26-55: Updates to Non-QM LLPAs

05/27/2026

Updates to Non-QM LLPAs

Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Thursday, May 28, 2026 as follows:

  • Updating values in the “Full Doc – Risk Based Price Adjustments” and the “LLPAs by Documentation Type” grids on the ‘Non-QM A+’, ‘Non-QM A-‘, and ‘Non-QM A’ tabs

Please contact your Sales Representative with any questions.