Press Kit

Real Estate Investors: Buy, Sell, or Hold?

What is the overall tenure of the real estate and mortgage industry in Virginia at the end of 2005 and leading into the first quarter 2006?

Read the Full ArticleRead More


7 Reasons to Choose a Mortgage Broker over On-Line Lenders

Personal Advice: Breakwater Mortgage Corporation calls Hampton Roads and the surrounding communities (Norfolk, Suffolk, Chesapeake and Portsmouth) home and an on-line lender could be located anywhere. Breakwater Mortgage Corp. is located in Virginia Beach and Williamsburg, Virginia. Our team provides personal mortgage business services that enable mortgage clients to discuss their personal financial scenarios for mortgage lending that is often not available with on-line lending.

Read the Full ArticleRead More


Ask the Expert: How to Pre-Qualify for Vacation and Investment Homes

My career in the mortgage industry has provided me with many opportunities to work with both mortgage brokers and banks. I believe mortgage brokers are great tools for consumers in search of the best financing options available. A mortgage broker differs from a bank representative in some important ways.

Read the Full ArticleRead More


Choose Wisely-A Comparison of Mortgage Brokers And Banks

Kevin Onizuk is a partner in Breakwater Mortgage and has been in the lending business since the mid-nineties. In this interview, he details how to pre-qualify for a second mortgage.

Read the Full ArticleRead More


Dynamic Duo

Jennifer Ross and Sherry Guard know teamwork is the key to success in any endeavor. Here at Breakwater Mortgage Jennifer and Sherry work together to advise and support each of their clients through the entire loan process. This dynamic duo can offer you expertise when selecting mortgage products and services and creative solutions that will make your loan process stress free.

Read the Full ArticleRead More


How to Finance and Build Your Dream Home

If you have always dreamed of building and living in the home you've helped design, it's time to seriously consider putting your dream into action. In today's mortgage market, a specially designed loan for just such a homeowner, the construction to perm loan, includes the construction loan to build the house, and the permanent loan to purchase the home. Mortgage lenders used to offer this as a two part process, first financing the construction loan and building the house, then obtaining another mortgage to purchase the home.

Read the Full ArticleRead More


Nedra Talley Ross

In October 1963 "Be My Baby" hit number two on the charts and The Ronettes exploded onto the mainstream music scene. This was the beginning of a long career in the spotlight for Nedra Talley Ross, a career that has continued to blossom and evolve over the years. Nedra is a creative and successful businesswoman with a variety of projects always in the works.

Read the Full ArticleRead More


Pre-Qualify for a Stated Income or No Doc Mortgage

The number of Stated Income and No Documentation loans (No Doc) have increased dramatically in the past few years. In some areas of the country, such as Washington D.C. or New York City, 75% of mortgage company loans are Stated Income or No Doc loans. This is because property values are so high, people could not qualify just on their verifiable income.

Read the Full ArticleRead More


Show Me The Money: Mortgage Programs For Financially Challenged Homebuyers

The purchase of a home is a dream for millions of people. This dream may be a symbol of the success they plan to achieve or a symbol of the security they hope to provide for their family. Unfortunately, issues of bad credit, no credit, no savings or inadequate savings can leave people feeling hopeless about their chances of finding a mortgage.

Read the Full ArticleRead More


To Own or Not to Own, That is the Question

In today's mortgage and real estate market, it is still a prudent choice to own a home, rather than rent. Renting is appealing because there is less responsibility (no home maintenance costs), it is easier to pick-up and move, and there are no property taxes to pay. Home ownership has advantages, too.

Read the Full ArticleRead More