Non-QM Resources
Non-QM Product Profiles
06.12.26
Pennymac guidelines and information regarding Non-QM A+ products.
06.12.26
Pennymac guidelines and information regarding Non-QM A products.
06.12.26
Pennymac guidelines and information regarding Non-QM A- products.
06.12.26
Pennymac guidelines and information regarding Non-QM DSCR products.
Non-QM Forms
09.22.25
To be included when delivering the file for purchase to Pennymac Correspondent Group if the loan proceeds are used for a business purpose.
09.22.25
To be included when delivering the file for purchase to Pennymac Correspondent Group if a married borrower is providing a personal guaranty alone in a community property state.
09.22.25
To be included when delivering the file for purchase to Pennymac Correspondent Group confirming the borrower's intended use of a property.
09.22.25
To be included when delivering the file for purchase to Pennymac Correspondent Group if a borrower is providing a personal guaranty for the borrowing business entity.
09.22.25
To be included when delivering the file for purchase to Pennymac Correspondent Group for each self-employed borrower's income and business finances being used on the transaction.
09.22.25
To be included when delivering the file for purchase to Pennymac Correspondent Group, when the subject property is a condominium, certifying the condominium project meets all program eligibility requirements.
02.17.26
Completed form to be included when delivering the file for purchase to Pennymac Correspondent Group when the subject property is a condominium.
02.17.26
Completed form to be included when delivering the file for purchase to Pennymac Correspondent Group when the subject property is a condominium.
10.22.25
Completed form to be included when delivering the file for purchase to the Pennymac Correspondent Group.
06.22.26
To be included when delivering a file for purchase to Pennymac Correspondent Group to disclose the borrower's total financed real estate owned.
Non-QM Reference Guides
10.31.25
Overview of key contacts, addresses, fees, and delivery information for the Pennymac Delegated Correspondent Group.
09.22.25
Frequently Asked Questions on the Non-QM product line. These will range from product, to credit evaluation, closing specifics, etc...
09.22.25
Product Comparison of the Non-QM Credit Grades. High level view of the A+, A, and A- minus programs to cite similarities and differences.
09.22.25
Seller Overview introducing Pennymac Correspondent's Non-QM Product Suite.
06.24.26
Step-by-step instructions for requesting a guideline exception for Non-QM loans in P3.
Non-QM Training Webinars
Watch our second Non-QM webinar for a deep dive into Pennymac's Non-QM product offerings.
Watch our webinar to learn more about Pennymac Correspondent's Non-QM Product Suite. Discover innovative solutions that can help you close more deals and meet the diverse needs of today’s market.
P3 Portal Webinar: Delivery of Closed Loan.
P3 Portal Webinar: Uploading Documents and Conditions.
Non-QM Help Links
Underwriting Help Desk
Seller resources staffed by Pennymac Non-QM Credit Experts. Use this desk to ask scenario questions or request bank statement income analysis.
DSCR Calculator
Use this calculator to determine a preliminary debt service coverage ratio (DSCR), using gross rental income and new PITIA information.