*Closing Date Guarantee: If you are purchasing a home and PennyMac does not close financing by the specified date in your purchase contract, we will credit up to $500 in closing costs when the loan is closed. This offer assumes the purchase contract closing date is at least 30 days for conventional loans or 45 days for FHA loans and that you submit a completed application to PennyMac within 5 days of signing your purchase contract. This Offer does not apply if applicable law or investor requirements impose a required waiting period prior to closing and that waiting period prohibits us from closing by your contract closing date. The Offer is void if the closing date is missed due to delays attributable to the customer, an unaffiliated 3rd party vendor or the seller. Offer not available for refinance loans, co-ops, unapproved condos, residences under construction and community lending programs.