Welcome to Tidewater!

We are your consumer advocates. Look to us to show you the facts about all the different loan programs available to you and which ones are a better financial fit for your needs. This is what we mean by trusted, transparent and responsible lending.

Our mortgage bankers are SAFE Act licensed and we adhere to a strict no-steering policy. We are only interested in helping you find the loan that best fits your needs.

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As a direct lender, we provide some of the lowest rates in the industry. Our underwriting team is dedicated to fast approvals and closing your loan quickly. Our "no steering" policies guarantee that you'll see all loan programs available for your scenario.

We are licensed in accordance with the federal government’s S.A.F.E. Act and our mission is to become friends and mentors during your search for the best loan available.

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Our advanced mortgage automation delivers e-disclosures and real-time loan pricing. We can source, manage, price and lock loans with multiple agencies in just a few minutes.

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Credit Tune Up

Funding Suite's Intelligent Credit Report interprets tradelines, detects data errors, predicts Fannie Mae/Freddie Mac underwriting conditions and suggests ways to strengthen your credit scores in 72 hours.

This is the industry's only Credit Reporting software that proofreads every credit file in order to strengthen your borrowing power. We use it to find errors or other issues in your credit profile that may be wrongfully lowering your score and driving up your rates. Want To See Yours?

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Richard Eric Parsons

Richard Eric Parsons
Mortgage Banker
DE License #MLO-902554
PA License #MLO-35614
MD License #MLO-26-22421
NJ License #NMLS-447816
NMLS # 447816
(click link above to check license)
Branch NMLS # 202731
Direct: 302-227-8252
Mobile: 302-632-2515
Fax: 866-454-7114

330 Rehoboth Ave., Ste. B
Rehoboth Beach, DE 19971

About Richard Eric Parsons

Eric Parsons has over ten years experience in the mortgage industry and during that time he's consistently been a top producer. He has assisted hundreds of families with their goal of homeownership and debt restructuring. As a homeowner and seasoned property investor himself, Eric fully understands your experience as a buyer or homeowner and he can provide first-hand knowledge of just about any scenario you will come across. This helps him relate to his customer's in a way that many other mortgage professionals cannot. The challenges derived from the fact that each person's situation can be unique and that the mortgage industry is constantly evolving is what makes this job a perfect fit for Eric.

Eric was recruited from Wells Fargo in 2011 to manage the Rehoboth Beach Tidewater Mortgage Branch and expand their presence throughout Delaware. He is very excited about the opportunity to grow Tidewater's business by applying simple principles, such as integrity and honesty, to the entire real estate community and everyone in need of a mortgage.

As a native Delawarean, Eric has also lived in Columbia, SC where he attended the University of South Carolina to earn a degree in Finance and most recently center city Philadelphia where he married his beautiful wife, Laura, in 2009.

I Specialize In:
Rate Lock Up to 12 Months
Super-Jumbo Loans
Fixed Rate Loans & ARM Products
Interest-Only Loans
Refinance Loans
Very competitive rates and very low fees

Tidewater Mortgage Services, Inc. is pleased to recommend RDM Development Group http://www.rdmdevelopers.com/ and the Burton's Crossing Townhomes.  

Together, Tidewater Mortgage Services, Inc. and RDM can make your dreams of home ownership a reality. 

Burtons Crossing is of Millsboro, Delaware offers a fantastic lifestyle for you and your family.  An affordable townhome community with a fantastic array of amenities and homes with features and finishes you have to see to believe. Burtons Crossing is close to everything you want and has everything you need."  Click on the link for more information: http://www.burtonscrossing.com/

Richard Eric is licensed in DE, PA, MD and NJ

We provide mortgage rates and loan services in the state(s) listed above, as well as the following areas:


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