriculture offers a variety of programs to help low- to moderate-income individuals living in small towns or rural areas achieve homeownership. The Rural Housing Service (RHS) helps qualifying applicants, who cannot receive credit from other sources, purchase modestly priced homes as their primary residence. RHS Loans are an attractive option because they offer minimal closing costs and, often, low or no down payment.

RHS loans can be used toward the purchase and renovation of a previously owned home or new construction. Families must be able to pay their monthly mortgage, homeowner's insurance, and property taxes.

VA Loan

Designed to offer long-term financing to American veterans, VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration. The VA determines eligibility and issues a certificate to qualifying applicants to submit to their mortgage lender of choice. It is generally easier to qualify for a VA loan than conventional loans. Here's how a VA loan works:

  • It offers 100% financing without private mortgage insurance or 20% second mortgage.
  • A VA funding fee of 0 to 3.3% (this fee may be financed) of the loan amount is paid to the VA.
  • When purchasing a home, veterans may borrow up to 100% of the sales price or reasonable value of the home, whichever is less.
  • When refinancing a home, veterans may borrow up to 90% of reasonable value in order to refinance where state law allows.

Jumbo Loans

Jumbo loans exceed the maximum loan amounts established by Fannie Mae and Freddie Mac conventional loan limits. Rates on jumbo loans are typically higher than conforming loans. Jumbo loans often are used to buy more expensive homes and high-end custom construction homes and usually require a higher down payment than traditional loans.

Mortgage Checklist

Tideline Financial likes to make the process as smooth as possible for each and every client. The following are some items you should have with you when applying for a mortgage:

  • Copy of your Purchase & Sale Agreement
  • Your present mortgage information
  • Two-year history of employment and verification of all income sources
  • If self-employed, copies of past two years Federal Income Tax Returns
  • Information about your checking, savings, and credit card accounts
  • Name, account number, and outstanding balance of each of your debts
  • Application deposits
  • Information about any assets, including information regarding any other assets that will be used as funds to close
  • If FHA—Copy of Social Security card and photo ID
  • If VA—Certificate of Eligibility or DD214
  • If Employee Relocation Client—Include relocation information and copy of offer, promissory note, and copy of check on bridge loan

Resources

Buying your first home, refinancing, or consolidating doesn’t have to be hard. Here are a few resources and helpful articles we’ve compiled over the years.

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Extra Costs You Need To Prepare For When Purchasing Your Next Home

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New Homebuyer’s Guide — Tips To Save You Time and Money

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Things You Need to Know Before Your Home Purchase

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Common Buyer Traps Before Buying a Home

Contact

Have questions or ready to get started? Use the form below to contact us or call (336) 886-1098.