prequalifying Articles

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

During the pre-qualification process your lender will ask for financial information to determine how much you can borrow. Learn more at Pennymac.

October 12, 2022

A conditional approval is different than both pre-approval and full approval. It relies on specific conditions being met at closing. Learn more.

May 24, 2022

Debt-to-Income ratio (DTI) is the amount of monthly debt you have compared to how much monthly gross income you earn. Learn how to calculate your own DTI and how DTI ratios vary for various types of loans.

May 3, 2018

How long does it take to process a home loan? Learn about the mortgage approval process and find tips on how to help speed the process along.

July 19, 2017

Caught up in the dream of house hunting? Time for a financial reality check. Our experts share their top tips to take before you begin the mortgage process.

July 19, 2017