05/08/2026
Effective with new loan applications dated on or after May 8, 2026, Pennymac is updating eligibility requirements for certain property types and removing specific requirements for DSCR transactions:
Credit Inquiries
Credit inquiry requirements no longer apply for DSCR transactions and have been removed from the product profile.
Business Assets
A CPA or Underwriter Cash Flow Analysis is no longer required when business assets are used for down payment, closing costs, or reserves.
Please contact your Sales Representative with any questions.