Guide to the PennyMac delivery and purchase process for Best Effort, Conforming commitments.
Guide to the PennyMac delivery and purchase process for Mandatory commitments.
Overview to the PennyMac delivery and purchase process for Bulk AOT commitments.
General Reference Guides
Overview of key contacts, addresses, fees, and delivery information for the PennyMac Delegated Correspondent Group.
Reference guide to Fannie Mae and Freddie Mac requirements on rental income and multiple financed properties.
List of zip codes that are currently being monitored. Properties located in these areas may require a disaster inspection.
Overview of enhancements to Freddie Mac’s LPA Feedback Certificate as part of the new URLA in Loan Product Advisor version 5.0.06.
Program and Delivery Guides
A product comparison between Fannie Mae HomeStyle and FHA 203(k) programs.
A product comparison between the Fannie Mae/Freddie Mac standard refinance, HomeReady/Home Possible, and RefiNow/Refi Possible programs.
A checklist of key RefiNow/Refi Possible pre-closing requirements as well as FAQs to assist clients in delivering the new RefiNow and Refi Possible loans to PennyMa...
Frequently asked questions & answers related to the revised QM (Qualified Mortgage) rule and its impacts on loans purchased by PennyMac.
Summary of most PennyMac guideline overlays to FHA, VA and USDA requirements.
Summary of most PennyMac guideline overlays to Fannie Mae and Freddie Mac requirements
PennyMac Correspondent Group eMortgage Guide
List of acceptable visas for non-permanent residents.
PennyMac's delivery deadlines and interest rate adjustment date requirements for Government ARM products.
Overview of acceptable ARM loan programs and delivery expectations.
Guide to assist clients in meeting PennyMac's purchase requirements. Provides PennyMac interpretation by ATR/QM points and fees topic.
FAQs intended to assist clients in meeting PennyMac's purchase requirements in regard to delivery of the loans with a temporary buy down.
This document is intended to assist clients in meeting purchase requirements in regard to delivery of the TILA-RESPA Integrated Disclosures.
This document is intended to assist clients in understanding and resolving conditions placed by PennyMac in regard to TRID requirements.