25-136: Updates to Non-QM LLPAs

12/22/2025

Pennymac has updated Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Tuesday December 23, 2025 as follows:

  • Updating values in the “LLPA by Product Feature” grid on the ‘Non-QM DSCR’ tab.

Please contact your Sales Representative with any questions.