PennyMac Short Sale

Faciliating a PennyMac short sale are not as common as working with some of the big name servicers such as Chase, Wellsfargo, Bank Of America, and Ocwen. PennyMac short sales can be initiated by faxing in the documents to the servicer or emailing them. PennyMac does not use equator to process their short sales as the use the traditional route. This mortgage servicer can be tough to work with depending ont he luck of the draw of the negotiator assigned. Just like with all lenders some representatives have a stronger line of communication than others. PennyMac can be strict with their valuations and leave little wiggle room in negotiations. It is important to have upper management and escalation contacts at your disposal to assist in pushing files get through when documents are being misplaced or when you find yourself in a tough position. PennyMac has their own short sale package and documents. While PennyMac short sales are not always the easiest their is light at the end of the tunnel.

For assistance or questions regarding any short sale in any phase, please fill out the form below and someone will contact you right away to answer any questions.