mortgage basics Articles  Page 3

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

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

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