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      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      3.0

      45% would recommend to a friend

      (1,557 total reviews)
      avatar

      David Spector

      51% approve of CEO

      46% positive business outlook

      Ratings by category

      3.7

      Diversity & inclusion

      3.3

      Culture & values

      3.0

      Work/Life balance

      3.0

      Compensation and benefits

      3.0

      Career opportunities

      2.9

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      2K reviews
      2.0
      Jun 9, 2025

      Don’t do it

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great benefits and decent salary

      Cons

      Micro managing, terrible culture, liars

      avatar
      PENNYMAC Response
      1y
      Thank you for taking the time to share your thoughts and provide feedback as it helps us to evaluate and improve our work environment for all employees. We appreciate your feedback and we want to invite you to reach out directly to our human resources team at employeerelations@pennymac.com to discuss the policy and how it is executed. We must ensure compliance with state employment laws, however, we want to ensure there is understanding and fairness regarding the daily procedures. Please feel free to reach out to us directly at if you would like to provide more specific feedback or if you would like to connect with one of our human resources team members.
      3.0
      May 25, 2025

      Purchase and Refinancing

      Customer service representative
      Recommend
      CEO approval
      Business Outlook

      Pros

      Cool environment, hot beverages dispenser.

      Cons

      Lots of overtime unlimited overtime.

      avatar
      PENNYMAC Response
      1y
      Thank you for taking the time to provide your feedback on our company. We appreciate your honesty and will use your comments to improve our operations and address areas of concern.
      3.0
      May 23, 2025

      It’s alright

      Senior business analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      Good values, good people, good location

      Cons

      Pay inequity, inflexible work schedule and location, lack of career advancement

      avatar
      PENNYMAC Response
      1y
      Thank you for taking the time to share your thoughts about your experience working with our company. We appreciate all forms of feedback, whether it be positive or negative as it allows us to improve and continue providing valuable services to our employees and clients. We are glad to hear that you found the working environment to be beneficial for you. We take great pride in ensuring that our work environment is conducive to productivity and fosters a sense of community among our team members. We look forward to continuing to learn and grow with you.
      Viewing 67 - 69 of 1,557 Reviews
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      ReviewsPENNYMAC 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.