Pros
Plenty of leads coming from a growing portfolio. It's easier to get refi apps when you already service the mortgage. Hourly base (approx. 30K/yr) + per loan bonus. Some flexibility for job start/end times. Multi-state footprint.
Cons
Processing is lacking, many aspects had to be handled by sales or it wouldn't get done. Slow turn times. Files closing is 60-90 days. Standard pricing not competitive. Special incentive pricing closer to where rest of the market is. Sales managers are do little to provide support when needed most. PennyMac doesn't operate as a sales-based organization, but rather focuses on processors and pays them very well. Loan Officer comp plan is constantly changing and they most incentive adjusters are negative. Your bonus is always at risk and subject to multiple hits with all the metrics sales must adhere to. Ditch the scripts and adopt a call check list.