I applied through an employee referral. I interviewed at PENNYMAC in May 2026
Interview
Interview process consisted of approximately four rounds and took about a month from start to finish. The final round was conducted in person at the office and included an Excel assessment earlier in the process.
The interviewers were professional, knowledgeable, and pleasant to speak with. My only criticism is the length of the process relative to the communication afterward. After investing significant time in multiple interview rounds and assessments, I would have appreciated a final update or rejection decision. Overall, they were a friendly team, but the candidate communication could be improved.
Interview questions [1]
Question 1
How fast am I going on a bike if I rode 5 miles in 20 min?
The process was pretty easy. A couple rounds and you meet the whole team. They might bring you in person if you live near by. Not too technical as long as you know the basics of the mortgage industry.
Interview questions [1]
Question 1
They asked me about my experience and what I knew about the mortgage industry.
1 interview, very simple questions. Try to have a decent understanding of how a mortgage works and the Agile SDLC and you should be good to go. Depending on interviewer this can be broader/deeper.
Interview questions [1]
Question 1
Explain the mortgage process to the full extent of your knowledge