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      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      3.0

      46% would recommend to a friend

      (1,561 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 1,561 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
      Apr 11, 2019

      Loan Officer at PennyMac

      Loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Heavy amount of warm inbound leads every day that come straight from a very large portfolio of current customers. There are so many leads it's almost a problem trying to deal with them all. I have not made one cold call in my career here. Compensation is strong with most loan officers making well over 6 figures. Top guys can make $200k+/yr. They promote almost exclusively from within the company if you are looking for career advancement.

      Cons

      Call center environment with heavy focus on metrics. Systems are sluggish and the technology needs some love. Work/life balance can be tough sometimes with long hours.

      5.0
      Apr 11, 2019

      PennyMac

      Loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      I have worked at other loan companies, and none compare to Pennymac. They have a great structure that allows for enormous success for all.

      Cons

      Some would say strict compliance is the only issue here. But that offers integrity with employees and customers

      Viewing 1288 - 1290 of 1,561 Reviews
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      ReviewsPENNYMAC reviews

      Glassdoor has 1,676 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.