Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. What Pennymac Offers Pennymac offers several popular mortgage products, including conventional loans, jumbo loans, and loans from the Federal Housing Administration (FHA), U.S. Department of Veterans Affairs (VA) and U.S. Department of Agriculture (USDA).Mortgage refinance loans, home equity loans and cash-out refinance loans are also available, but the lender doesn’t offer renovation loans or HELOCs.Loan amounts, terms and down payment requirements vary by loan program and borrower qualifications. Pennymac publishes sample interest rates online every day and you can also get an instant rate estimate better tailored to your credit profile.Loan TypesMortgage options for purchasing or refinancing a home through Pennymac include:Conventional (fixed- and adjustable-rate mortgages)JumboFHA purchaseFHA streamline refinanceFHA cash-out refinanceVA purchase...
