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      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      Terrible - Mortgage Loan Officer PENNYMAC Employee Review

      1.0
      Dec 11, 2018
      Mortgage loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      nice office location, decent size cubicles, company coffee

      Cons

      bad management, extremely micro managed, unrealistic goals, false promises, if your late 4 minutes, you get written up, but if you come in early or stay extra, no one acknowledges your efforts.

      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
      May 31, 2026
      Mortgage closer
      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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