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      PENNYMAC

      Engaged employer

      PENNYMAC reviews

      Reconsider - Anonymous employee PENNYMAC Employee Review

      1.0
      18 Feb 2015
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      My paycheck never bounced. Nice people to work with, who were sympathetic to the plight of employment at PennyMac.

      Cons

      Company has no regard whatsoever for people's personal lives. Overtime is abundant and mandatory. Raises are non-existent. It is a company policy that they do not provide merit raises of any kind.

      Explore other reviews about PENNYMAC

      5.0
      18 Nov 2025
      Administrative
      Recommend
      CEO approval
      Business outlook

      Pros

      Amazing people and great culture

      Cons

      My drive to work is long but its is a great place to work so it is worth the drive.

      avatar
      PENNYMAC Response
      6mo
      Thank you for taking the time to share your thoughts on our company. We appreciate your honest feedback along with the pros and cons you mentioned. Our company values open communication, and we take your advice seriously. We will continue to listen to our employees' feedback and work towards improving our communication channels. Once again, thank you for your honest feedback, and we look forward to continuing to learn and grow with you.
      1.0
      31 May 2026
      Mortgage closer
      Recommend
      CEO approval
      Business outlook

      Pros

      Snacks and you can wear jeans.

      Cons

      LOW PAY even if you have 20 years of experience and educated. Location. Commute. NO Hybrid options at all unless you came during a specific time period of the company or if you are a manager. If you are an African American be aware that you will be micromanaged more than anyone else. Benefits are expensive and unaffordable.

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