02/11/2021
Effective with loans delivered on or after 3/1/2021, PennyMac is aligning with the reduction to the maximum LTV for Home Possible Mortgages secured by 2- to 4-unit properties as announced in Freddie Mac Bulletin 2020-45 and outlined in the table below:
The LPA feedback messages will be updated by 4/1/2021 to reflect these changes.
Please contact your Sales Representative with any questions.