FAQs
Where do I find Payoff wire or mail instructions?
We accept payoff funds via Wire Transfer, Title Check, Cashiers Check or Money Order. Personal checks are not accepted when paying off a loan. Loan payoff cannot be completed through the Pennymac website or automated phone system. When sending funds by wire transfer, to avoid fraud please use only the wiring instructions provided below. Emails and fax documents can be intercepted and altered resulting in false wiring instructions in order to send funds to a fraudulent account.
Wiring Instructions - Please be certain to reference your loan number on the wire.
Bank Name: JPM ChaseAccount Name: PennyMac Loan Services, LLC
ABA #: 021000021
Bank Account #: 818073923
Information for Beneficiary (OBI): Attn Payoff [insert Pennymac loan number]
Mailing Instructions - Please be certain to reference your loan number with your remittance.
Payoff funds sent by Title Check, Cashiers Check or Money Order should be sent overnight or by regular mail to:
PennyMac Loan Services, LLCAttention: Cash Management
6101 Condor Drive
Moorpark, CA 93021