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PENNYMAC

Engaged Employer

PENNYMAC Sr. Application Developer reviews

5.0

100% would recommend to a friend

(3 total reviews)
avatar

David Spector

100% approve of CEO

Ratings by category

5.0

Culture & values

5.0

Diversity & inclusion

5.0

Work/Life balance

5.0

Senior management

5.0

Career opportunities

4.0

Compensation and benefits

Ratings by demographic groups

Reviews by job title

3 reviews
5.0
Sep 17, 2025

great place to work at and grow

Sr. application developer
Recommend
CEO approval
Business Outlook

Pros

great work culture and great people to work with

Cons

none that I can think of

avatar
PENNYMAC Response
9mo
Thank you for taking the time to provide your honest feedback about your experience with our company. We are delighted to hear that you enjoyed working with us in your capacity and appreciated the friendly work surroundings. Indeed, we believe that a positive work/life culture is a crucial aspect of any successful business, and we are glad that you recognized our efforts in this regard. Thank you for being a part of our team, and we look forward to continuing our positive working relationship with you.
3.0
Mar 10, 2022

Pretty good or kinda lame depending on department

Senior applications developer
Recommend
CEO approval
Business Outlook

Pros

If you are not working on the production side of things, you will enjoy good work life balance. I actually really enjoyed the first three years at PennyMac in the office before they closed down two other offices and crammed everyone in. WLB was great, and I didn't mind the lower salary because of that. Once I switched to production, WLB was not always great, and we were often asked to work weekends and work past 5. Mind-numbing multi-hour meetings were also the norm. Final Assessment: If you're early on in your programming career, this is a good place to build some experience and then bounce. If you're later in your career, it's a good place to coast until you retire.

Cons

- Will not allow fully remote workers - Less than market rate salary. As a senior, you can expect to make 40k less than the current average - Kind of a boring industry to be in, and it's often difficult to bridge the gap of understanding between the "business people" and the programmers unless you already have knowledge of this industry - Working on production = working on the weekends, a million slack channels with people fighting fires, 1+ hour long zoom calls. - Periodic layoffs - Every month you have to do these boring compliance training courses that take at least an hour and have jack squat to do with your job

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PENNYMAC reviewsPENNYMAC Sr. Application Developer reviews

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