Blog

Stay current on the latest trends and tips when it comes to mortgages, home buying, and real estate. Pennix Mortgage blog articles and posts are updated often, so be sure to check back regularly for new content.
Here’s How Switching to a VA Loan Helps Your Finances

Here’s How Switching to a VA Loan Helps Your Finances

Military personnel, veterans, and qualified spouses have plenty of great options for financing a home loan. For instance, if you fall under any of these categories, you can refinance your mortgage into a VA home loan.  It’s easy to meet the criteria for a refinance—for example, if you’ve completed 90 days of active duty military service during a...

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Prepare for Homeownership as a Renter: 5 Steps to Follow

Prepare for Homeownership as a Renter: 5 Steps to Follow

There are pros and cons when renting a property, but the cons outweigh the pros. The biggest drawback of renting a house is that you don’t get something valuable in return, especially now that rent prices continue to increase. Why not take steps to own a house?  Even if you think you’re not “there” yet due to your finances and other situations in...

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Adjustable-Rate vs. Fixed-Rate Mortgage: Which One Is Better

Adjustable-Rate vs. Fixed-Rate Mortgage: Which One Is Better

Your home is a major investment that requires a huge amount of money. If you are planning on buying one soon, you will likely finance your purchase by taking out a mortgage. Your mortgage lender charges interest, and the interest rate depends on the type of mortgage you pick. You can choose between an adjustable-rate mortgage and a fixed-rate...

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