PENNYMAC reviews

3.0

46% would recommend to a friend

(1,562 total reviews)
avatar

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 12, 2020
Recommend
CEO approval
Business Outlook

Pros

-exceptional leads, nice benefits (401K matching), awesome culture, leadership is pleasant yet directed (you'll clearly know what is need from you), exceptional training even post training class (your team will help you), and fair comp plan

Cons

The systems can a little bit of a struggle some days due to us moving toward a single-sign-on so currently juggling multiple systems can be challenging. But our tech is a better than most consumer direct and broker direct lenders smaller in size; and if it was it wasn't for the upper managements efforts to improve the tech, I would have rated PM 4 stars.

5.0
Aug 12, 2020

Exactly As Advertised.

Recommend
CEO approval
Business Outlook

Pros

Great Culture, High Integrity, Support when needed. Not micromanaged so long as you perform.

Cons

None as of Yet. Everything is as anticipated.

5.0
Aug 12, 2020
Recommend
CEO approval
Business Outlook

Pros

Pennymac cares about its employees! They provide the most up to date support to help you perform at your highest level and achieve maximum compensation. I’ve been in the business for 16 years and this is by far the best place I’ve worked.

Cons

If you’re not ready to work hard then this isn’t the place for you.

Viewing 1207 - 1209 of 1,562 Reviews

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.