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      PENNYMAC

      Engaged employer

      PENNYMAC reviews

      Great managers and interesting work - Senior Software Engineer PENNYMAC Employee Review

      4.0
      24 Jul 2025
      Senior software engineer
      Recommend
      CEO approval
      Business outlook

      Pros

      I really like my job at PennyMac. The work is challenging and the development culture is really great. I feel fully supported by my leaders and enjoy the people. Culture is good.

      Cons

      This company is obsessed with RTO. You have to fill out an online form to be able to WFH and they set the goal of in office of 85% of the time, meaning you can only WFH once every 2 weeks.

      avatar
      PENNYMAC Response
      10mo
      Thank you for taking the time to share your thoughts and provide feedback as it helps us to evaluate and improve our work environment for all employees. We appreciate your feedback and we want to invite you to reach out directly to our human resources team at employeerelations@pennymac.com to discuss the policy and how it is executed. We must ensure compliance with state employment laws, however, we want to ensure there is understanding and fairness regarding the daily procedures. Ultimately, we appreciate the opportunity to learn and grow, and we hope that we are addressing any concerns so we can improve the overall work experience for everyone.

      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
      2 Jun 2026
      Loan officer
      Recommend
      CEO approval
      Business outlook

      Pros

      Good team and good cafeteria

      Cons

      -micromanagement heaven -you want a promotion? Too bad a DEI hire from outside the company is going to take it instead -they love pulling the rug from under you with a new comp plan “to match industry standards”. -they treat their processors like they’re kids in a sweat shop so the processors have no incentive to care about your file (they give them peanuts as a quarterly bonus) -they have RCT spies to watch everything you do and snitch to your manager/ set your lunches / decide if your time is approved -they act like it’s the best place to work but it’s absolutely not

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