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Getting Your Home Ready For Sale

What You’ll Learn:Learn about the steps you should take prior to listing your home for sale

Topic Discussed:Purchase, Homebuying 101, First Time Home Buyer, Finding a Home

Expected Read Time:5 MINS

Published: Nov 22, 2022

Looking to put your house on the market? Here are some tips to help you get the most out of your home's sale.
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Is Getting a Mortgage in a Recession a Smart Idea?

What You’ll Learn:Examine real estate impacts of a recession and weigh the pros and cons.

Topic Discussed:Purchase, Homebuying 101, First Time Home Buyer, Finding a Home

Expected Read Time:4 MINS

Published: Oct 24, 2022

Is buying a home during a recession a good idea or is it a bad time to buy a house? Learn how real estate is impacted by a recession.
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When is the Best Time of Year to Buy a Home?

What You’ll Learn:Learn how to determine when the best time for you to purchase a home might be.

Topic Discussed:Purchase, Homebuying 101, First Time Home Buyer, Finding a Home

Expected Read Time:7 MINS

Published: Oct 24, 2022

When is the best time to apply for a mortgage and buy a home? Find out how seasons affect the housing industry & other considerations before buying.
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How Do Principal and Interest Work with Tax Deductions?

What You’ll Learn:Are you eligible for mortgage interest tax deductions? Learn more here.

Topic Discussed:Purchase, Homebuying 101, First Time Home Buyer, Finding a Home

Expected Read Time:4 MINS

Published: Oct 14, 2022

Learn about mortgage interest tax deductions and other ways home ownership can help save you money come tax time.
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10 Things You Can Do to Get the Lowest Mortgage Interest Rate

What You’ll Learn:Find out how to get the lowest interest rates when buying or refinancing a home.

Topic Discussed:Purchase, Homebuying 101, First Time Home Buyer, Finding a Home

Expected Read Time:5 MINS

Published: Oct 14, 2022

Find out how to get the lowest interest rates when you buy a home - before, during, and even after the process.
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VA Loan Closing Costs - Everything You Need to Know

What You’ll Learn:Do VA loans have closing costs? Who pays VA closing costs? Can you roll closing

Topic Discussed:Purchase, Homebuying 101, First Time Home Buyer, Finding a Home

Expected Read Time:6 MINS

Published: Sep 16, 2022

Do VA loans have closing costs? Who pays VA closing costs? Can you roll closing costs into a VA loan? Discover the answers to these and more common questions.
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VA Certificate of Eligibility - Everything You Need to Know

What You’ll Learn:Learn the ins and outs of the VA Certificate of eligibility

Topic Discussed:Purchase, Homebuying 101, First Time Home Buyer, Finding a Home

Expected Read Time:4 MINS

Published: Sep 16, 2022

Explore this comprehensive resource about VA eligibility and the VA COE.
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Pros and Cons of an FHA Loan - What You Need to Know

What You’ll Learn:Is an FHA Loan Right for You? Let's Look at the Pros and Cons.

Topic Discussed:Purchase, Homebuying 101, First Time Home Buyer, Finding a Home

Expected Read Time:6 MINS

Published: Sep 16, 2022

Even if you meet the criteria, does that always mean an FHA loan is right for you? Let's look at the pros and cons.
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Should You Buy a House or Condo?

What You’ll Learn:How to decide which suits you the best – a house or a condo.

Topic Discussed:Purchase, Homebuying 101, First Time Home Buyer, Finding a Home

Expected Read Time:12 MINS

Published: Aug 25, 2022

House or Condo? Deciding what type of property to purchase is important. It affects so many things from financing to location. Read on to see our top tips.
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Is Now the Best Time for an ARM?

What You’ll Learn:How you can still get low interest rates by getting an adjustable-rate mortgage.

Topic Discussed:Purchase, Homebuying 101, First Time Home Buyer, Finding a Home

Expected Read Time:7 MINS

Published: Aug 25, 2022

With interest rates rising, you can still get a low rate with an adjustable-rate mortgage. An ARM can give you more buying power - especially in bidding wars.
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CONVENTIONAL LOANS

Rates starting at % (APR %)¹

 

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After your application, we’ll help you:

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Home Buying Steps

Mortgage Topics

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PenFed HELOC

Rates as Low as % APR with flexible use of funds

Apply before becoming a member.

After your application, we’ll help you:

1. Discover you’re eligible to become a PenFed member

2. Open a Savings/Share Account and deposit at least $5

Disclosures

1Rates are updated daily at 10:15am EST. The advertised rates and points are subject to change. The information provided is based on discount point, which equals percent of the loan amount, and assumes the purpose of the loan is to purchase a property with a 30-year, conforming, fixed-rate loan. Loan amount of $400,000; loan-to-value ratio of 75%; credit score of 760; and DTI of 18% or less. The property is an existing single-family home and will be used as a primary residence. The advertised rates are based on certain assumptions and loan scenarios, and the rate you may receive will depend on your individual circumstances, including your credit history, loan amount, down payment, and our internal credit criteria. Other rates, points, and terms may be available. All loans are subject to credit and property approval.

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