fundamentals Articles

1003 Uniform Residential Loan Application Explained

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

1003 Uniform Residential Loan Application Explained

September 3, 2024

Understanding Loan Processors 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

Explaining the Home Loan Process Part 6: Loan Service 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

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

Pros and Cons to Selling Your House As Is

Selling a house as is has its benefits and drawbacks. Explore this home-selling strategy and what it means for both sellers and potential buyers.

May 21, 2024

Home Improvement Cost vs. Value: Will Your Project Pay Off?

Choosing the right renovations with a high return on investment (ROI) can help maximize your home's resale value and increase the equity you own. Let’s take a look at some top home improvement projects for a great return, and tips to set you up for success.

May 21, 2024