Horrible. I was so excited to work here and it all went away the moment I started. - Anonymous employee PENNYMAC Employee Review

1.0
Nov 13, 2014
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

None at all that I can say positive. Its horrible

Cons

There is no training at all. So much favoritism is ridiculous.. They will hire you, ignore you when u need help and quickly fire you. This company has poor morale and very high school atmosphere. Please rethink working here.

Explore other reviews about PENNYMAC

5.0
Aug 31, 2025
Recommend
CEO approval
Business Outlook

Pros

good management fun environment room to excel

Cons

pay was very low for current market

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PENNYMAC Response
8mo
Thank you for taking the time to provide your feedback on your experience. We appreciate your willingness to share your thoughts and concerns. We constantly review our compensation packages to ensure they remain competitive within the industry. However, we will take your feedback into consideration and evaluate any potential adjustments that may be necessary. Your feedback is valuable to us as we strive to create a positive and rewarding work environment for all our employees. If you have any further suggestions or concerns, please do not hesitate to reach out to us. Thank you once again for your feedback.
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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