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      PENNYMAC

      Engaged employer

      PENNYMAC reviews

      Everyone's Experience is Different - Anonymous employee PENNYMAC Employee Review

      3.0
      23 Jul 2025
      Anonymous employee
      Recommend
      CEO approval
      Business outlook

      Pros

      Friendly work environment/atmosphere and people.

      Cons

      Career growth and compensation is severely lacking. Loyalty and tenure mean nothing. For a company that makes record profits year over year but cannot give their employees an annual increase of any kind is insulting.

      avatar
      PENNYMAC Response
      10mo
      Thank you for taking the time to share your thoughts about your experience working at Pennymac. We understand feeling disappointed in your compensation package. We have been growing our total rewards package (tuition reimbursement, charitable and volunteer matching programs, wellness programs, and increased paid time off) to continue to increase the value we provide our employees in this very competitive environment. Thank you for being a part of our journey to excellence.

      Explore other reviews about PENNYMAC

      5.0
      31 Aug 2025
      Analyst
      Recommend
      CEO approval
      Business outlook

      Pros

      good management fun environment room to excel

      Cons

      pay was very low for current market

      avatar
      PENNYMAC Response
      8mo
      Thank you for taking the time to provide your feedback on your experience. We appreciate your willingness to share your thoughts and concerns. We constantly review our compensation packages to ensure they remain competitive within the industry. However, we will take your feedback into consideration and evaluate any potential adjustments that may be necessary. Your feedback is valuable to us as we strive to create a positive and rewarding work environment for all our employees. If you have any further suggestions or concerns, please do not hesitate to reach out to us. Thank you once again for your feedback.
      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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