Apply Pennymac Home Purchase Loans

by GuideService · August 28, 2017

PennyMac is a loan service company based in America with the headquarter in Westlake Village, California. It was founded in 2008 and in 2012 the company has originated $22.0 billion in the mortgage loan.
The company has 2946 employees, which makes them one of the largest private employer’s company. It has three primary businesses which are correspondent lending, retail lending, and the loan servicing. The company is very successful in all the three businesses. The loan serviced by the company worth more than $78.2 billion. The parent company is PFSI, and Mr. Stan Kurland is the CEO and President of the company.

How To Apply for Pennymac Home Purchase Loans:

First of all, go to the website of the loan servicing company by clicking on this link: www.pennymacusa.com
The main page of the website will be shown with many loan options.
Click on the “Buy a Home” option at the very left side of the page.
When you click on the option, the bar will be shown having five options, click on the second option for the home purchase loans.
The new page will be shown with the heading of types of home purchase loans.
There are four types of the home purchase loan available on the website now that the company provides.
Adjustable Rate Mortgages, FHA loans, Fixed Rate Loans, VA loans.
Select the type of loan which you want for purchasing the home.
When you click on any of these options, you will be directed to the bottom of the page where the loan policies of these types are written with the advantages and benefits of it.
Every loan type has an eligibility criterion written on the page, must read this and only apply when you are eligible for it.
There is also the learn more about the policy option in the orange color on the end of every policy detail.