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PENNYMAC

4.4

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Location details

3043 Townsgate Road, Westlake Village, CA, 91361, United States

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WeekdayScheduleStatus
Mon6:00 a.m. to 7:00 p.m.
Tue6:00 a.m. to 7:00 p.m.
Wed6:00 a.m. to 7:00 p.m.
Thu6:00 a.m. to 7:00 p.m.
Fri6:00 a.m. to 7:00 p.m.
Sat6:00 a.m. to 5:00 p.m.
SunClosed
4.448,794 reviews
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Aleksandra L.'s profile image
Aleksandra L. 
3 years ago

Perhaps, staff needs to receive some additional training. There were significant delays in communication, ignoring e-mails. Many requests to provide documents that were already uploaded to the portal. Miscommunication with the employer. Manager was not responding either, ignored requests for a call. I have to say that my previous experiences with PennyMac were much better, but this last transaction was really different in terms of the approach, communication and quality... 

Harold W.'s profile image
Harold W. 
3 years ago

I was told during the application process I would not need my 2021 tax returns to get through underwriting. After missing the first closing date because underwriting had not gone through I was told I did NEED my 2021 taxes filed. This was two days after tax day so I had to expedite filing with my CPA two days after the busiest day of his year. This would have all been very easy to avoid if the team at PennyMac knew what would be required to get through underwriting an FHA loan. I think this is a pretty easy area for the team... read more

JEFF L.'s profile image
JEFF L. 
3 years ago

Service was great from start to finish! 

Melissa R.'s profile image
Melissa R. 
3 years ago

Very friendly and professional. Maybe a bit more training would improve his outcomes 

Kristyn G.'s profile image
Kristyn G. 
3 years ago

This loan process was so drawn out. The fact that you use so may third party sources made the closing later than expected. Documents were requested multiple times after they were already filled out. I was given time frames of when things would be completed and they were consistently done at the far end of the estimate and twice after they were supposed to be done. I would not recommend or attempt to use PennyMac again 

George N.'s profile image
George N. 
3 years ago

if you would have returned my calls when I asked you and Gil to call me, instead you just kept E-mailing me that documents were still needed 

George F.'s profile image
George F. 
3 years ago

She was so helpful information about the situation and she was so sweet and took care of the job she was so wonderful about it 

TRISTAN J.'s profile image
TRISTAN J. 
3 years ago

This process of giving each borrower a team and then having a single point of contact in that team is extremely helpful. My team lead contacted me the same time once a week on our agreed time. They were also extremely respondent to any questions/concerns I had in the interim. I felt comfortable and in control through the entire process!!!! 

Sonya H B.'s profile image
Sonya H B. 
3 years ago

Direct communication with the same representative, instead of repeatedly explaining the situation to countless reps who were incapable of assisting us. We were given false information repeatedly until the DAY of closing. Closing documents were incorrect four times on the day of closing and we ended up giving up and signing an incorrect closing document just so that we could finish closing on that day. We were trapped and had no choice. This was truly a nightmare compared to the previous home we purchased. Highly do not recom... read more

Frequently asked questions about PENNYMAC

How is PENNYMAC rated?

PENNYMAC has a 4.4 star rating with 48,794 reviews. 

When is PENNYMAC open?

PENNYMAC is closed now. It will open tomorrow at 6:00 a.m.