Pennymac Overview

  • www.pennymac.com
  • Westlake Village, CA
  • 5001 to 10000 Employees
  • 2008
  • Company - Public
  • Banking & Lending
  • $1 to $5 billion (USD)

Pennymac (NMLS #35953) is a top national mortgage lender with over 4 million lifetime customers. Whether you are new to the home loan process or an experienced buyer, Pennymac is dedicated to offering competitive rates and superior service. Being an online mortgage lender means ...
Mission: To build a foundation of homeownership by enabling our customers to achieve and sustain their aspirations of home.

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Pennymac Reviews

3.2
51%
Recommend to a Friend
60%
Approve of CEO
David Spector
David Spector
482 Ratings
Featured Review
5.0
Current Employee, less than 1 year

"Promoted in less than 6 months to 6 figure management position"

Feb 24, 2022 - Sales Manager in Nashville, TN
Recommends
Positive Outlook
Approves of CEO

Pros

Pennymac provides a Rewarding, Challenging,
Energetic, Caring, Honest place to grow as a loan office and monetize your skills and work ethic.

Cons

I don't say this lightly, but there isn't a downside to working at Pennymac. The chance to achieve is there. The opportunity to rapidly grow your career is there.

Advice to Management

The leadership team at Pennymac is very responsive and extremely dedicated to providing a friendly yet competitive environment. The culture at Pennymac is unmatched by any I've encountered in any
See All 1,125 Reviews

Diversity & Inclusion at Pennymac

3.7
(525 Reviews)

Diversity & Inclusion FAQs

All answers shown come directly from Pennymac Reviews and are not edited or altered.

How is diversity at Pennymac?

...Good benefits, 401k match, diversity and culture....Read More

Read 15 more responses

Pennymac Photos

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Pennymac Interviews

Experience
Positive60%
Negative16%
Neutral24%
Getting an Interview
Applied online50%
Employee Referral16%
Recruiter13%
Difficulty
2.6
Average
HardAverageEasy

  1. Featured Interview

    Analyst Interview

    Anonymous Employee in United States
    Accepted Offer
    Positive Experience
    Easy Interview

    Interview

    It was a quick interview process that only had 3 short interviews. No technical questions and was more geared towards my previous experience. Would recommend studying up on the Mortgage Industry and be able to talk about it.
    Interview

    Q: Why are you applying to this company and position?

    Answer Question

See All 132 interviews

Pennymac Awards & Accolades

  • HW Tech 100HousingWire2022
  • Fannie Mae STAR Servicer AwardFannie Mae2022
  • Digital 100SimilarWeb2022
  • Best Places to Work in LABuilt In2022
  • Best Mortgage Lender for FHA LoansNerdwallet2022

Pledges & Certifications

  • Veteran Hiring Commitment

    Committed to helping America's military veterans find work

  • Pay Equality Pledge

    Committed to paying equitably for equal work & experience

  • Tech Hiring Commitment

    Helping to train, hire and promote more technology workers

  • Career Advancement Program

    Helping employees "upskill" into higher-paying positions

  • Social Responsibility Pledge

    Formal programs or foundation to give back to communities

  • Diversity Commitment

    Has programs that support a diverse and inclusive workforce

  • Pledge to Thrive

    Taking steps to prioritize employee well-being

  • First Job Programs

    Maintain entry-level hiring and career development programs to give people career starts

Popular Careers with Pennymac Job Seekers

JobsSalariesInterviews

Pennymac FAQ

(63 Questions)

All answers shown come directly from Pennymac Reviews and are not edited or altered.

See questions about:

What is paid time off like at Pennymac?

...It would be nice to have a bit more paid vacation offered for promoting a more balanced work...

December 30, 2020

Read more

See 28 more answers

People Also Ask about Pennymac

Employees rate Pennymac 3.2 out of 5 stars based on 1,125 anonymous reviews on Glassdoor.

To get a job at Pennymac, browse currently open positions and apply for a job near you. Once you get a positive response, make sure to find out about the interview process at Pennymac and prepare for tough questions.

Overall, 51% of employees would recommend working at Pennymac to a friend. This is based on 1,038 anonymously submitted reviews on Glassdoor.

61% of job seekers rate their interview experience at Pennymac as positive. Candidates give an average difficulty score of 2.6 out of 5 (where 5 is the highest level of difficulty) for their job interview at Pennymac.

39% of employees think that Pennymac has a positive business outlook. This is based on anonymous employee reviews submitted on Glassdoor.

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