23-59: Updates to Conventional LLPAs

09/12/2023

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, September 13 2023 as follows:

  • Introduce new ‘Investment Property’ LLPA to the ‘LLPAs by Product Feature for All Eligible Loans’ LLPA Grid.

Please contact your Sales Representative with any questions.