Routing # 256078446


MORTGAGE KNOWLEDGE CENTER
PenFed Mortgage with Confidence
June 18, 2021
By the time winter comes around, hopefully, you'll have already done most of your chores. After all, winter certainly isn't the ideal season to be landscaping or painting the house. That being said, if you can put down your cocoa and make time for a few chores, your home will thank you for it. Use the items below as a checklist to ensure your house stays in great shape until the spring.
Exterior Winter Chores List for Homeowners
1. Keep your driveway clean.
As snow and rain build up, the weight, moisture, and cold are perfect conditions to damage your driveway. It's not uncommon to see cracks in the pavement in the spring due to harsh winter conditions eating away at the concrete or tile. One solution is to shovel your driveway and walkways consistently. Although anybody who's shoveled sidewalks before knows it can be an exhausting project. Another option is to purchase ice melt to sprinkle over the surfaces. Look for chemical-free and salt-free brands that won't damage your driveway or home. And buy pet-safe brands that won't harm your animals or sea life once the melted ice drains away.
2. Seal crawl spaces and attics.
You're not the only one who wants to cozy up indoors when the weather is cold and wet. In the winter, all sorts of creatures will be looking for warm homes to make a nest in. That makes crawl spaces and attics prime real estate. To avoid new furry friends and the subsequent damage to your home, it's smart to seal off any areas they have access to. Walk around the perimeter of the house and check for any holes in the siding. Inside, you can install mesh grates over exhaust pipes or other openings and seal up holes in the floorboards or walls.
3. Check drainage pipes.
If you didn't already insulate or drain outdoor pipes in the fall, now is the time to do it. Even if you already took care of it, it's still a good idea to check the pipes periodically to make sure there aren't any leaks.
4. Winterize outdoor appliances and equipment.
This is also a good idea to do early if you can. Make a list of any appliances or equipment that are outside and exposed to the elements. Then decide where to store and protect them. For example, clean your outdoor furnace and tie a tarp over it. Also, move landscaping tools to a safe, dry location like a shed or basement.
Interior Winter Chores List for Homeowners
5. Replace the filters and check water levels on your heating systems.
Your heating systems will be working in overdrive throughout the cold season. That means they'll collect lint, dirt, and other debris more quickly than usual. On top of that, you're likely spending more time indoors in the winter months. So, it's essential to make sure the air quality in your home is healthy. Replace the filters on your heating systems at the beginning of the season. Check filters often to remove any built-up lint. That will allow your heater to work seamlessly. And it can also extend its life.
It's also a good idea to check on your water boiler. While it shouldn't need too much maintenance, make a note to check the water levels and make sure it doesn't develop any cracks or leaks.
6. Check your heating and air system.
Besides cleaning out the filters when needed, it's wise to have an HVAC company do an annual check-up. It's vital if you want to keep the temperature in your home comfortable. Plus, you can avoid costly emergency repairs due to neglect.
7. Deep clean your home.
Since you're spending more time indoors anyway, it's an excellent opportunity to clean the house from top to bottom. Wash the carpets, dust behind furniture and cabinets, and give grouted areas a good scrub. You can also clean out all the drains, remove built-up calcium from showerheads, and repair caulking around baths and showers. Bonus points if you deep clean the fridge as well!
8. Check the area behind and under your refrigerator.
The compressor can get covered with dirt, dust, and debris. A clean compressor keeps your fridge running longer and is more energy-efficient. A quick cleaning can avoid costly repairs or the need for a replacement.
We hope you've found these winter tips helpful. And remember to contact the mortgage professionals at PenFed when you're considering refinancing or purchasing a new home.
To learn more about PenFed Loans or determine which loan is right for you:
SIMILAR ARTICLES
10 Things to Do If You Plan to Buy a House in 6 Months
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
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.
10 Spring Chores to Keep Your Home in Top Shape
Take a look at some spring chores and home improvements that will protect your home’s value this season.
10 Fall Chores to Keep Your Home in Top Shape
Take a look at some home improvements you should tackle this fall. This routine maintenance can protect your home's value this season.

Rates starting at
Home Buying Steps
Mortgage Products
Disclosures
*Prime Rate is 7.50% as of December 20, 2024. The APR for this Home Equity Line of Credit (HELOC) is based on prime plus a margin and can change monthly. Fixed Rate Advances will be amortized over the Fixed Rate Advance Term, with the payment consisting of principal and interest. Your Annual Percentage Rate for a Fixed Rate Advance will be calculated by adding your Prime Rate, your Margin, and the Additional Fixed Rate Lock-In Margin. Your Annual Percentage Rate for a Fixed Rate Advance shall not exceed 18% and shall be equal to or greater than 7.375% for primary residences and second homes.
- Annual Fee: Notwithstanding the foregoing, an annual fee of $99 will be assessed on each account anniversary.
- Home equity lines of credit (HELOC) are variable rate loans and the interest rate is subject to increase after consummation of the loan on monthly basis. Closing costs range between $500 and $8,500 for credit lines of $500,000. Contact a representative for additional details.
Appraisals: PenFed will attempt to establish value via an independent method. If that method is unsuccessful, or the value is not sufficient for the amount requested, an appraisal will be required regardless of CLTV. An appraisal is always required in the following circumstances:
For all loans with a loan amount greater than $400,000.
If an appraisal is required, it must be ordered by PenFed. You will be contacted for authorization and payment prior to ordering. Appraisal fees average $550 to $850 (some run higher).
- Closing Cost Credit: PenFed will pay most closing costs associated with a home equity line of credit (HELOC), which includes credit report, flood certification, settlement/closing, property ownership and encumbrances search, recording, property search, and quick close. Member is responsible for any city, county, and/or state taxes if the subject property is located in FL, LA, MD, MN, NY, TN, or VA. If an appraisal is required, the member, who is responsible for the fee whether or not the loan closes, will pay the cost.
Interest may be tax deductible, consult a tax advisor for further information regarding the tax deductibility of interest and charges.
Fixed Rate Advance Lock-In You may lock in an Annual Percentage Rate for Advances during the Advance Period. During your Advance Period, you may choose to have three separate Fixed Rate Advances locked in at any one time, with a maximum of two new Fixed Rate Advances per calendar year. Each Fixed Rate Advance must equal or exceed Ten Thousand Dollars ($10,000.00) and you may not request a Fixed Rate Advance that would cause the amount you owe to exceed your Credit Limit. The only term option for your Fixed Rate Advance is 240 months (“Fixed Rate Advance Term”). However, the term of your Fixed Rate Advance cannot exceed your Repayment Period.
Fixed Rate Advances will be amortized over the Fixed Rate Advance Term with the payment consisting of principal and interest. Your Annual Percentage Rate for a Fixed Rate Advance will be calculated by adding your Prime Rate, your Margin and the Additional Fixed Rate Lock-In Margin. Your Annual Percentage Rate for a Fixed Rate Advance shall not exceed 18% and shall be equal to or greater than 7.875% for primary residences and second homes.
Property Insurance: Property insurance is required.
Multiple PenFed Loans: Multiple PenFed Equity loans and HELOCs are available as long as the member and collateral qualify (except Texas). For Equity loans and HELOCs the total indebtedness cannot exceed $500,000 for all PenFed Equity and HELOCs combined.
PenFed does not lend on:
- Mobile homes
- Co-ops or time-shares
- Properties that are currently listed on the market for sale
- Commercial property or property used for commercial purposes, even if a residence is part of the property
- Undeveloped property (land only)
- Properties with more than 4 units
Properties that are currently under major construction/renovations: Property must be fully livable, with no safety issues. (Examples: no missing rails from stairs/decks, no open walls with wires showing, missing kitchen appliances/counters, missing bath fixtures or unfinished pool).
- Additional limitations may apply
Home Equity Line of Credit:
- This Account has a Draw Period of 10 years, followed by a repayment period of 20 years.
- If only minimum payments are made during the draw period, the loan balance will not decrease.
- In Texas, the maximum CLTV available is 80% on owner occupied properties. Additional restrictions apply in Texas, so please ask a representative for details.
- In all other states, the maximum CLTV is 85% on owner occupied properties and second homes. Additional restrictions or requirements may apply based on application characteristics.
- Property type of Condo has a maximum CLTV of 80%.
- The maximum CLTV available is dependent on credit qualification.
- Rates vary depending on owner occupancy and CLTV and other loan criteria.
Minimum Loan Amount Requirements in all States:
- For an owner occupied property or second home the minimum loan amount is $25,000 and the maximum amount is $500,000 with a CLTV of 85% or less of the fair market value.
Other terms and conditions apply; call 844-918-4307 to speak with a representative for details. All rates and offers are subject to change without notice. To receive advertised product, you must become a member of PenFed.