prequalifying
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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.

05.04.18

Debt-to-income (DTI) ratio isn’t as talked about as often as your credit score, but it’s just as important when seeking a home loan. So what goes into DTI? It’s the amount of recurring monthly debt you have compared to your monthly gross income.

Read more about What Is the Debt-to-Income (DTI) Ratio?

07.20.17

You have made the decision to buy a new home and the house you love is on the market. You’ve submitted your loan application, but what’s next? What are the remaining steps until you have assurance that the new home will be yours?

Read more about Understanding the Mortgage Process: How Long Will It Take?

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

10.25.12

To pre or not to pre? As Prince of Denmark, Hamlet didn’t need to get a mortgage. For the rest of us, however, it’s a seemingly never-ending series of decisions and choices. When buying a home, making some choices earlier on like pre-qualifying for a mortgage, can simplify decisions.

Read more about To Pre or Not to Pre: Understanding Mortgage Pre-qualifying