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PennyMac
5.0
based on 1 Review
About PennyMac
Founded in2008 (17 yrs old)
India Employee Count1-10
Global Employee Count5k-10k
HeadquartersWestlake Village, California, USA
Office Locations
--
Websiteir.pennymacfinancial.com
Primary Industry
Other Industries
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PennyMac is a leading national mortgage lender and servicer. Our goal is to provide customers with innovative mortgage solutions to make it easier for them to purchase, refinance, or simply remain in your home.
Since our founding in 2008 by a team of mortgage industry veterans, we've sought to restore Americans' trust in home ownership by improving the quality and consistency of the mortgage experience. We're a full-service lender with a breadth of loan options for everyone from first-time home buyers to those seeking jumbo, FHA, or VA loans.
PennyMac has also been a leading provider of help to underwater homeowners. We're a major participant in the Home Affordable Refinance Program (HARP), the government program created in 2009 to assist underwater homeowners in refinancing their mortgages. We also purchase loans from banks and other lenders, then use our industry expertise to help borrowers restructure their mortgages so they can stay in their homes.
Mission: At PennyMac, we realize the value of making the right choices. Our choices affect our company, our industry, and the lives of others. Our mission is to be a different kind of mortgage provider, with an unwavering focus on what’s important to our customers:
◦ Superior value with some of the lowest rates available
◦ Exceptional service, and
◦ A hassle-free experience
It’s a choice we stand by daily, and we achieve it by showing our core values of being
◦ Accountable
◦ Reliable and
◦ Ethical
in all we do.
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PennyMac Ratings
based on 1 reviews
Overall Rating
5.0/5
How AmbitionBox ratings work?
5
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4
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3
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Category Ratings
5.0
Company culture
5.0
Job security
5.0
Salary
5.0
Work-life balance
5.0
Work satisfaction
4.0
Skill development
4.0
Promotions
PennyMac is rated 5.0 out of 5 stars on AmbitionBox, based on 1 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
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PennyMac Reviews
Compare PennyMac with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 5.0/5 based on 1 reviews | 4.2/5 based on 3.1k reviews | 3.9/5 based on 4.8k reviews | 3.9/5 based on 1.1k reviews |
Highly Rated for | Work-life balance Salary Job security | Work-life balance Salary Job security | Job security Work-life balance Company culture | Work-life balance Company culture Job security |
Critically Rated for | No critically rated category | No critically rated category | Promotions | Promotions |
Primary Work Policy | - | Hybrid 81% employees reported | Hybrid 88% employees reported | Hybrid 93% employees reported |
Rating by Women Employees | - no rating available | 4.2 Good rated by 939 women | 3.8 Good rated by 1.6k women | 3.8 Good rated by 338 women |
Rating by Men Employees | - no rating available | 4.1 Good rated by 2k men | 4.0 Good rated by 3k men | 4.0 Good rated by 726 men |
Job security | 5.0 Excellent | 4.1 Good | 4.0 Good | 4.0 Good |
View more
PennyMac Salaries
PennyMac salaries have received with an average score of 5.0 out of 5 by 1 employees.
QA Engineer
(1 salaries)
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₹5.4 L/yr - ₹6.9 L/yr
Senior Program Manager
(1 salaries)
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₹96.9 L/yr - ₹1.1 Cr/yr
Senior Engineer
(1 salaries)
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₹66.5 L/yr - ₹73.5 L/yr
Indexing Associate
(1 salaries)
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₹2.3 L/yr - ₹2.9 L/yr
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PennyMac FAQs
When was PennyMac founded?
PennyMac was founded in 2008. The company has been operating for 17 years primarily in the Financial Services sector.
Where is the PennyMac headquarters located?
PennyMac is headquartered in Westlake Village, California.
How many employees does PennyMac have in India?
PennyMac currently has approximately 6 employees in India.
What are the pros of working in PennyMac?
Working at PennyMac offers several advantages that make it an appealing place for employees. The company is highly rated for company culture, job security and salary & benefits, based on reviews on AmbitionBox.
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