buying a home
Articles – Page 4

The PennyMac Mortgage Blog is where you'll find 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.

07.20.17

Buying your first home can be one of the most rewarding investments you will make in your lifetime. But the experience can quickly turn sour if you’re not financially—and emotionally—prepared. While it can be easy to get caught up in excitement of finding your dream home and ditching the landlord, it’s critical to consider whether you’re truly ready for the responsibilities of homeownership.

Read more about Is Homeownership Right for You?

06.27.17

If you're one of the 15 million Americans who are self-employed, you don't have to give up the benefits of being your own boss in order to become a homeowner.

Read more about Keys to Obtaining a Home Loan when Self-Employed

06.06.17

Do you know your credit score? When it comes to consumer credit, many people turn a blind eye. But taking a “what I don’t know, can’t hurt me” approach to personal finance may present serious issues, particularly for first-time homebuyers.

Read more about NerdWallet Q&A: How Your Credit Score Affects a Mortgage

05.16.17

If you’ve been shopping around for mortgage lenders, you’ve probably heard a lot about mortgage points. But what are they and how do they affect your monthly mortgage payment?

Read more about Mortgage Origination & Discount Points: Understanding the Basics

04.27.17

Home appraisals are a vital component of mortgage lending. See how the appraisal process works and learn how it protects you as a homebuyer.

Read more about Understanding The Home Appraisal Process

04.13.17

A vacation home isn’t just a summertime house – it’s a memory-maker. That’s according to Toby Babich, a board member of the Vacation Rental Management Association with years of experience in the second-home and vacation rental market.

Read more about Home for the Holidays (& Summer Too): How to Buy a Vacation Home

03.21.17

So, you’ve finally found your dream house. Sure, it may need a little work—okay, a lot of work—but you’re confident it will all be worth it in the end. That is until your home renovation project starts to go down the toilet (or worse, the toilet starts falling through the floor).

Read more about Tricks for Separating Fixer Uppers from the Money Pits

02.02.17

Deciding whether to renovate your current home or buy a new house can be emotionally fraught and financially complicated. As well, there may be aspects of the "stay vs. go" equation you may not have contemplated.

Read more about Should I Stay or Should I Go?