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      PENNYMAC

      Engaged Employer

      PENNYMAC reviews

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      3.1

      49% would recommend to a friend

      (1,555 total reviews)
      avatar

      David Spector

      57% approve of CEO

      50% positive business outlook

      Ratings by category

      3.9

      Diversity & inclusion

      3.3

      Culture & values

      3.1

      Work/Life balance

      3.1

      Compensation and benefits

      3.0

      Senior management

      3.0

      Career opportunities

      PENNYMAC has an employee rating of 3.1 out of 5 stars, based on 1,555 company reviews on Glassdoor which indicates that most employees have a good 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 21, 2026

      recommend to work

      Senior developer
      Recommend
      CEO approval
      Business Outlook

      Pros

      A lot to learn; colleagues are nice

      Cons

      fast pace working environment; tight-timeline

      avatar
      PENNYMAC Response
      1mo
      We're delighted to hear that you enjoyed working with our team at Pennymac. We strive to create an environment that fosters growth, collaboration and transparency. It's heartening to know that you felt you were trained well and enjoyed your work. At Pennymac, we value all our employees and aim to provide them with growth opportunities. While we acknowledge the limitations that some roles may have, we're constantly striving to improve and enhance our employee development programs. Thank you for your willingness to learn and grow with us. We appreciate your contribution to our team.
      5.0
      Apr 11, 2019

      Loan Officer at PennyMac

      Loan officer
      Recommend
      CEO approval
      Business Outlook

      Pros

      Heavy amount of warm inbound leads every day that come straight from a very large portfolio of current customers. There are so many leads it's almost a problem trying to deal with them all. I have not made one cold call in my career here. Compensation is strong with most loan officers making well over 6 figures. Top guys can make $200k+/yr. They promote almost exclusively from within the company if you are looking for career advancement.

      Cons

      Call center environment with heavy focus on metrics. Systems are sluggish and the technology needs some love. Work/life balance can be tough sometimes with long hours.

      2.0
      Dec 6, 2017

      Beware of fake positive reviews

      Analyst
      Recommend
      CEO approval
      Business Outlook

      Pros

      As a current employee I am appalled but not surprised by the influx of positive reviews posted on here. It should raise a red flag to anyone considering joining this company that the majority of reviews posted before November 2017 are negative and somehow everyone started talking about how much they love this place in November. Huh either this is a HR tactic to purposefully raise the overall score or this is one hell of a coincidence.

      Cons

      Too many old folks should retire already yet they’re taking up spots and making it impossible for younger and more talented people to advance and make real contributions.

      Viewing 1 - 3 of 1,555 Reviews
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      ReviewsPENNYMAC reviews

      Glassdoor has 1,670 PENNYMAC reviews submitted anonymously by PENNYMAC employees. Read employee reviews and ratings on Glassdoor to decide if PENNYMAC is right for you.