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      PENNYMAC

      Engaged employer

      PENNYMAC reviews

      na - LSR II PENNYMAC Employee Review

      3.0
      Jan 4, 2024
      Lsr ii
      Recommend
      CEO approval
      Business outlook

      Pros

      work from home hybrid for now

      Cons

      no yearly rises and difficult to level up

      avatar
      PENNYMAC Response
      2y
      Thank you for taking the time to share your thoughts about your experience working with our company. We appreciate all forms of feedback, whether it be positive or negative as it allows us to improve and continue providing valuable services to our employees and clients. We are glad to hear that you found the working environment to be beneficial for you. We take great pride in ensuring that our work environment is conducive to productivity and fosters a sense of community among our team members. We are also happy to hear that you found working remotely to be a positive aspect of your experience with us. We understand that compensation is an important factor in any employment decision, and we appreciate your feedback regarding this matter. We strive to provide fair compensation to all of our employees, and we regularly review our compensation policies to ensure that we remain competitive in the market.

      Explore other reviews about PENNYMAC

      5.0
      Apr 28, 2026
      Sox analyst
      Recommend
      CEO approval
      Business outlook

      Pros

      Room to grow and take responsibilities

      Cons

      Direction from management and work culture.

      avatar
      PENNYMAC Response
      1mo
      Thank you for taking the time to provide your honest feedback about your experience with our company. We are delighted to hear that you enjoyed working with us in your capacity and appreciated the friendly work surroundings. Indeed, we believe that a positive work/life culture is a crucial aspect of any successful business, and we are glad that you recognized our efforts in this regard. We are always willing to learn from our employees' experiences and suggestions. Therefore, we will continue to monitor the working environment, listen carefully to feedback, and make any improvements necessary. Thank you for being a part of our team, and we look forward to continuing our positive working relationship with you.
      2.0
      Jun 17, 2026
      Home loan specialist ii
      Recommend
      CEO approval
      Business outlook

      Pros

      Training was always provided and you were never rushed to learn. Snacks were given on a daily basis. You had a Penny Pantry in the building that offered free coffee/Soda and a variety of food selections at a resonable price.

      Cons

      Low paying position at $22.00 an hour to start with no increases. The department couldnt find other Loan Specialist for the longest time and then increased the position to $27.oo an hour in an effort to attract more people. Four of the employees that were already there for a few years in the department were allowed to work remotely on Thursdays and Fridays, every new Employee had to work on site. Bonus was paid a month and a week after the quarter, so March's bonus was given to you on May 7! Human Resources lied and was extremely unprofessional, when challenged they offered no response or made up false information. My recommendation after being rehired and resigned, is to run in the opposite direction, and dont look back.

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