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

04.05.22

Fannie Mae / Freddie Mac Refinance Matrix

Product comparison featuring Fannie Mae and Freddie Mac’s standard refinance, HomeReady/Home Possible, and RefiNow.

03.28.22

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

List of acceptable visas for non-permanent residents.

03.28.22

Non-Delegated FAQ

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

05.25.22

Non-Delegated Program Flyer

ND Product Mix and Platform Highlights.

06.23.22

Non-Delegated Quick Reference Guide

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

05.23.22

Non-Delegated Jumbo

Jumbo Product Profile - Non-Delegated Only

Non-Delegated Forms

02.14.22

Eligibility Review Submission Form - Agency

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

02.22.22

Non-Delegated Jumbo Loan Submission Form

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

03.28.22

VA Post Closing Documentation

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

03.28.22

FHA Post Closing Documentation

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

03.28.22

Eligibility Review Change Request Form

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

Non-Delegated Overlay Matrices

06.23.22

Non-Delegated Overlay Matrix – Agency

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

05.31.22

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.

06.23.22

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.

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.