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
1.0
Aug 8, 2017

Be Warned!

Recommend
CEO approval
Business Outlook

Pros

Leads are plentiful, coworkers were great

Cons

Awful management! Micromanage to the max. They go out of their way to lower your commission income. Truly, one of the worst companies I have ever worked for.

4.0
Aug 4, 2017

Loan Officer

Recommend
CEO approval
Business Outlook

Pros

As a loan servicer, Pennymac provides Loan Officers with plenty of leads and system access to easily be successful. Managers are very helpful as well as peers.

Cons

Schedule adherence is very strict. Very little time off is available. Managers often request "Mandatory OT" or to come in during weekends and holidays.

1.0
Aug 4, 2017
Recommend
CEO approval
Business Outlook

Pros

Daily specials at the cafeteria. Opportunity to grow if you can make it the full year... Remember... its a call center...

Cons

They have a watch tower in the middle of the call center to monitor everyone and make sure everyone is taking calls and at your desk. If you are off a phone call for more than 6 minutes, the tower will radio a supervisor to check up on you.Relationships carry more weight than performance.

Viewing 1408 - 1410 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.