Non-QM Resources
Non-QM Product Profiles
08.03.26
Pennymac guidelines and information regarding Non-QM A+ products.
08.03.26
Pennymac guidelines and information regarding Non-QM A products.
08.03.26
Pennymac guidelines and information regarding Non-QM A- products.
08.24.26
Pennymac guidelines and information regarding Non-QM DSCR products.
Non-QM Forms
09.22.25
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
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
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
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
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
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
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
Completed form to be included when delivering the file for purchase to the Pennymac Correspondent Group.
06.22.26
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
Overview of key contacts, addresses, fees, and delivery information for the Pennymac Delegated Correspondent Group.
09.22.25
Frequently Asked Questions on the Non-QM product line. These will range from product, to credit evaluation, closing specifics, etc...
09.22.25
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 introducing Pennymac Correspondent's Non-QM Product Suite.
06.24.26
Step-by-step instructions for requesting a guideline exception for Non-QM loans in P3.
Non-QM Training Webinars
08.19.26
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
09.22.25
P3 Portal Webinar: Delivery of Closed Loan.
Watch video about P3 Portal Webinar: Delivery of Closed Loan
09.22.25
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.
DSCR Calculator
Use this calculator to determine a preliminary debt service coverage ratio (DSCR), using gross rental income and new PITIA information.