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      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      Big company pay, small company feel - Mortgage Loan Officer PENNYMAC Employee Review

      5.0
      Nov 8, 2025
      Mortgage loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Fair comp plan Leaders that care Great colleagues

      Cons

      Strict scheduling No longer allowing remote work

      avatar
      PENNYMAC Response
      6mo
      We would like to extend my sincere thanks for taking the time to share your thoughts and feedback about your experience with our company. We value all of our employees' feedback, and we appreciate your insights on the pros and cons of the company. We're delighted to hear that you enjoyed working with our team at Pennymac. We strive to create an environment that fosters growth, collaboration, and transparency. Your feedback will be taken into consideration and used as a means for improvement in the future. Thank you for your willingness to learn and grow with us. We appreciate your contribution to our team and wish you all the best in your future endeavors.

      Explore other reviews about PENNYMAC

      5.0
      Nov 18, 2025
      Administrative
      Recommend
      CEO approval
      Business Outlook

      Pros

      Amazing people and great culture

      Cons

      My drive to work is long but its is a great place to work so it is worth the drive.

      avatar
      PENNYMAC Response
      6mo
      Thank you for taking the time to share your thoughts on our company. We appreciate your honest feedback along with the pros and cons you mentioned. Our company values open communication, and we take your advice seriously. We will continue to listen to our employees' feedback and work towards improving our communication channels. Once again, thank you for your honest feedback, and we look forward to continuing to learn and grow with you.
      1.0
      Jun 2, 2026
      Loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good team and good cafeteria

      Cons

      -micromanagement heaven -you want a promotion? Too bad a DEI hire from outside the company is going to take it instead -they love pulling the rug from under you with a new comp plan “to match industry standards”. -they treat their processors like they’re kids in a sweat shop so the processors have no incentive to care about your file (they give them peanuts as a quarterly bonus) -they have RCT spies to watch everything you do and snitch to your manager/ set your lunches / decide if your time is approved -they act like it’s the best place to work but it’s absolutely not

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