down payment

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.


You have probably heard home buyers, sellers and real estate professionals talk about being in escrow, close of escrow, or even “falling out of escrow.” What do these terms mean, and how will they impact your home buying journey?

Read more about The Role of Escrow Accounts in Real Estate Transactions


Ready to buy a home? Can't stop daydreaming about that charming townhouse? Not so fast. There's a lot more that goes into buying your first home than scrolling sales listings and wishful thinking. Get the down-low from our housing market experts.

Read more about How to Buy a House: Tips from the Experts


The thought of purchasing a home may often seem out of reach. With student loans to pay back and credit card debts to settle up, many buyers wonder if they'll ever accumulate enough money to meet that 20% down payment. Fortunately, there are alternative fund sources available for cash-strapped borrowers.

Read more about Three Ways to Help You Meet that Down Payment