24-02: Updates to Jumbo LLPAs

01/05/2024

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Monday, January 8, 2024 as follows:

  • Improving values on the ‘Occupancy Adjustments’ LLPA grid.
  • Updating values for the ‘Purchase’ LLPA on the ‘Loan Purpose Adjustments’ LLPA grid.

Please contact your Sales Representative with any questions.