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Enhancing Your Online Mortgage Account!

Enhancing Your Online Mortgage Account!

We listened and it’s here! We completely redesigned our loan servicing website with features that allow you to access your loan information from your computer, tablet, or mobile device. Top to bottom, every aspect of your logged-in experience has been rebuilt and reconsidered with the focus on improving your overall online mortgage experience.


Huge Redesign. Major Update.

  • Posted by Jeremy Bachmann
  • 12/19/2014
Huge Redesign. Major Update.

Over the past couple years, we’ve seen more customers using phones and tablets to access PennyMacUSA.com. Last week, we redesigned the site to ensure that you’re able to find what you need clearly and easily regardless of the device you’re using. Searching for rates, learning more about smart home finance, and finding the right loan has become much easier.


Why Cash-Out Refinancing May Not Always Make Sense

Why Cash-Out Refinancing May Not Always Make Sense

If your home value is now comfortably above water, you may be tempted to refinance once again to take cash out from your improved home equity. Cash-out refinances typically have no restrictions on how you use the cash you receive. The proceeds can go towards anything from making home improvements to paying for a child's education or even a new car.


Understanding the Rules for Deducting Home Mortgage Interest

  • Posted by Jordan Blakley
  • 04/15/2014
  • taxes
Understanding the Rules for Deducting Home Mortgage Interest

The IRS's home mortgage interest deduction is one of the most valuable tax write-offs for American families. While its effect can vary depending on your income, other deductions, and your mortgage, it's likely that it will reduce your annual tax costs by thousands of dollars. Claiming it is relatively simple for most people, as long as you follow the IRS's rules.