Is It Better to Get a Mortgage from a Bank or Lender?
Buying a home comes with a long list of decisions, and one of the biggest is figuring out where to get your mortgage. Should you go with a bank or a mortgage lender? It’s a question that doesn’t always have a clear-cut answer. Some people prefer banks because they’re familiar, while others choose mortgage lenders […]
What Is the 3 7 3 Rule in a Mortgage?
There’s a rule in mortgage lending that affects the timing of your home loan process, and if you’re not familiar with it, you could be caught off guard. It’s called the 3 7 3 rule in a mortgage, and it sets specific deadlines for when lenders must provide disclosures and when you can officially close […]
How to Choose the Right Mortgage Lender in West Chester
Buying a home is a big deal, especially for first-timers. For many, it’s not just about finding the perfect house—it’s about finding the perfect mortgage lender. But when there are countless options out there, understanding how to choose a mortgage lender can be a bit easier said than done. Instead of wading through online reviews, […]
What Questions Should You Ask a Mortgage Lender
Finding the right mortgage lender can ultimately make a big difference in your overall home purchase journey. With Penn Street Mortgage, our team of mortgage brokers can make sure you have several options when it comes to a home loan option that works best for you. But, the lender you choose can have a big […]
Questions to Ask When Refinancing Your Mortgage
Thinking of refinancing your home loan? Between interest rates, loan terms, and closing costs, you’re probably wondering, “Where do I even begin?” Luckily, asking the right questions can help demystify the process and save you money. That’s what Penn Street Mortgage is here for. With our team of mortgage brokers, we can help you navigate […]
Guide to USDA Home Loans for Rural Development in Chester County
Did you know that there are mortgage programs that can benefit you in buying a house in a rural area? While homeownership is a dream for many, it can sometimes feel like a far-off possibility. But, with a USDA home loan you can get rural home financing in Pennsylvania that can help your dream of […]
Investing in Malvern PA Real Estate: Opportunities in Commercial Mortgages
Are you thinking of making a real estate investment in Malvern, PA? You wouldn’t be alone — This small town is becoming a popular location for real estate investors, especially in the commercial real estate sector. At Penn Street Mortgage, we have decades of combined experience and are here to help offer expert advice and guidance […]
Tailored Mortgage Broker Services in Downingtown PA for First-Time Commercial Buyers
Getting ready to purchase your first commercial property is a big step — and often, it’s scary! Whether you’re looking to expand your business or improve your cash flow, getting a commercial mortgage is different from a residential mortgage, and you’ll likely need some assistance. That’s where we’re here to help. At Penn Street Mortgage, we get […]
Navigating SBA 504 Loans for Commercial Properties in West Chester
Small business owners juggle a lot. From managing daily operations to planning for growth, there’s always something demanding your attention. One of the biggest decisions you’ll have to make for your business is how to finance your commercial property. If you’re a business owner in West Chester, SBA 504 loans might be just what you […]
How to Leverage FHA Loans for First-Time Buyers in Exton, PA
Searching for your first home can feel overwhelming, especially with the countless different types of mortgage options available. There are so many different ways you can finance your home based on your personal needs and budget! One potential option is an FHA loan. At Penn Street Mortgage, our team of mortgage lenders can explain how […]