24-37: Updates to Conventional LLPAs

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, April 22, 2024 as follows:

• Improve values for the ‘2^nd Home Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ Grid.
• Improve values for the ‘Investment Additional’ LLPA on the ‘LLPAs by Product Feature for All Eligible Loans’ Grid.

Please contact your Sales Representative with any questions.