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      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 category

      3.7

      Diversity & inclusion

      3.2

      Culture & values

      3.0

      Compensation and benefits

      2.9

      Work/Life balance

      2.9

      Career opportunities

      2.8

      Senior management

      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).

      Ratings by demographic groups

      Reviews by job title

      2K reviews
      5.0
      Apr 11, 2019

      PennyMac

      Loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      I have worked at other loan companies, and none compare to Pennymac. They have a great structure that allows for enormous success for all.

      Cons

      Some would say strict compliance is the only issue here. But that offers integrity with employees and customers

      5.0
      Apr 11, 2019

      Great people, great opportunities

      Specialist
      Recommend
      CEO approval
      Business Outlook

      Pros

      Great work-life balance, opportunities for advancement are given to those that work hard and show potential. Management is always looking for feedback to improve. Human resources has always been quick to help when needed.

      Cons

      No management training for new managers, associate level positions are excluded from mentoring and "empowerment" programs.

      5.0
      Apr 11, 2019

      Best Company I've Ever Worked For

      Senior loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      I've worked here for over 4 years as a loan officer and would never consider going anywhere else. I've been in this business for over 17 years, and this is easily my favorite place I've worked. We have a great pay plan, and the company is extremely compliant. Last year was a bit of a challenging year in the mortgage industry with rates going up between 1-1.5%. Management did an outstanding job of keeping our phones ringing and my income actually went up year over year in spite of the rate increases.

      Cons

      I honestly can't think of anything. Of course you're going to have bad days from time to time anywhere, but there are no overarching issues if you're someone that's willing to work hard and make a good living.

      Viewing 1483 - 1485 of 1,560 Reviews
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      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.