mortgage basics Articles  Page 3

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

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

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

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

Locking in a rate when applying for a mortgage can protect you from fluctuating interest rates.

July 2, 2024

As a second-time homebuyer, you'll experience some familiar and unfamiliar aspects of the home buying process. This guide can help you navigate it all and make informed decisions.

July 2, 2024

With a little preparation and due diligence, you can select the right lender to help you accomplish your home financing goals by comparing rates, services and fees.

June 20, 2024

With the right credit score for an FHA loan, you can have an easier qualification process and flexible down payments. Get all the information you need to secure your dream home here.

June 17, 2024

Selling or refinancing your home? A home appraisal is part of the process. Help maximize your home’s value with this checklist.

May 20, 2024