Loan Associate applicants have rated the interview process at PENNYMAC with 3 out of 5 (where 5 is the highest level of difficulty) and assessed their interview experience as 100% positive. To compare, the company-average is 61.8% positive. This is according to Glassdoor user ratings.
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It was a 3 time interview process. The first interview was a preliminary interview after taking an exam to see if you're a fit. They explain the details of the position and development program and you ask questions to decide if you think you may be a fit. The second interview is more about the qualifications that you have and seeing if you would be good for the positions. The last interview is with the higher level management and they assess if they believe that you would be a good fit as well.