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PENNYMAC
- Mortgage Lenders
- Westlake Village, CA
About this business
About Pennymac We love hearing from you! Let’s work together to ensure all online dialogue is respectful, constructive, and helpful. Please keep the following guidelines in mind when you engage with us on any of our active social media platforms. Please do not share confidential information: Public comments on social media can be seen and shared with anyone. We want to make sure to help you protect your confidential information, so please do not post account details, property address, telephone number or other personal info... read more
Location details
3043 Townsgate Road, Westlake Village, CA, 91361, United States
Get directions| Weekday | Schedule | Status |
|---|---|---|
| Mon | 6:00 a.m. to 7:00 p.m. | |
| Tue | 6:00 a.m. to 7:00 p.m. | |
| Wed | 6:00 a.m. to 7:00 p.m. | |
| Thu | 6:00 a.m. to 7:00 p.m. | |
| Fri | 6:00 a.m. to 7:00 p.m. | |
| Sat | 6:00 a.m. to 5:00 p.m. | |
| Sun | Closed |
We had to close twice with a notery because the figures were not right. At first we were told we did not need to put money down, then we were told we needed to pay $463.55 then for final closing we needed to pay $520.13, which we did. Very confusing as to why this happened. We started the refinancing in March and during the refinancing we received Payoff Demand Statements on March 18th, 27th, 29th, April 6 and 22.
The whole process went smoothly and each step was communicated in advance, and happened on time.
Both Molly and Laurie we’re knowledgeable, personable and reachable :)
Very easy!
I enjoyed working with Kami and Vartan, though I do feel that the working from home and coronavirus made some things more disjointed that they would normally be. I had to sign the closing documents 3 times in total, which wasn't great- they couldn't seem to get the numbers we discussed to translate to the paper, so that was a hassle. But overall they got it taken care of (I think) and they were nice about it.
The refi loan took 3 months to close. I understand that the pandemic affected the time frame. I also had multiple requests for the same documents. Closing timeframe was pushed out several times. However, all the people were great about it and very professional. I would have rated them Great if not for the hiccups!
I have refiance several times and it has never been a great experience
As closing time came near it was harder and harder to get replies from either Jason Staples or Karen flores. The day of closing the closing disclosure sent to the lawyer was very different from the one that I had digitally signed the week prior. I attempted to contact Jason and Karen both by email and phone. I got an email back from Jason simply saying he would have Karen call me. Unfortunately I did not receive a call back at all, but was finally able to talk to someone 3 days later.
It worked out fine for us as it was just a refinance to receive a lower interest rate. With over 60 days to close the loan (when we purchased the home our mortgage officer closed it in 15 days) I would not recommend PennyMac to someone purchasing a home as they would be at great risk of losing it.
Frequently asked questions about PENNYMAC
How is PENNYMAC rated?
PENNYMAC has a 4.4 star rating with 48,113 reviews.
When is PENNYMAC open?
PENNYMAC is closed now. It will open tomorrow at 6:00 a.m.