09/26/2025
Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Monday, September 29, 2025 as follows:
A-Series
- Updating values in the “Full Doc - Risk Based Price Adjustments” grid
- Updating values in the “Alt Doc (WVOE & Bank Statements) - Risk Based Price Adjustments” grid
- Introducing new “UPB > 500000 <= 750000” adjustment to the “LLPAs by Product Feature” grid
- Updating values in the “LLPAs by Product Feature” grid
- Updating values in the “Prepay Penalty Price Adjustments” grid
- Updating the “Extension Cost” in the “Additional Price Adjustments” grid
- Updating Price Caps in the “Additional Price Adjustments” grid
DSCR
- Updating values in the “Full Doc - Risk Based Price Adjustments” grid
- Introducing new “UPB > 500000 <= 750000” adjustment to the “LLPAs by Product Feature” grid
- Updating values in the “LLPAs by Product Feature” grid
- Updating values in the “Prepay Penalty Price Adjustments” grid
- Updating the “Extension Cost” in the “Additional Price Adjustments” grid
- Updating Price Caps in the “Additional Price Adjustments” grid
- Updating values in the “LLPAs by State” grid
Please contact your Sales Representative with any questions.