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
4.0
May 6, 2025
Recommend
CEO approval
Business Outlook

Pros

The people I worked with were really great

Cons

Very low pay and I never saw the faces of some of my co-workers.

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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.
1.0
May 2, 2025
Recommend
CEO approval
Business Outlook

Pros

Mostly great co-workers and SOME great managers.

Cons

Overworked, underpaid, overlooked, no training at ALL, did I mention extremely underpaid. You had to train the managers that don't know anything about the process and they get paid more.

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PENNYMAC Response
1y
Thank you for taking the time to share your thoughts about your experience working at Pennymac. We understand feeling disappointed in your compensation package. We have been growing our total rewards package (tuition reimbursement, charitable and volunteer matching programs, wellness programs, and increased paid time off) to continue to increase the value we provide our employees in this very competitive environment. Please know that we take all feedback seriously and are committed to providing a positive working environment for all of our employees. We value your willingness to learn and hope that you will continue to apply the skills and knowledge acquired during your time at Pennymac in your future endeavors.
3.0
May 1, 2025
Recommend
CEO approval
Business Outlook

Pros

Provides a positive work environment.

Cons

Pay is low, no raises, no room for growth.

avatar
PENNYMAC Response
1y
Thank you for taking the time to share your thoughts about your experience working at Pennymac. We understand feeling disappointed in your compensation package. We have been growing our total rewards package (tuition reimbursement, charitable and volunteer matching programs, wellness programs, and increased paid time off) to continue to increase the value we provide our employees in this very competitive environment. Please know that we take all feedback seriously and are committed to providing a positive working environment for all of our employees. We value your willingness to learn and hope that you will continue to apply the skills and knowledge acquired during your time at Pennymac in your future endeavors.
Viewing 76 - 78 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.