Mortgage News, Tips & Tools Page 2

Unbiased, useful info to help save you money, time and peace of mind during the mortgage process. If you have a mortgage or are about to get one, we think you'll find info here you can't always get elsewhere.

Explaining the Home Loan Process Part 4: Mortgage Underwriting

During the underwriting stage, a lender evaluates your financial qualifications to determine your creditworthiness and loan risk. Here’s how it works and what to expect.

September 1, 2024

Explaining the Home Loan Process Part 4: Mortgage Underwriting

During the underwriting stage, a lender evaluates your financial qualifications to determine your creditworthiness and loan risk. Here’s how it works and what to expect.

September 1, 2024

Explaining the Home Loan Process Part 5: The Closing Process

Closing on a home can be filled with excitement. Here’s what to expect on the big day and how you can prepare.

August 31, 2024

Explaining the Home Loan Process Part 6: Understanding a Loan Transfer

After closing, your loan could be transferred to another company for servicing. This is a common practice, and understanding what it means can ease your mind.

August 30, 2024

Mortgage Interest Deduction: Here’s What Qualifies

Owning a home comes with certain tax benefits, including an opportunity to deduct mortgage interest. Here’s an overview of what qualifies for a deduction and what doesn’t.

August 15, 2024

Why Servicing With Pennymac Makes a Difference

Our customer-first service is guided by our core values of being Accountable, Reliable and Ethical.

August 14, 2024

Tips for Buying and Selling a Home at the Same Time

Balancing the sale of your current home with the purchase of a new one requires careful planning. Here are tips to help you navigate this transition seamlessly.

August 14, 2024

What Is Streamline Refinancing?

Looking to lower monthly payments or move out of an adjustable-rate mortgage? Learn about streamline refinancing and how it makes loan approval easier.

August 13, 2024

Remodeling a Kitchen on a Budget

A kitchen remodel could increase your home's resale value and improve your daily routine—but it can be pricey. These planning and financing tips can help you achieve your vision on a budget.

August 6, 2024

Guide to VA Loans: How They Work and Who Qualifies

Learn about VA loans, eligibility criteria, and the benefits they offer. Find out how Pennymac can help you with your VA loan needs. Contact us today.

July 2, 2024