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      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      3.0

      46% would recommend to a friend

      (1,560 total reviews)
      avatar

      David Spector

      52% approve of CEO

      46% positive business outlook

      Ratings by category

      3.7

      Diversity & inclusion

      3.2

      Culture & values

      3.0

      Compensation and benefits

      3.0

      Career opportunities

      2.9

      Work/Life balance

      2.9

      Senior management

      PENNYMAC has an employee rating of 3.0 out of 5 stars, based on 1,560 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
      1.0
      Apr 17, 2019

      If I could give half star...I would

      Home loan specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      work schedule flexible when needed, they offer free coffee and tea

      Cons

      no raises, unprofessional management, unorganized organization from management to training to HR. only way to advance is if you have history with upper management (good old boy network), certainly not by qualifications nor merit

      2.0
      Apr 13, 2019

      Where to start...

      Loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Hard to say... you'll make 6 figures... really the only pro, if you aren't making that much already.

      Cons

      Micro managed, horrible work culture, outdated systems, poorly trained customer service staff, everyone is unhappy. They slam you with horrible leads, increase margins, and expect you hit high levels of conversion. If you don't, you're written up or canned. Every day it's like there is one new responsibility added to the LOs plate. It's a joke. This company can be so much more, but upper managment is too egotistic and don't value the feedback from their frontline emloyees. No HMO, ok PPO, very little time off/accrual.

      Viewing 1285 - 1287 of 1,560 Reviews
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      ReviewsPENNYMAC reviews

      Glassdoor has 1,675 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.