The country’s quickest growing wholesale loan provider.
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why PennyMac?
house value estimator
Perfect Price
Don t get stuck rates that are selling the eighths. Perfect price lets you tune that is fine right down to the .001% for the clients on fixed-rate loans.
- Tailor rates right down to the thousandth
- 3.088%, 2.874%, 2.124% you title it!
- Available on Mainstream and Govt. fixed-rate loans
Perfect Term
Having the ability to modify down seriously to the actual thirty days, you will be confident your borrowers are certain to get an ideal Term with their situation as you get yourself a advantage that is competitive.
- More freedom equals more solutions that are successful
- 146 months? 293 months?Р’ 312 months? Yes, yes and yes.
- Available on fixed-rate loans nationwide
Unmatched Service
You’ll want to get borrowers to your closing dining table quickly and we also make certain you do. A lender won t be found by you as committed, as constant and also as efficient once we are. Or person who supports you with top quality broker solution than PennyMac. We call it unmatched https://paydayloansindiana.org/ solution because we think it s the most effective on the market.
- Condition precision, clean approvals
- Individual solution means immediate access to our closing group as well as your Broker Operations Manager (BOM)
- Arrive at closing s ner with this constant and submission process that is easy. Don t need to deliver extraneous documents for conditions.
- No l king forward to cables at name don t have actually to back send documents to us and watch for us to examine
Web Escrows
With almost 2 million customers inside our servicing portfolio, then you come across many loans we solution. Together we could help refi customers by deducting the funds through the payoff regarding the present mortgage.
- Less money to shut!
- Available on refinances of PennyMac loans
- Escrow accounts are netted through the pay-off
- Amazing advantage of using the services of among the largest servicers in the market
Optimize
Offer your borrowers the very best MI pricing. Our effective best-x solution, OPTIMIZE, immediately provides the absolute most competitive MI pricing available, using the guesswork out from the MI selection procedure.
- Immediately provides the absolute most pricing that is competitive
- BPMI immediately provides price that is best within BPMI choices
- LPMI launches a search that is best-x all LPMI choices
PennyMac Broker Direct suite of items
- DU and LPA allowed
- Fixed price (standard & high stability)
- Versatile terms from 85 to 360 months
- FICO right down to 620 with AUS approval
- Appraisal waivers accepted
- As much as 97% LTV for first-time house purchasers (DU Only)
- HomeReadyР’В® system available
- Residence Possible® system available
- HomeOneв„ўВ system available
- Advance payment assistance permitted from federal government agencies
- Fixed price (standard & high stability)
- Flexible terms from 120 to 360 months
- No assessment necessary for FHA Streamline refinances
- FICO right down to 620 with AUS approval
- Loan balances as much as $1.5M with qualifying VA Guarantee
- Versatile terms from 120 to 360 months
- No optimum LTV and CLTV on VA IRRRLs
- VA IRRRL and cash-out refinances
- Buy deals
The energy to develop your organization.
Supported by among the top loan providers in the united states, PennyMac works to you and sets our ENERGY technology to exert effort to assist you to assist you to increase your business. Probably one of the most revolutionary broker portals around, ENERGY, having its easy-to-use pricing situation and intuitive pipeline, extended lock hours and real-time indexing, is just one more method we present a much-needed competitive advantage.
Terms are effective listen from genuine Broker Partners.
“we simply desired to touch base a inform you exactly how delighted we have been dealing with Pennymac and Team. That which we have actually with Pennymac is really what others don t. FANTASTIC communication”
AJ C. July 17, 2020
“Thank you to definitely you along with your group for the efforts and service that is great. You’re making us l k t g d in the front of your clients. It s much valued.”
John M. 11, 2020 april
“Many thanks a great deal! You all have been so excellent to utilize. Exceptional solution! Your procedure is apparently the most effective we have present in quite a few years!”
Michael M. 27, 2020 june
Why PennyMac?
During the last 12 years, if we ve discovered the one thing, it s that working smarter, maybe not harder, is key to growing our company and our servicing portfolio of almost 2 million loans. Because of this, we’ve get to be the nation s fastest-growing lender that is wholesale a dedication towards the broker channel this is certainly unrivaled. Willing to experience that commitment? Develop into a PennyMac broker partner.
As being a PennyMac broker partner you will get one thing you won t get from every other loan provider a Broker that is highly specialized Operations (BOM). An ally and technical home loan specialist, your dedicated BOM is the solitary point of contact from beginning to end. They re here for your needs and your debtor with persistence, precision, advocacy and effectiveness. Work using them as s n as and also you ll realise why they re called the BOM.
Working for you thrive is exactly what we do well by
Being 100% consistent, a business that is genuine, being clear, and also by being focused on industry also to the broker community.
Proclaiming to offer you our monthly ENERGY the Business Webinar Series to teach you in the marketplace landscape which help you remain on top of industry styles.
Supporting you using the most useful t ls and technology, business plans, practice sharing that is best, therefore the many committed consumer solution group on the market.
