PenFed Mortgage with Confidence

First Time Homebuyer

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

First Time Homebuyer

5 FHA Rules to Know Before Getting a Loan

What You’ll Learn:

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

Expected Read Time:5 mins

Published: May 14,2021

Learn all about FHA loan rules, including FHA loan amount limits, residence requirements, insurance, and more.

Understanding Jumbo Loan Rates

What You’ll Learn:

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

Expected Read Time:3 mins

Published: May 14,2021

Jumbo loan interest rates can vary based on credit, income, down payment or equity, and property type. Learn how to get the best jumbo loan interest rates.

What is a Preapproval?

What You’ll Learn:

Topic Discussed:First Time Homebuyer, First Time Homebuyer, Conventional loans, VA Loans, Getting Started

Expected Read Time:4 mins

Published: May 14,2021

A preapproval is a key part of starting your homebuying process. PenFed Credit Union explains what a preapproval is, why you need one, and how to get it.

Big Advantages of FHA Loans

What You’ll Learn:

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

Expected Read Time:5 mins

Published: May 07,2021

FHA loans have lots of amazing benefits. From easier credit, down payment, and gift fund rules, to great interest. Read on to see the top 10.

FHA Loan Requirements and Down Payments

What You’ll Learn:

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

Expected Read Time:5 mins

Published: May 07,2021

Learn all about FHA loan requirements. From credit scores, down payment amounts, to house condition, and PMI. Read on to see if an FHA loan is right for you.

Tips for Buying a Home in the Summer

What You’ll Learn:

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

Expected Read Time:4 mins

Published: April 30,2021

Is summer the best time of year to buy a home? Are more houses for sale in summer? Get these answers and more. Read on for our top summer home buying tips.

What is an FHA Loan?

What You’ll Learn:

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

Expected Read Time:4 mins

Published: April 30,2021

FHA loans are great for first time borrowers, have lenient credit qualifications, and only require 3.5% down. Read on to learn about FHA mortgages.

10 Things to Do If You Plan to Buy a House in 6 Months

What You’ll Learn:The steps to buying a home in only six months

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

Expected Read Time:6 mins

Published: April 02,2021

Learn how to buy a house in six months, what the different types of mortgages are, the cost of homeownership, and more.

Comparing Types of Mortgages

What You’ll Learn:What type of mortgage is best for you

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

Expected Read Time:7 mins

Published: April 02,2021

Need tips for comparing types of mortgages? Discover the answers to what different types of mortgages are available and what type of mortgage is best for you.

How Is a Jumbo Loan Different than a Conforming Loan?

What You’ll Learn:Is a jumbo loan right for you

Topic Discussed:First Time Homebuyer, First Time Homebuyer, Getting Started

Expected Read Time:4 mins

Published: April 02,2021

Jumbo loans make luxury homes a reality. Read on and find out what a jumbo loan is, what makes a mortgage jumbo, and what the benefits of a jumbo loan are.

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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