05/06/2026
Pennymac is aligning with revised manufactured home policy announced in Freddie Mac Bulletin 2026-04; effective with LPA submissions and resubmissions on and after April 12, 2026.
The maximum loan term for a manufactured home cash-out refinance transaction is now increased from 20 years, to 30 years. All other requirements remain unchanged.
Please contact your Sales Representative with any questions.