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.