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

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
4.0
Oct 9, 2017

Pretty good for a financial institution

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Work-life balance is really good for me. Pay is decent enough.

Cons

Technology solutions are a bit dated and designed around being a start up.

4.0
Oct 6, 2017
Recommend
CEO approval
Business Outlook

Pros

Great culture that has been built largely organically. People work together well. Small enough that there are good communications between divisions, large enough to be very competitive in the market for company sustainability and profitability. It feels like a good place to plant roots and stay around a while.

Cons

Some of the benefits, like vacation, are back in the dark ages. Most companies start people with three weeks vacation. Promotions happen fast in some areas (Production) slow in other areas (Corporate Admin).

5.0
Oct 6, 2017
Recommend
CEO approval
Business Outlook

Pros

PennyMac has provided me with a lot of employment development training and opportunities. I have been able to develop and grow my career as much or as little as I would like to, based on my commitment and participation in the different training opportunities they offer. I am able to have nights, weekends, and holidays to spend with my friends and families.

Cons

The workload at times can be stressful. But, I have never had a job worth having that didn't require hard work.

Viewing 1387 - 1389 of 1,560 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.