Learning Center Page 18

Explore Pennymac's Learning Center for tips on mortgage rates, interest rates, home buying, refinancing & real estate. Stay informed to make smarter decisions.

Mortgage Basics

Start Smart: Your Plain-English Guide to Mortgage Terms, Processes, and Confidence.

Home Ownership

Master Your Home: Essential Tips and Expert Guidance for Every Homeowner's Journey.

Refinance

Refinance Smarter: Discover How to Save Big or Unlock Cash From Your Home's Value.

Home Equity

Leverage Your Wealth: Strategies for Building, Accessing, and Maximizing Your Home Equity.

Loan Types

Stay Ahead of the Curve: Expert Analysis on Loan Types, Rates, and Market Trends.

Information on Your Year End Mortgage Tax Statements

Pennymac issues the Year End Statement (also known as a Form 1098 or annual tax statement) annually to mortgagors for income tax reporting purposes. This statement includes the total amounts for interest paid and property taxes paid from your escrow account (if you have one) for the entire year.

January 30, 2018

Information on Your Year End Mortgage Tax Statements

January 30, 2018

A Home Inspection Checklist for New Buyers

Is it your dream home or a money pit? A home inspection is the best way to find out. Follow our step-by-step checklist for a thorough home inspection!

January 9, 2018

Online Home Value Tools vs Appraisals: What’s the Difference?

Automated Valuation Models work hand in hand with formal appraisals to show you what your home is really worth. Learn why both are necessary to the lending process.

January 4, 2018

Is a HomeReady® Mortgage Right for Me?

Learn more about the HomeReady® mortgage program, including guidelines, requirements, rates, and how to decide if HomeReady® is right for you.

December 6, 2017

What Home Affordability Calculators Don’t Tell You

Learn about the hidden and unexpected costs that can make a huge difference in how much house you can afford with your salary.

November 28, 2017

Veterans Coming Home: Challenges of Reintegration

For veterans returning home, finding a home and a job can be incredibly difficult. Learn more about these challenges and how they can be overcome.

November 28, 2017

A Short Sale of Your Home: Is it the Right Choice?

If you need to get out from under your mortgage, a short sale might be the answer. Learn how short sales can be preferable alternatives to foreclosure.

November 27, 2017