Working at PennyMac | Glassdoor.co.nz

PennyMac Overview

Westlake Village, CA (US)
1001 to 5000 employees
2008
Company - Public
Lending
$1 to $2 billion (NZD) per year
Competitors

Nationstar Mortgage, Caliber Funding, Quicken Loans

PennyMac (NMLS #35953) is a top national mortgage lender. We are committed to providing our customers with a range of innovative solutions to help them purchase, refinance or simply remain in their homes. Whether you are new to the home loan process or experienced buyers ... Read more

Mission: Since its founding in 2008, PennyMac has sought to restore Americans’ trust in home ownership by improving the quality and consistency of the mortgage lending experience.

PennyMac Reviews

  • "OK Entry Level not for long term"

    StarStarStarStarStar
    Current Employee - Mortgage Loan Processor in Tampa, FL (US)
    Current Employee - Mortgage Loan Processor in Tampa, FL (US)

    I have been working at PennyMac full-time

    Pros

    Nice Coworkers Everyone is fun and friendly

    Cons

    Promotions and raises are hard to come by

See All 345 Reviews

PennyMac Photos

PennyMac photo of: PennyMac Headquarters
PennyMac photo of: Lakeview Campus
PennyMac photo of: PennyPantry
PennyMac photo of: Penny Pantry
PennyMac photo of: headquarters
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PennyMac Interviews

Experience

Experience
62%
26%
12%

Getting an Interview

Getting an Interview
41%
19%
13%
13
6
4
4

Difficulty

2.5
Average

Difficulty

Hard
Average
Easy
  1.  

    Senior Underwriter Interview

    Anonymous Interview Candidate
    No Offer
    Neutral Experience
    Easy Interview

    Application

    I applied online. I interviewed at PennyMac.

    Interview

    Online application, two phone interviews, and one work document test open book. They will ask how much do you expect your compensation. The rate of pay that other lenders are paying is too high for them. They are not paying competitive pay.

    Interview Questions

    • They asked to describe my day to day and my skills. They asked how much was I expecting to get paid. They are not offering competitive pay to underwriters.   1 Answer
See All 59 Interviews

PennyMac Awards & Accolades

  • Top Military Friendly Employers, Military Friendly® Employer, 2017

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