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10 Benefits of Homeownership

What You’ll Learn:The importance of homeownership including building wealth and tax benefits

Topic Discussed:Purchase, Homebuying 101, PenFed Top 10, Getting Started

Expected Read Time:4 MINS

Published: Apr 19, 2023

Is homeownership right for you? Explore 10 of the top benefits of homeownership, from building equity to tax savings.
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8 Steps to an FHA Loan (Plus 2 Bonus Tips!)

What You’ll Learn:Learn the process of obtaining a Federal Housing Administration (FHA) loan.

Topic Discussed:Purchase, FHA Loans, PenFed Top 10, Getting Started

Expected Read Time:7 MINS

Published: Sep 30, 2022

Learn the step-by-step process of applying and getting approved for a Federal Housing Administration (FHA) loan.
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Avoid These Top Home Selling Mistakes

What You’ll Learn:The Dos and Don'ts of Selling a Home

Topic Discussed:PenFed Top 10, Homebuying 101, Generic, Home Ownership

Expected Read Time:10 MINS

Published: Feb 18, 2022

Thinking of selling your home? Discover the dos & don'ts from getting your home ready to list, negotiating, & selecting a closing date. Read on for our top tips.
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10 Real Estate Bidding War Tips

What You’ll Learn:Learn How to Survive and Be Successful in a Real Estate Bidding War.

Topic Discussed:Purchase, Homebuying 101, PenFed Top 10, Finding a Home

Expected Read Time:7 MINS

Published: Feb 04, 2022

Real estate bidding wars can be brutal and stressful. But you can be armed with the knowledge of what to do and how to put your best foot forward. Read on.
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Best VA Loan Lenders Are Credit Unions

What You’ll Learn:Credit Unions Catering to Vets Offer Lower Interest and Fewer Fees

Topic Discussed:PenFed Top 10, VA Loans, Purchase, Closing on a Home

Expected Read Time:7 MINS

Published: Jan 28, 2022

The best mortgage lenders for veterans can be credit unions. For competitive IRRRL rates, low VA mortgage interest rates & fees, go to a credit union.
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Top 10 Benefits of Getting a VA Streamline Refinance

What You’ll Learn:The Benefits of a VA IRRRL Compared to Other Rate-and-Term Refinance Loans.

Topic Discussed:PenFed Top 10, VA Loans, Refinance, Home Ownership

Expected Read Time:5 MINS

Published: Jan 14, 2022

Discover the advantages of a VA Streamline Refinance, from low VA rates to no appraisal, and less stringent credit score requirements.
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Top Things to Know About Moving to Florida

What You’ll Learn:Different Little-Known Facts About Florida Prior to Moving to the State

Topic Discussed:PenFed Top 10, Purchase, Homebuying 101, Home Ownership

Expected Read Time:9 MINS

Published: Jan 07, 2022

Discover different little-known facts about Florida prior to moving to the state.
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Top 10 Luxury Home Features

What You’ll Learn:Read About the Most Luxurious Features You Can't Do Without.

Topic Discussed:PenFed Top 10, HELOC, Refinance, Home Ownership

Expected Read Time:7 MINS

Published: Jan 07, 2022

Discover which luxury home features you can't do without, from gourmet kitchens, master suites, media rooms, and wine cellars. Read on for more.
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Top Repairs to Make Before Selling

What You’ll Learn:What You'll Need to Repair before Putting Your Home on the Market

Topic Discussed:PenFed Top 10, Purchase, Homebuying 101, Home Ownership

Expected Read Time:9 MINS

Published: Dec 17, 2021

Find out what repairs to do before selling a house, how to get ready to put your home on the market, & how to fund repairs and renovations. Read on.
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Top 10 Advantages of an FHA loan?Especially With a Credit Union

What You’ll Learn:Advantages of an FHA Loan ? Especially with a Credit Union

Topic Discussed:PenFed Top 10, Purchase, First Time Home Buyer, Finding a Home

Expected Read Time:7 MINS

Published: Dec 10, 2021

Discover the advantages of a credit union FHA mortgage - from low FHA mortgage rates, to low fees. Read on for more.
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CONVENTIONAL LOANS

Rates starting at % (APR %)¹

 

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

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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