PENNYMAC reviews

3.1

49% would recommend to a friend

(1,564 total reviews)
avatar

David Spector

56% approve of CEO

50% positive business outlook

PENNYMAC has an employee rating of 3.1 out of 5 stars, based on 1,564 company reviews on Glassdoor which indicates that most employees have a good working experience there. The PENNYMAC employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

2K reviews
5.0
Jul 13, 2026
Recommend
CEO approval
Business Outlook

Pros

Culture is welcoming Management is helpful and understanding

Cons

Long distance drive Non remote work

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PENNYMAC Response
1w
Thank you so much for sharing your experience with us! We are absolutely thrilled to hear that you’ve found our culture to be so welcoming and your management team to be helpful and supportive during your first year with us. We completely understand that a long daily commute can be a challenge, and we truly appreciate the dedication and effort you make to be a part of our Tampa team every day. Having team members like you who bring such a positive attitude is what makes our community so special. Thank you for your hard work as a Pipeline Account Manager, and we are so glad to have you with us on this journey!
5.0
Jul 10, 2026
Recommend
CEO approval
Business Outlook

Pros

Work environment, people, culture, money

Cons

Lack of remote opportunities and need more time off

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PENNYMAC Response
2w
Thank you for taking the time to write an honest review of your experience working at Pennymac. We are incredibly pleased to hear that your multi-year journey with us has been highlighted by a great work environment, strong team camaraderie, and rewarding income potential. We note your feedback regarding remote flexibility and time-off policies. Navigating our business operations requires a deliberate balance of corporate collaboration, regulatory compliance, and employee support. Pennymac remains firmly committed to maintaining a supportive operational framework for our teams, and our leadership continuously evaluates our workforce strategies to balance our business objectives with a sustainable structure for our daily operations. We highly value internal feedback as an essential component of our commitment to continuous improvement, and we appreciate our team members sharing their unique perspectives on our workplace environment. Thank you for your continued dedication and your valuable contributions to our Tampa team over the past five years. We look forward to supporting your ongoing success.
4.0
Jul 6, 2026
Recommend
CEO approval
Business Outlook

Pros

Great benefits. Good food at the offices. Strong leadership.

Cons

Management necessarily doesn't have your best interests in mind. Maybe an American corporate thing. Each dept may differ.

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PENNYMAC Response
2w
Thank you for taking the time to provide your feedback regarding your professional journey with us. We are very pleased to read that you are experiencing the benefits of our strong organizational leadership, our comprehensive total rewards packages, and our onsite office amenities. We note your comments regarding management dynamics and employee support. Pennymac is dedicated to cultivating an environment of trust, respect, and professional growth across all of our various departments. While organizational structures can vary by team function, our overarching corporate commitment remains focused on ensuring our leadership teams actively support the well-being and career success of our workforce. As part of our commitment to continuous improvement, we welcome constructive dialogue and encourage you to connect directly with our human resources team at employeerelations@pennymac.com if you would like to share specific suggestions regarding your department's workflows. Thank you for your continued dedication as a Sales Analyst, and we look forward to supporting your ongoing growth with our Westlake Village team.
Viewing 1 - 3 of 1,564 Reviews

Glassdoor has 1,681 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.