Delegated Announcements

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12.05.25

25-127: Updates to Jumbo & Non-QM LLPAs

Pennymac will update Jumbo LLPAs and Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Wednesday, December 10, 2025 as foll...

12.04.25

25-126: VA Cash-Out Refinance Maximum LTV/CLTV Update

Effective with loan deliveries on and after December 05, 2025, the following maximum LTV/CLTV requirements apply to VA cash-out refinance transacti...

12.01.25

25-125: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, December 2, 2025 as follows:

12.01.25

25-124: Non-QM Program Updates and Clarifications

Pennymac is updating guidance and has clarified existing guidance for our Non-QM program, effective with new applications dated on or after Decembe...

11.28.25

25-123: Updates to Government LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Monday, December 1, 2025 as follows:

11.25.25

25-122: GSE Loan Limit Increase for 2026

Effective November 26, 2025, Pennymac is aligning with the conforming loan limit increase values for standard and high-cost loans, as announced by ...

11.21.25

25-121: Hours of Operation for Thanksgiving Day Holiday 2025

Please note the hours of operation for Best Efforts, Bulk and Bulk-AOT Commitment Options:

11.17.25

25-120: Updates to Jumbo LLPAs

Pennymac will update Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, November 18, 2025 as follows:

11.14.25

25-119: Fannie Mae Minimum Credit Score Updates

Fannie Mae has announced multiple changes regarding minimum credit score requirements, as well as other policy changes regarding single-close const...

11.12.25

25-118: Updates to Conventional and Jumbo LLPAs

Pennymac will update Conventional and Jumbo LLPAs effective for all Best Efforts Commitments taken on or after Thursday, November 13, 2025 as follows:

11.06.25

25-117: Updates to Non-QM LLPAs

Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Friday, November 7, 2025 as follows:

11.04.25

25-116: USDA Updates to Single Family Housing Guaranteed ...

Effective November 4, 2025, USDA is adjusting the maximum PITI ratio for the Single-Family Housing Guaranteed Loan Program (SFHGLP) from 34% to 29%.

11.04.25

25-115: Hours of Operation for Veterans Day Holiday

Please note the hours of operation for Best Efforts, Bulk and Bulk AOT Commitment Options:

11.03.25

25-114: Updates to Non-QM LLPAs

Pennymac will update Non-QM LLPAs effective for all Best Efforts Commitments taken on or after Tuesday, November 4, 2025 as follows:

10.30.25

25-113: Update: Guidance Related to the Federal Governmen...

In Announcement 25-100, Pennymac provided temporary guidance on policies that may be impacted by the federal government shutdown that began October...