25-11: Updates to Conventional LLPAs

01/27/2025

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, January 28, 2025 as follows:

  • Adding new ‘> 300,000 <=325,000 Additional’ LLPA to the ‘Conventional Loan Amount Price Adjustments’ LLPA Grid.
  • Adding new ‘> 325,000 <=350,000 Additional’ LLPA to the ‘Conventional Loan Amount Price Adjustments’ LLPA Grid.
  • Introduce new footnote to the ‘Conv LLPAs’ tab.

Please contact your Sales Representative with any questions.