26-78: Updates to Conventional LLPAs

07/31/2026

Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, August 3, 2026 as follows:

  • Updating the Cash-out Special LLPA to apply to loans with LTVs less than or equal to 60% on the ‘Conv LLPAs’ tab.

Please contact your Sales Representative with any questions.