down payment Articles

Affordable Lending: Homebuyer Assistance Programs

Homebuyer assistance programs can help you achieve your homeownership goals by providing down payment assistance, closing cost aid and lower interest rates.

October 25, 2023

Affordable Lending: Homebuyer Assistance Programs

Homebuyer assistance programs can help you achieve your homeownership goals by providing down payment assistance, closing cost aid and lower interest rates.

October 25, 2023

What is a Conventional Loan?

A conventional home loan has less provisions than other mortgage types. Find out if a conventional loan is right for you and how to qualify for one.

March 21, 2023

First Time Homebuyer Loans

Getting a first time homebuyer loan can be simple, learn about the requirements and qualifications at Pennymac.com

November 29, 2022

Everything You Need to Know About the VA Funding Fee

The 2022 VA funding fee ranges from .5% to 3.6%. Learn more about this one-time fee at Pennymac.com.

October 12, 2022

How to Save for a Down Payment

Sick of renting and wondering how to save for a down payment? These tips will help you save enough to finally buy.

June 1, 2022

Do You Need 20% Down To Buy A Home?

Learn how much of a down payment you need for different loan types and about the assistance programs offered, for both first-time buyers and experienced homebuyers.

September 9, 2020