Good starting job, doesn’t propel employees enough. - Home Loan Specialist II PENNYMAC Employee Review

3.0
Mar 13, 2026
Recommend
CEO approval
Business Outlook

Pros

Good starting pay for entry level job. Great people, good management. Flexible hours. Don’t need mortgage experience to start, they’ll teach you.

Cons

Very little advancement even for high quality work.

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PENNYMAC Response
2mo
Thank you for taking the time to provide your honest feedback about your experience with our 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. It's heartening to know that you felt you were trained well and enjoyed your work. We understand the concerns you expressed regarding promotional opportunities. At Pennymac, we value all our employees and aim to provide them with growth opportunities. While we acknowledge the limitations that some roles may have, we're constantly striving to improve and enhance our employee development programs. Thank you for your willingness to learn and grow with us. We appreciate your contribution to our team and we hope for a chance to improve your experience in the future.

Explore other reviews about PENNYMAC

5.0
Nov 18, 2025
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.

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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
May 31, 2026
Recommend
CEO approval
Business Outlook

Pros

Snacks and you can wear jeans.

Cons

LOW PAY even if you have 20 years of experience and educated. Location. Commute. NO Hybrid options at all unless you came during a specific time period of the company or if you are a manager. If you are an African American be aware that you will be micromanaged more than anyone else. Benefits are expensive and unaffordable.

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