PENNYMAC reviews

3.0

46% would recommend to a friend

(1,562 total reviews)
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David Spector

52% approve of CEO

46% positive business outlook

PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,562 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
Aug 25, 2020
Recommend
CEO approval
Business Outlook

Pros

PennyMac has from day one of my employment been a great company to work for and I will tell you why. I have learned a lot just from being employeed here and have been able to also learn and grow my accomplishments thus far. I started as a Collector 1 and was able to show my previous supervisor experience through my work and they have watched me grow into a Supervisor here at Pennymac. The Core Values that they stand by really do show! It has been a great journey thus far and management has always been there for me and given me great opportunities. The Training program is great I learned a lot and the follow up routines they have in place as well! Pennymac would rather see you succeed then fail. I plan on staying with Pennymac I wouldnt want to go anywhere else now!

Cons

No cons from my experience here thus far!

4.0
Aug 25, 2020

Efforts Earns Rewards

Recommend
CEO approval
Business Outlook

Pros

The better production you have, the higher the pay you can earn. If you work hard, you will see the benefits. Also, management is very clear on what goals you need to achieve, but don't micromanage you. Ultimately, your results are up to you.

Cons

Only con is you need to be patient when questions arise. The loan counselor team is growing at a pretty rapid rate and there's only so many supervisors to go around. Make sure you use other resources if need be

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Glassdoor has 1,678 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.