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MORTGAGE KNOWLEDGE CENTER

PenFed Mortgage with Confidence

first time homebuyer

Mortgage with Confidence

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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

Home Buying Steps

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PenFed HELOC

LOW RATES · FLEXIBLE CLOSING TERMS
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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

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.
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Top 10 Benefits of Owning vs. Renting

What You’ll Learn:

Topic Discussed:PenFed Top 10, PenFed Top 10, Purchase, First Time Homebuyer, Home Ownership

Expected Read Time:6 mins

Published: August 10,2021

Considering buying a home instead of paying for rent? Read on to see what the advantages are including building equity & having your own space.
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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.
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5 Most Walkable Cities in the U.S. That Are Still Affordable

What You’ll Learn:

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

Expected Read Time:6 mins

Published: July 30,2021

Dreaming of living in a walkable neighborhood with shopping, dining, and affordable homes? Read on to discover our top 5 picks most walkable cities in the U.S.
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Pros and Cons of Buying a New Build Home

What You’ll Learn:

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

Expected Read Time:6 mins

Published: July 30,2021

If you're considering buying a new vs. used home, there are many things to consider including costs, property taxes, upgrades, and maintenance.
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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.
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Top 10 Mistakes to Avoid When Applying for a Mortgage

What You’ll Learn:

Topic Discussed:PenFed Top 10, PenFed Top 10, Homebuying 101, First Time Homebuyer, Finding a Home

Expected Read Time:4 mins

Published: July 16,2021

Applying for a mortgage can be tricky. There are pitfalls to avoid so you don't get turned down. Find out what they are so you have a better chance of approval.
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Homebuying Trends — First-Time Homebuyers

What You’ll Learn:

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

Expected Read Time:4 mins

Published: July 09,2021

Find out about the first-time homebuyer trends and demographics, here and what are they buying, and where are they moving to.
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Homebuying Trends — Millennial Homebuyers

What You’ll Learn:

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

Expected Read Time:4 mins

Published: July 09,2021

Millennial homebuyers are on the hunt for single-family homes, condos, and townhomes. Discover what they're buying.
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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.
LEARN 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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