PENNYMAC reviews

3.0

45% would recommend to a friend

(1,557 total reviews)
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David Spector

51% approve of CEO

46% positive business outlook

PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,557 company reviews on Glassdoor which indicates that most employees have an average 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
2.0
Jul 16, 2025
Recommend
CEO approval
Business Outlook

Pros

Good pay & bonuses Good benefits

Cons

Poor work/life balance Mandatory work on weekends

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PENNYMAC Response
10mo
We are working hard to build a work environment that encourages growth and promotes wellness (mental, health, and financial). Growing as a company does not always mean size, it also means growing our ability to provide meaningful benefits, engaging experiences, and impactful leadership. We are continuously evaluating ourselves to improve our impact on our employees, customers, and shareholders. Based on your feedback we missed the mark, if you are willing, please reach out directly to us at employeerelations@pennymac.com so that we can better understand your specific situation and incorporate our feedback into our improvement strategy.
3.0
Jul 15, 2025
Recommend
CEO approval
Business Outlook

Pros

Demonstrate Work Life Balance for employees

Cons

Structure is confusing and new Too many hires recently Training is months long Training consists of all different positions thrown together

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PENNYMAC Response
11mo
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.
5.0
Jul 15, 2025
Recommend
CEO approval
Business Outlook

Pros

Friendly co-workers, great benefits, lgbtq friendly, too many to name!

Cons

None that I can think of.

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PENNYMAC Response
11mo
We're delighted to hear that you enjoyed working with our team at Pennymac. We strive to create an environment that fosters growth, collaboration, and transparency. It's heartening to know that you felt you were trained well and enjoyed your work.
Viewing 61 - 63 of 1,557 Reviews

Glassdoor has 1,672 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.