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 1: Getting Prepped

Preparation can set you up for success. Discover our educational series aimed at empowering homebuyers with the knowledge and confidence to navigate the home loan process.

September 4, 2024

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Explaining the Home Loan Process Part 1: Getting Prepped
Explaining the Home Loan Process Part 1: Getting Prepped

Preparation can set you up for success. Discover our educational series aimed at empowering homebuyers with the knowledge and confidence to navigate the home loan process.

September 4, 2024

Read More
Explaining the Home Loan Process Part 2: Completing a Home Loan Application Form
Explaining the Home Loan Process Part 2: Completing a Home Loan Application Form

Filling out the Uniform Residential Loan application is the first formal step toward a mortgage. Take a look at the form’s purpose, a section-by-section breakdown and the information required for successful completion.

September 3, 2024

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Explaining the Home Loan Process Part 3: Working with a Loan Processor and Mortgage Processing
Explaining the Home Loan Process Part 3: Working with a Loan Processor and Mortgage Processing

Your Loan Processor plays a key role in securing your new home. Explore what they do and tips for facilitating a smooth mortgage experience.

September 2, 2024

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Explaining the Home Loan Process Part 4: Mortgage Underwriting
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

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Explaining the Home Loan Process Part 5: The Closing Process
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

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

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Mortgage Interest Deduction: Here’s What Qualifies
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

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Why Servicing With Pennymac Makes a Difference
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

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Tips for Buying and Selling a Home at the Same Time
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

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What Is Streamline Refinancing?
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

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