Non-Delegated Resources

This content is for approved Sellers selling Mortgage Loans with non-delegated underwriting to PennyMac Loan Services, LLC pursuant to a Mortgage Loan Purchase Agreement and is not intended for consumers.

Non-Delegated FAQ’s and Fact Sheets

01.05.24

Multi Factor Authenticator Setup Guide

P3 Multi Factor Authenticator Setup Guide.

10.03.23

Non-Delegated Best Practices and Tips

Best practices and tips to have a smooth process from beginning to end.

06.23.23

Important Changes to Non-Delegated MI Process

Clear to Close Update.

05.09.23

Non-Delegated Non-U.S. Citizen Documentation Requirements

List of acceptable visas for non-permanent residents.

04.18.23

Non-Delegated MI Ordering Guide

Step by step process for ordering MI through P3 for Non-Delegated.

04.18.23

Non-Delegated FAQ

Frequently asked questions regarding submission for non-delegated eligibility review.

02.06.23

Non-Delegated Program Flyer

ND Product Mix and Platform Highlights.

02.08.24

Non-Delegated Quick Reference Guide

Overview of key contacts, addresses, fees, and delivery information for the Pennymac Non-Delegated Correspondent Group.

Non-Delegated Forms and Tools

10.05.23

Access your Non-Delegated Company Scorecard

How to Access Your Company Scorecard.

09.21.23

Non-Delegated Requesting Post Funding Adjustments

Step-by-step guide to requesting post finding adjustments.

02.08.24

Non-Delegated Conventional Loan Submission Form

Conventional Submission Form for eligibility review completed by PennyMac Loan Services, LLC.

02.08.24

Non-Delegated FHA Loan Submission Form

FHA Submission Form for eligibility review completed by PennyMac Loan Services, LLC.

02.08.24

Non-Delegated VA Loan Submission Form

VA Submission Form for eligibility review completed by PennyMac Loan Services, LLC.

02.08.24

Non-Delegated Jumbo Loan Submission Form

Jumbo Submission Form for eligibility review completed by PennyMac Loan Services, LLC.

02.08.24

VA Post Closing Documentation

This is a document that addresses the most common VA post closing conditions.

02.08.24

FHA Post Closing Documentation

This is a document that addresses the most common FHA post closing conditions.

12.02.22

Sample Temp Buydown Agreement

This is a Sample Temp Buydown Agreement.

02.27.24

Eligibility Review Change Request Form

Form to revise parameters of loans submitted for eligibility review completed by PennyMac Loan Services, LLC.

10.28.22

Non-Delegated Temporary Buydown Calculator

This calculator is for your use only to see how our temporary buydown options can lower your clients monthly payments.

08.15.03

How to speak to an Underwriter

Follow this guide to get your condition or decision question on a loan in process answered by an underwriter.

Non-Delegated Overlay Matrices

04.21.23

Non-Delegated Overlay Matrix – Agency

Summary of most Pennymac guideline overlays to Fannie Mae and Freddie Mac requirements, specific to Non-Delegated.

10.23.23

Non-Delegated Overlay Matrix – Government

Summary of most Pennymac guideline overlays to FHA and VA requirements, specific to Non-Delegated.

Non-Delegated User Guides

03.28.22

Ordering VA Appraisals Reference Guide

Guidance regarding how to order Non-Delegated VA appraisals.

02.09.24

Re-Delivering Loans for Purchase Guide

Expedite your Loan Purchase with Pennymac.

03.02.22

ARM Attribute Matrix

Overview of acceptable ARM loan programs and delivery expectations.

04.01.22

Adjustable Rate Mortgage Initial Interest Rate Adjustment Dates - Government

Pennymac's delivery deadlines and initial interest rate adjustment date requirements for all FHA and VA ARM Products.

10.17.22

AUS Process Enhancements for Non-Delegated

Best practices for Pennymac’s AUS Process Enhancements.

Non-Delegated Videos

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08.04.23

P3 Portal Upload Conditions

How to Upload Conditions to the P3 Portal.

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11.21.22

Non-Delegated Website

How to utilize a myriad of tools and resources within our Pennymac website.

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11.21.22

Non-Delegated VA Loans Best Practices

Best practice reminders for a successful VA Non-Delegated delivery.

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11.21.22

Non-Delegated Post-Closing Purchase Review

How to deliver your closed loan file for purchase.

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11.21.22

Non-Delegated FHA Loans Best Practices

Best practice reminders for a successful FHA Non-Delegated delivery.

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11.21.22

Non-Delegated AUS Program

How to interact with our AUS Program efficiently from submission to final approval and on.

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Non-Delegated Seller Guide

PennyMac Loan Services Non-Delegated
Seller Guide

This PennyMac Loan Services Non-Delegated Seller Guide ("Guide") contains PennyMac Loan Services' detailed requirements for selling Mortgage Loans with non-delegated underwriting to Pennymac pursuant to a Mortgage Loan Purchase Agreement (Non-Delegated Underwriting) ("Agreement"). This Guide is incorporated into the Agreement by reference and forms a critical and inseparable part of Seller's contract with Pennymac. Pennymac reserves the right to amend or supplement this Guide at any time in its sole discretion. In connection with the sale of Mortgage Loans to Pennymac, Seller agrees that each transaction with PennyMac Loan Services is governed by this Guide, the Agreement, and any related Purchase Commitment.