25-48: Updates to Conventional LLPAs

05/02/2025

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, May 5, 2025 as follows:

  • Improve values for the ‘Investment Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ LLPA Grid.
  • Improve values for the ‘2nd Home Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ LLPA Grid.
  • Update values on the ‘Area Median Income Adjustments’ LLPA Grid

Please contact your Sales Representative with any questions.