23-85: Updates to Conventional LLPAs

12/13/2023

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Thursday, December 14, 2023 as follows:

  • Improving values for the ‘2nd Home Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ LLPA Grid.
  • Updating footnote for the “2nd Home Additional’ & ‘Investment Additional’ LLPAs.

Please contact your Sales Representative with any questions.