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08.08.25
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, August 12, 2025 as follows:
07.25.25
Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Monday, July 28, 2025 as follows:
07.24.25
On July 2, 2025, Freddie Mac announced, in Bulletin 2025-09, temporary subsidy buydown eligibility for loans secured by a manufactured home. Pennym...
07.23.25
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Thursday, July 24, 2025 as follows:
07.21.25
Effective with new loan applications dated on or after September 30, 2025, Pennymac is aligning with Fannie Mae and Freddie Mac updates to condomin...
07.09.25
Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Thursday, July 10, 2025 as follows:
07.03.25
Pennymac will update Government LLPAs effective for all Best Efforts Commitments taken on or after Monday, July 07, 2025 as follows:
06.27.25
Please note the hours of operation for the Best Effort Commitment Option:
06.17.25
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, June 18, 2025 as follows:
06.13.25
06.10.25
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, June 11, 2025 as follows:
05.16.25
Fannie Mae and Freddie Mac announced updated 2025 Area Median Income (AMI) limits with an effective date of May 18, 2025. Pennymac is aligning with...
Pennymac will update Conventional LLPAs effective for all Best Efforts Commitments taken on or after Monday, May 19, 2025 as follows:
05.12.25
Pennymac is pleased to announce that we are aligning with Freddie Mac’s release of their new income assessment tool, the Freddie Mac Income Calcula...