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05.31.22
Effective Monday, June 6, 2022, Pennymac is pleased to announce the maximum VA LTV/CLTV for Cash Out Refinances is 100% including any financed fund...
05.20.22
Effective Monday, May 23, 2022 Pennymac is adding a Government FHA LLPA Special for all Best Effort commitments as follows
05.16.22
Please note the hours of operation for Best Effort, Bulk and Bulk-AOT Commitment Options:
05.13.22
Pennymac will update Conventional LLPAs effective for all Best Effort commitments taken on or after Monday, May 16, 2022, as follows:
Effective Friday, May 13, 2022, Pennymac will update the Non-Delegated Best Effort loan creation and loan access processes in P3.
05.05.22
A Temporary Interest Rate Buydown, also called a “temp buydown” for short, is a financing tool that allows well qualified borrowers – who are quali...
04.26.22
PennyMac will update Government LLPAs effective for all Best Effort commitments taken on or after Wednesday, April 27, 2022, as follows: Upd...
04.25.22
Currently, Pennymac requires a minimum 620 FICO Score on all government loan programs. Effective Friday, April 29, 2022, Pennymac is ...
04.14.22
In today’s market Borrowers are looking for a way to lock in a rate while they continue their search for the perfect home. Pennymac Correspondent G...
04.13.22
PennyMac will update Conventional LLPAs effective for all Best Effort commitments taken on or after Thursday, April 14, 2022, as follows:
04.07.22
Manufactured homes are a type of factory-built housing with characteristics comparable to site-built homes, but at a fraction of the cost. Furtherm...
04.04.22
Pennymac will update Government LLPAs effective for all Best Effort Commitments taken on or after Wednesday, April 6, 2022 as follows:
03.25.22
Due to IRS delays, effective immediately, Pennymac is temporarily suspending the existing Pennymac Tax Transcript requirements.
03.17.22
PennyMac will update Conventional LLPAs effective for all Best Effort commitments taken on or after Tuesday, March 22, 2022, as follows: