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

07.09.21

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

List of acceptable visas for non-permanent residents.

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06.18.21

NonDel Standard vs RefiNow vs HomeReady Comparison Matrix

PennyMac’s RefiNow vs HomeReady vs Refi Possible vs Home Possible Matrix

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06.07.21

Non-Delegated FAQ

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

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07.27.21

Non-Delegated Program Flyer

Marketing Material for the PennyMac non-delegated program.

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10.15.21

Non-Delegated Quick Reference Guide

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

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Non-Delegated Forms

04.23.21

Eligibility Review Submission Form – Agency

Loan submission form for eligibility review completed by PennyMac Loan Services, LLC.

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08.08.16

Eligibility Review Change Request Form – Agency

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

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Non-Delegated Overlay Matrices

06.25.21

Non-Delegated Overlay Matrix – Agency

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

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10.07.21

Non-Delegated Overlay Matrix – Government

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

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Non-Delegated User Guides

11.30.18

Ordering VA Appraisals Reference Guide

Guidance regarding how to order Non-Delegated VA appraisals.

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05.13.21

Non-Del Conv Self-Employed Income COVID Information/Training

Fannie Mae and Freddie Mac announced additional Documentation and analysis requirements for self-employment qualifying income during COVID.

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04.01.21

Re-Delivering Loans for Purchase Guide

Expedite your Loan Purchase with PennyMac.

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Non-Delegated Videos

06.25.21

RefiNow with Kim Nichols

An overview of FannieMae's RefiNow program with Kim Nichols

Watch video about RefiNow with Kim Nichols

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.