down payment
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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.

06.13.18

During the homebuying process, you’re sure to encounter the term Loan-to-Value (LTV) ratio. So what exactly is your LTV ratio, and why is it important?

Read more about What Is Loan-to-Value (LTV) Ratio?

03.19.18

For many potential homebuyers, purchasing a home seems out of reach. With credit card debt to pay off and student loans to repay, many buyers wonder if they’ll ever save up enough down payment (typically, 3-20% of the purchase price). Fortunately, there are down payment assistance programs and other alternative funding sources for cash-strapped buyers.

Read more about Down Payment Assistance Programs and Other Ways to Make Your Down Payment

07.20.17

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

07.20.17

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