Pennymac Bolsters Broker Channel, Launches Non-QM Product Suite
Pennymac Financial Services launched a new suite of Non-QM products exclusively for its third-party origination (TPO) channel. This strategic expansion directly equips mortgage professionals with more flexible solutions to serve borrowers whose financial profiles fall outside traditional underwriting guidelines. The move addresses a significant market need, enabling loan officers to broaden their addressable market and close more loans.
Pennymac Financial Services launched a new suite of Non-QM products exclusively for its third-party origination (TPO) channel. This strategic expansion directly equips mortgage professionals with more flexible solutions to serve borrowers whose financial profiles fall outside traditional underwriting guidelines. The move addresses a significant market need, enabling loan officers to broaden their addressable market and close more loans.
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