23-56: Updates to Conventional & Government LLPAs

08/28/2023

Pennymac will update Conventional & Government LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, August 30 2023 as follows:

  • Update values for the ‘2nd Home Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ LLPA Grid.
  • Update value for the ‘Cash-Out FICO 660-679’ LLPA on the ‘VA Other Price Adjustments’ LLPA Grid

Please contact your Sales Representative with any questions.