PENNYMAC reviews

3.0

46% would recommend to a friend

(1,561 total reviews)
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David Spector

52% approve of CEO

46% positive business outlook

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
Oct 23, 2017
Recommend
CEO approval
Business Outlook

Pros

PennyMac is a great place to work for and offers lots of growth opportunity! Management works closely with individuals to create and work towards a desired career path. There is lots of opportunity to cross train in other areas. They offer opportunity to do overtime and have great bonus structure. Management really cares about the employees. They have an open door communication and take feedback well.

Cons

Although it’s understandable because of work flow, at times, it is hard to take time off specially Mondays & Fridays. A suggestion would be to create a structured vacation request process to allow everyone an equal opportunity to request time off.

3.0
Oct 18, 2017

loan officer

Recommend
CEO approval
Business Outlook

Pros

incoming leads that were easy to turn into deals

Cons

too corporate for my liking, always looking at metrics only

1.0
Oct 17, 2017
Recommend
CEO approval
Business Outlook

Pros

Easy work however it is very repetitious. Flexible work hours and paid time off. I can’t really think of any other positives.

Cons

Low paying, weird culture, cheap and selfish management. Glorified sweatshop! Management will buy pizza for the floor to try to make it seem like they actually care for their employees.

Viewing 1381 - 1383 of 1,561 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.