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Pennymac Raises Early 2027 Conforming Loan Limit to $850,000

Pennymac Raises Early 2027 Conforming Loan Limit to $850,000

by John G. Stevens | Sep 16, 2026 | Mortgage Information

Pennymac has raised its conventional loan limits to $850,000 for one-unit properties, becoming the latest major mortgage lender to move ahead of the Federal Housing Finance Agency’s official 2027 conforming loan limit announcement. The new limit is effective for...
PennyMac Unveils Special Mortgage Program for Team USA Olympic Athletes

PennyMac Unveils Special Mortgage Program for Team USA Olympic Athletes

by Phil Hall | Apr 21, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

PennyMac Financial Services Inc. (NYSE: PFSI) and PennyMac Mortgage Investment Trust (NYSE: PMT), the Official Mortgage Provider of Team USA and the 2028 Los Angeles Olympic and Paralympic Games, had unveiled the “Welcome Home: Athlete Mortgage Program,” an initiative...
PennyMac Correspondent Group to Launch Non-QM Products

PennyMac Correspondent Group to Launch Non-QM Products

by Phil Hall | Sep 3, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

The correspondent division of PennyMac Financial Services Inc. (NYSE: PFSI) is rolling out a new suite of non-qualified mortgage (non-QM) products on Sept. 22. According to the Westlake Village, California-based company, the new product types include Debt Service...

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