PENNYMAC Reviews

3.0

46% would recommend to a friend

(1,561 total reviews)
avatar

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 Finance industry (3.7 stars).

Reviews by job title

2K reviews
5.0
24 Jun 2026

Friendly people

Recommend
CEO approval
Business outlook

Pros

Friendly vibe across multiple departments even when communicating with people from out of state. A lot of people here has worked over 10 years, that says a lot about a company. When people stays, especially in mortgage

Cons

Can't think of any. They treated me fairly.

avatar
PENNYMAC Response
1w
Reading your thoughts genuinely brings so much joy to our team. It is incredibly moving to hear that you felt that warm, friendly connection across so many different departments, even when collaborating across state lines. You touched on something we hold very close to our hearts, the fact that so many of our people choose to stay with Pennymac for over a decade truly speaks to the supportive family and stable community we are building here. Knowing that you felt treated with complete fairness throughout your years with us means everything to us. As a Supervisor, you were on the front lines of protecting that exact culture. Your leadership played a direct role in keeping our teams connected, supported, and motivated to grow together for the long haul. We are deeply grateful for the care, guidance, and dedication you poured into our Fort Worth team and our broader community. Thank you for being such a meaningful part of our story, and we sincerely wish you nothing but the absolute best in your next chapter!
4.0
22 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Good culture, overtime opportunities, training

Cons

Work life balance. Workload can be excessive

avatar
PENNYMAC Response
1w
Thank you so much for taking the time to share your experience with us. It is incredibly rewarding to hear that you felt supported by our culture, found deep value in our training programs, and appreciated the overtime opportunities available to the team. Building a collaborative, uplifting workplace atmosphere is so important to us, and we are incredibly glad that was a real part of your journey here in Tampa. We also hear you loud and clear on your feedback regarding work-life balance and the demands of an intensive workload. In our fast-paced industry, meeting high volume demands can certainly feel excessive and challenging at times. We take the well-being of our team members very seriously, and we are continuously evaluating our internal workflows to find the right balance—ensuring our staff feels supported and balanced while we maintain high standards of service for our clients. We are deeply grateful for the hard work and dedication you poured into your role as a Home Loan Specialist during your time with us. Thank you for being a meaningful part of our community, and we sincerely wish you nothing but the absolute best in your next chapter!
Viewing 1 - 3 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.