Non-QM Resources

Non-QM Product Profiles

08.03.26

Non-QM A+ Product Profile

Pennymac guidelines and information regarding Non-QM A+ products.

08.03.26

Non-QM A Product Profile

Pennymac guidelines and information regarding Non-QM A products.

08.03.26

Non-QM A- Product Profile

Pennymac guidelines and information regarding Non-QM A- products.

08.24.26

Non-QM DSCR Product Profile

Pennymac guidelines and information regarding Non-QM DSCR products.

Non-QM Forms

09.22.25

Non-QM Business Purpose & Occupancy Affidavit Form

To be included when delivering the file for purchase to Pennymac Correspondent Group if the loan proceeds are used for a business purpose.

09.22.25

Non-QM Consent of Spouse Form

To be included when delivering the file for purchase to Pennymac Correspondent Group if a married borrower is providing a personal guaranty alone in a community property state.

09.22.25

Non-QM Occupancy Certification Form

To be included when delivering the file for purchase to Pennymac Correspondent Group confirming the borrower's intended use of a property.

09.22.25

Non-QM Personal Guaranty Agreement Form

To be included when delivering the file for purchase to Pennymac Correspondent Group if a borrower is providing a personal guaranty for the borrowing business entity.

09.22.25

Non-QM Self Employed Business Narrative Form

To be included when delivering the file for purchase to Pennymac Correspondent Group for each self-employed borrower's income and business finances being used on the transaction.

09.22.25

Non-QM Condominium Project Warranty Certification

To be included when delivering the file for purchase to Pennymac Correspondent Group, when the subject property is a condominium, certifying the condominium project meets all program eligibility requirements.

02.17.26

Non-QM Condominium Project Questionnaire-Full Review

Completed form to be included when delivering the file for purchase to Pennymac Correspondent Group when the subject property is a condominium.

10.22.25

Non-QM Submission Form

Completed form to be included when delivering the file for purchase to the Pennymac Correspondent Group.

06.22.26

Non-QM Finance Real Estate Owned (REO) LOE

To be included when delivering a file for purchase to Pennymac Correspondent Group to disclose the borrower's total financed real estate owned.

Non-QM Reference Guides

10.31.25

Delegated Quick Reference Guide

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

09.22.25

Non-QM FAQ's

Frequently Asked Questions on the Non-QM product line. These will range from product, to credit evaluation, closing specifics, etc...

09.22.25

Non-QM Credit Grade Comparison

Product Comparison of the Non-QM Credit Grades. High level view of the A+, A, and A- minus programs to cite similarities and differences.

09.22.25

Seller Overview for Pennymac Non Qualified Mortgages

Seller Overview introducing Pennymac Correspondent's Non-QM Product Suite.

06.24.26

Non-QM Exception Process

Step-by-step instructions for requesting a guideline exception for Non-QM loans in P3.

Non-QM Training Webinars

Non-QM Alternative Doc Program Overview

08.27.26

Non-QM Alternative Doc Program Overview

Join our live Non-QM Deep Dive on September 1st where we will break down Pennymac's complete Alt-Doc lineup created to help you close complex, non-Agency files faster.

Register for Non-QM Alternative Doc Program Overview

Pennymac Bank Statement Playbook

08.25.26

Pennymac Bank Statement Playbook

Traditional income documentation often limits the amount self-employed borrowers qualify for. Watch our webinar to learn how to qualify your self-employed borrowers using their business’ true cash flow with our Bank Statement program.

Watch video about Pennymac Bank Statement Playbook

Your Non-QM Playbook

08.20.26

Your Non-QM Playbook

Watch our webinar to learn more about Pennymac's Non-QM Product Suite. Discover innovative loan solutions that can help you meet your borrowers’ diverse needs and close more loans.

Watch video about Your Non-QM Playbook

Unlocking Investor Opportunity with DSCR Loans

08.19.26

Unlocking Investor Opportunity with DSCR Loans

Designed for investors, our DSCR Solutions help your clients grow their real estate portfolios using the subject property’s cash flow, completely bypassing the hassle of traditional income documentation. Watch our webinar to learn more.

Watch video about Unlocking Investor Opportunity with DSCR Loans

Non-Warrantable Condo Playbook

08.19.26

Non-Warrantable Condo Playbook

Join our live webinar for a deep dive into Non-Warrantable Condos. We will break down the ins and outs of non-warrantable condos and show you how Pennymac’s Non-QM products can turn those “problem” files into closed loans.

Watch video about Non-Warrantable Condo Playbook

P3 Portal Webinar: Delivery of Closed Loan

09.22.25

P3 Portal Webinar: Delivery of Closed Loan

P3 Portal Webinar: Delivery of Closed Loan.

Watch video about P3 Portal Webinar: Delivery of Closed Loan

P3 Portal Webinar: Uploading Documents and Conditions

09.22.25

P3 Portal Webinar: Uploading Documents and Conditions

P3 Portal Webinar: Uploading Documents and Conditions.

Watch video about P3 Portal Webinar: Uploading Documents and Conditions

Non-QM Help Links

Underwriting Help Desk

Seller resources staffed by Pennymac Non-QM Credit Experts. Use this desk to ask scenario questions or request bank statement income analysis.

Questions & Scenarios
Bank Statement Analysis Speed up your Bank Statement Analysis request by including a completed Self-Employed Business Narrative

DSCR Calculator

Use this calculator to determine a preliminary debt service coverage ratio (DSCR), using gross rental income and new PITIA information.