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      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      3.0

      46% would recommend to a friend

      (1,564 total reviews)
      avatar

      David Spector

      52% approve of CEO

      46% positive business outlook

      Ratings by demographic groups

      PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,564 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
      5.0
      Dec 17, 2020

      Family Feel

      Home loan specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      At PennyMac you don't feel like a number but more like a family

      Cons

      Pay doesn't balance out with job description.

      5.0
      Dec 16, 2020

      Great company to work for

      Anonymous employee
      Recommend
      CEO approval
      Business Outlook

      Pros

      No micromanaging, flexible hours, overtime, remote working

      Cons

      No cons, maybe one too many zoom calls with subjects that can be addressed in email.

      1.0
      Dec 10, 2020

      No work/life balance

      Loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Nice compensation. If you hit the weekly goals, you can earn a very nice income.

      Cons

      Sales, sales, sales! There is no work life balance. Management expects overtime on a regular basis to meet sales goals. Working 50 hours a week will become the norm and if you don’t hit your goal for the week your manager may require you to come in the weekend. If you need to take time off for any reason at all, good luck! If you’re looking for a company where you feel valued as an employee and not just a cog in the machine, look elsewhere.

      Viewing 1138 - 1140 of 1,564 Reviews
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      ReviewsPENNYMAC reviews

      Glassdoor has 1,680 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.