07/12/2024
Pennymac will update Conventional, Government and Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Monday, July 15, 2024 as follows:
- Improve values for the ‘2nd Home Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ Grid.
- Improve values for the ‘Investment Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ Grid.
- Update values on the ‘Government Loan Amount Price Adjustments’ LLPA Grid.
- Update the Loan Balance ranges on the ‘Jumbo Loan Amount Price Adjustments’ LLPA Grid.
Please contact your Sales Representative with any questions.