24-85: Jumbo Appraisal Review

08/19/2024

Effective immediately, Pennymac will review appraisals for eligibility on locked Jumbo loans. By accepting this Submission form, Pennymac relinquishes and waives1 any rights it may have to assert a claim based on any defects or findings with respect to the Uniform Residential Appraisal Report reviewed under this submission. Any appraisal submission that is not delivered and purchased by Pennymac will be subject to a $250 fee.

1Excludes appraisal fraud or misrepresentation

Please contact your Sales Representative with any questions.