Skip to contentSkip to footer
      employer cover photo
      employer logo
      employer logo

      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

      3.0

      44% would recommend to a friend

      (1,560 total reviews)
      avatar

      David Spector

      51% 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 1,560 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).

      Reviews by job title

      2K reviews
      5.0
      Nov 16, 2017

      PennyMac is an amazing place to work!

      Manager
      Recommend
      CEO approval
      Business Outlook

      Pros

      There are so many benefits and opportunities for growth. It is also a pleasant place to work because the environment is conducive to everything we are assigned to do.

      Cons

      There are no cons that I can think of.

      5.0
      Nov 15, 2017

      PennyMac is an Amazing place to work!

      Vice president
      Recommend
      CEO approval
      Business Outlook

      Pros

      The work place is very positive and extremely supportive . The site feels like a huge family working together to assist our customers.

      Cons

      To ensure the best Customer Service we do work a couple holidays like President's Day and Veterans Day but are off on the major holidays.

      1.0
      Nov 14, 2017

      beware of the positive reviews

      Underwriter
      Recommend
      CEO approval
      Business Outlook

      Pros

      pay checks clear on time

      Cons

      Do not believe any of the positive reviews as management has been encouraged to add positive reviews. This is NOT a good place to work. No Raises but they still do annual review just to tear down employees. Bonuses are promised but stolen away per company policy. Overtime is demanded on the same day as you are expected to work it. No advancement unless former Countrywide or Bank of America crony. Benefits too expensive and just average.

      Viewing 1375 - 1377 of 1,560 Reviews
      Related searches: PENNYMAC jobs | PENNYMAC salaries | PENNYMAC benefits | PENNYMAC interviews
      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.