Pennymac is a lender that is focused on being a partner to its customers. They offer a range of mortgage options that are designed to help their clients find the right home for their needs and budget. From fixed-rate mortgages to interest rate reduction refinance loans, you can take advantage of their streamlined processes to help you achieve your homeownership dreams.
Pennymac has a slew of loan products to choose from, including second mortgages, streamlined assist refinance loans, and conventional purchase mortgages. The company also offers cash-out refinances and mortgages with special features. These include a loan that lets you borrow cash at closing, a loan that allows you to make a lump sum payment, and a loan that lets you pay off your old mortgage by paying off the new one.
The best part is, you don’t have to be a mortgage broker to get the most out of these options. Whether you want to buy a first home or just need a new loan, the staff at PennyMac can help you navigate the options available to you. In fact, they can even provide you with a free pre-qualification so that you can determine whether you qualify for a particular loan. You can apply online, by phone, or in person.
Not only does PennyMac have the best selection of loans, they are also committed to providing a high level of customer service. This includes being upfront about the process and ensuring that you are able to complete your application without hassles. Once you’ve completed the application, a loan agent will complete the rest of the paperwork on your behalf. For example, you can e-sign most of the paperwork, allowing you to move forward quickly. And after the loan closes, you can receive a cool $350 to $9,500 in cash back.
While there are no shortage of loan providers in the industry, PennyMac has a unique approach to their business. Instead of charging a commission to the lender, they simply earn a fulfillment fee when your loan is funded. That means that you don’t have to worry about negotiating fees or hidden charges. Furthermore, if you have bad credit, you can still find a lender that will help you get the financing you need. As a result, you can get the financing you need to build a better home or improve your current abode.