AUS Jumbo Guidelines for Agricultural Acreage, Credit Scoring Models, and Hazard Insurance Coverage

Applies to: AUS Jumbo loan applications submitted on or after the June 2026 effective date.

Addressed to

Pennymac correspondent sellersFrom the publisher, not quoted from the text

Investor

PennymacFrom the publisher, not quoted from the text

Programs

Jumbo

Affected areas

Credit score model; Eligibility

Affected documents

Credit report; hazard insurance policy

Effective

Applications dated on or after Jun 25, 2026

Applicability confidence

Verified: every row taken from the source text is supported by it; rows marked "from the publisher" are not quoted

Summary by AWACS. Pennymac Correspondent's guide is proprietary, so AWACS does not reproduce its text. Read the official announcement ↗ (opens in a new tab)

Each change applies when all the loan-impact conditions above are true.

What to review: Review the mandatory requirement to use Classic FICO credit scores for AUS Jumbo loan qualification and pricing effective June 25, 2026, followed by updated property insurance coverage standards and expanded 10-acre limits for agricultural land.

QC implications

• Sample AUS Jumbo loan originations with application dates on or after June 25, 2026, to verify Classic FICO credit scoring was used for qualification and pricing.
• Review eligible agricultural real estate files up to 10 acres to confirm compliance with remaining unchanged agricultural guidelines.
• Check property insurance policies to ensure coverage on one-to-two unit structures, individual units, and condo or PUD master policies adheres to Fannie Mae standards.