FAQs

My loan is eligible for a recast, how can I send my lump sum principal payment of $10,000.00 or more?

You can send your lump sum principal payment one of two ways:

Wiring Instructions: Please be certain to reference your loan number on the wire.

Bank Name: JPM Chase
Account Name: PennyMac Loan Services, LLC
ABA #: 021000021
Bank Account #: 818073923
Information for Beneficiary (OBI): Attn RCSP [insert Pennymac loan number]

Certified Funds - (e.g. cashier’s check and money order)

Pennymac Loan Services, LLC
Attn: Cash Management RCSP
6101 Condor Drive
Moorpark, CA 93021