FAQs

What if my Pennymac AutoPay draft date falls on a Sunday or holiday?

If your scheduled AutoPay draft date falls on a Sunday or a holiday, we will process the transfer on the next business day.

However, your payment will still be credited to your mortgage with the original effective date, meaning it will not be considered late.

• Bank Processing: Please allow 2 to 3 business days for the withdrawal to actually appear on your bank statement.
• Payment Confirmation: Once the payment has fully posted, you can review the transaction details in the Loan Activity section of your Pennymac online account.