Non-Delegated Announcements

Delegated Non-Delegated

12.23.25

25-99: FHA and VA Increased Loan Limits for 2026

FHA Forward Loan Limits As announced in FHA Mortgagee Letter 2025-23, effective with case number assigned on or after January 1, 2026, Pennymac is ...

12.19.25

25-98: Waiver of "Important Notice to Homebuyer" Requirement

For cases not yet endorsed on and after November 19, 2025, FHA has announced the policy requirement to provide borrowers with Form HUD-92900-B, Imp...

12.17.25

25-97: Reminder: Deadline for HomeReady & Home Possible T...

On 12/20/2024, Pennymac announced Fannie Mae HomeReady and Freddie Mac Home Possible temporary down payment assistance ($2,500) for very low-income...

12.17.25

25-96: Hours of Operation for December 2025 Holidays

Please note the hours of operation for the Best Efforts Commitment Option:

12.16.25

25-95: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, December 17, 2025 as follows:

12.05.25

25-94: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, December 10, 2025 as follows:

12.04.25

25-93: VA Cash-Out Refinance Maximum LTV/CLTV Update

Effective with loan applications dated on and after December 05, 2025, the following maximum LTV/CLTV requirements apply to VA cash-out refinance t...

12.01.25

25-92: Updates to Jumbo and Government LLPAs

Pennymac will update Jumbo and Government LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, December 2, 2025 as follows:

11.28.25

25-91: Updates to Government LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Monday, December 1, 2025 as follows:

11.25.25

25-90: GSE Loan Limit Increase for 2026

Effective November 26, 2025, Pennymac is aligning with the conforming loan limit increase values for standard and high-cost loans, as announced by ...

11.21.25

25-89: Hours of Operation for Thanksgiving Day Holiday 2025

Please note the hours of operation for the Best Efforts Commitment Option:

11.17.25

25-88: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, November 18, 2025 as follows:

11.14.25

25-87: Fannie Mae Minimum Credit Score Updates

Fannie Mae has announced multiple changes regarding minimum credit score requirements. Each update is addressed below, along with the corresponding...

11.12.25

25-86: Updates to Conventional and Jumbo LLPAs

Pennymac will update Conventional and Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Thursday, November 13, 2025 as follows:

11.06.25

25-85: Updates to Government LLPAs

Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Monday, November 10, 2025 as follows: