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Updated about 2 months ago on . Most recent reply

Cristal Ochoa's profile image
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Cristal Ochoa
  • Member since Mar 27, 2024
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Cristal Ochoa
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General Real Estate Investing

PennyMac Loan Transfer to LLC

Cristal Ochoa
Posted

Hi All,

I was wondering if anyone has had experience with transferring a PennyMac Loan from your name to an LLC. We talked to a lawyer and they said the lender should be able to provide documentation that "due on sale" is not applicable. However, no one at PennyMac was able to provide documentation nor were they able to confirm that our monthly payment would remain the same after transferring to the LLC.

Anyone have experience dealing with PennyMac specifically?

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