Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      Loan officer - Loan Officer PENNYMAC Employee Review

      1.0
      Jan 11, 2017
      Loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Very little if any. Employment is a pro while you look for another job. Air conditioning and running water. Restrooms and break rooms

      Cons

      Where do I start? The managers think they're God's gift. Sad truth is they are all yes men. Their rates are excessively high purposely to steer borrowers back into Fha products which benefit the company more than the borrowers. These guys are Countrywide 2 but nowhere near as good. Rampant violations of the law are common place and if the CFPB paid them a visit, they would be shut down. Corporate thugs that need a taste of their own medicine

      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

      See reviews by: Helpful|Rating|Date|All
      Related searches: PENNYMAC jobs | PENNYMAC salaries | PENNYMAC benefits | PENNYMAC interviews
      PENNYMAC reviewsPENNYMAC Loan Officer reviewsPENNYMAC review