PenFed Mortgage with Confidence

Getting a Mortgage

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 a Mortgage

Everything You Need to Know About VA Loan Rates

What You’ll Learn:How VA loan rates compare and how they are determined

Topic Discussed:VA Loans, VA Loans, Homebuying 101, Getting Started

Expected Read Time:3 mins

Published: April 02,2021

Questions about VA loan rates? Let the experts at PenFed help. In this blog, you'll learn who sets VA rates and how VA loan rates compare.

How Much Credit Card Debt Is OK When Buying a Home?

What You’ll Learn:How credit card debt and credit card utilization impacts buying a home

Topic Discussed:Homebuying 101, Homebuying 101, Getting Started

Expected Read Time:5 mins

Published: February 25,2021

How much credit card debt is OK to have when buying a home? PenFed Credit Union explains what you need to know about credit card debt and getting a mortgage.

How Much Mortgage Can I Afford?

What You’ll Learn:Understand the factors and costs that go into homeownership

Topic Discussed:VA Loans, VA Loans, Homebuying 101, Getting Started

Expected Read Time:3 mins

Published: February 25,2021

Get your home loan financing questions answered, including: Can I afford a mortgage? How much home can I afford? Can I afford to buy a home?

How Your Credit Score Affects Your Mortgage Rate

What You’ll Learn:How your credit score and credit report impact getting a mortgage

Topic Discussed:Homebuying 101, Homebuying 101, Getting Started

Expected Read Time:4 mins

Published: February 25,2021

How important is your credit score when getting a mortgage? PenFed Credit Union explains how your credit score can affect your mortgage rate.

Is a Home Inspection the Same as an Appraisal?

What You’ll Learn:Understand the importance of both an appraisal and a home inspection

Topic Discussed:Homebuying 101, Homebuying 101, Getting Started

Expected Read Time:5 mins

Published: February 25,2021

Many home shoppers ask: What is a home inspection? What is a home appraisal? They are not the same, but both are important. PenFed helps explain the difference.

Understanding Your Credit Score for a VA Loan

What You’ll Learn:How your credit score can affect the interest rate on your mortgage

Topic Discussed:VA Loans, VA Loans, Homebuying 101, Getting Started

Expected Read Time:4 mins

Published: February 25,2021

What are the credit scores needed for a VA loan? Can I get a VA loan with poor credit? Is a VA loan better if I have bad credit? PenFed has all the answers.

VA Loan Closing Costs: What to Expect

What You’ll Learn:Understand what might be expected at closing for a VA loan

Topic Discussed:VA Loans, VA Loans, Homebuying 101, Getting Started

Expected Read Time:3 mins

Published: February 25,2021

Learn all about VA closing costs. What are typical VA closing costs? Which fees do the buyer and seller pay for? Read on for basic guidelines.

VA Loan Eligibility: Step by Step

What You’ll Learn:What the steps are to VA loan eligibility

Topic Discussed:VA Loans, VA Loans, Homebuying 101, Getting Started

Expected Read Time:5 mins

Published: February 25,2021

Wondering how to get a VA loan? PenFed Credit Union provides the step-by-step ways to get a VA loan, from eligibility to moving into your new home.

What Are VA Loan Minimum Property Requirements?

What You’ll Learn:What certain requirements your property must meet in order to be VA-approved

Topic Discussed:VA Loans, VA Loans, Homebuying 101, Getting Started

Expected Read Time:4 mins

Published: February 25,2021

Not every property type can qualify for a VA loan. PenFed Credit Union explains what makes a property VA-approved.

All About VA Loans and Your Credit

What You’ll Learn:How your credit score can affect your VA loan rate

Topic Discussed:VA Loans, VA Loans, Homebuying 101, Getting Started

Expected Read Time:5 mins

Published: February 25,2021

Learn how your credit affects getting a VA mortgage. PenFed Credit Union answers what credit score is good for a VA loan.

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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