PenFed Mortgage with Confidence

getting started

Mortgage with Confidence

CALL TODAY AT 1-866-386-7254 OR
Start Online

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

PenFed HELOC

LOW RATES · FLEXIBLE CLOSING TERMS
Start Online

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

getting started

10 Things to Avoid When Buying a Home

What You’ll Learn:

Topic Discussed:PenFed Top 10, PenFed Top 10, Homebuying 101, First Time Homebuyer, Getting Started

Expected Read Time:6 mins

Published: August 20,2021

Are you preparing to buy a home? Discover the top pitfalls to avoid - from overspending to not getting pre-approved by a good lender. Read on to find out more.

Mortgage Calculator - Know Your Options

What You’ll Learn:

Topic Discussed:Purchase, Purchase, Homebuying 101, First Time Homebuyer, Getting Started

Expected Read Time:4 mins

Published: August 06,2021

Use PenFed’s free mortgage calculator and determine your monthly payment, including principal and interest. Calculate conventional, VA, and jumbo home loans.

Top 10 Benefits of Home Ownership

What You’ll Learn:

Topic Discussed:PenFed Top 10, PenFed Top 10, Homebuying 101, First Time Homebuyer, Getting Started

Expected Read Time:4 mins

Published: July 23,2021

There are so many advantages of homeownership, from building equity to tax savings. Find out all ten, so you can decide if homeownership is right for you.

Advantages of a Mortgage Recast

What You’ll Learn:

Topic Discussed:Homebuying 101, Homebuying 101, Conventional loans, Adjustable Rate Mortgage, Getting Started

Expected Read Time:4 mins

Published: July 01,2021

Find out what a mortgage recast is and how you can use one to your advantage in a competitive seller's market. Find out more about re-amortization.

Hot Housing Market Tips

What You’ll Learn:

Topic Discussed:Homebuying 101, Homebuying 101, Conventional loans, Adjustable Rate Mortgage, Getting Started

Expected Read Time:7 mins

Published: July 01,2021

Buying a house in a red hot real estate market is challenging. Discover why the housing market is so hot and unique ways to find unlisted homes for sale.

How to Document Income for a Mortgage

What You’ll Learn:

Topic Discussed:Purchase, Purchase, refinance, Homebuying 101, Getting Started

Expected Read Time:6 mins

Published: July 01,2021

No matter what type of income you have, you'll need to document it when applying for a home loan. Read on to discover what you'll need and the basic rules.

VA IRRRL Program

What You’ll Learn:

Topic Discussed:VA Loans, VA Loans, Homebuying 101, First Time Homebuyer, Getting Started

Expected Read Time:5 mins

Published: July 01,2021

The VA IRRRL refinance program has rules and guidelines, including appraisal, COE, funding fees, recoupment, and closing costs. Read on to find out more.

Discover Gated Communities

What You’ll Learn:

Topic Discussed:Homebuying 101, Homebuying 101, Conventional loans, Adjustable Rate Mortgage, Getting Started

Expected Read Time:4 mins

Published: June 28,2021

From single-family homes to townhomes and condos, gated communities offer shoppers many options. Read on to see if a gated community is right for you.

Top FHA Frequently Asked Questions

What You’ll Learn:

Topic Discussed:Homebuying 101, Homebuying 101, First Time Homebuyer, fha, Getting Started

Expected Read Time:8 mins

Published: June 28,2021

Get your FAQs for FHA loans answered. From how many FHA loans can you have to streamline refinances, seasoning fund requirements, and 203K.

About FHA Mortgage Insurance Premium

What You’ll Learn:

Topic Discussed:Homebuying 101, Homebuying 101, First Time Homebuyer, fha, Getting Started

Expected Read Time:5 mins

Published: June 28,2021

Get your questions about MIP answered, including how to remove it, how much it costs, MIP rates, tax-deductibility, and more.

Mortgage with Confidence

CALL TODAY AT 1-866-386-7254 OR
Start Online

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

PenFed HELOC

LOW RATES · FLEXIBLE CLOSING TERMS
Start Online

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

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