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PENNYMAC

4.4

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2201 West Plano Parkway, Ste. 150, 300, Plano, TX, 75075, United States

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4.46,791 reviews
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Lori M.'s profile image
Lori M. 
4 years ago

Was asking for a market rate adjustment and instead, a complete refinance took place. Information was requested I was originally told wasn’t needed, processing info took so long the info was requested 3 more times, each time what was being requested changed and old information had to be updated. No one seemed able to go outside the written script and check what was happening. Imagine my surprise when I received a new deed to the house and learned my old mortgage was paid. This should have been a simple market rate adjustment... read more

Theresa M.'s profile image
Theresa M. 
4 years ago

Thank you so much 

Michael S.'s profile image
Michael S. 
4 years ago

I had a great experience! Thank you for all your help. 

JAMIE P.'s profile image
JAMIE P. 
4 years ago

Nathaniel was very communicative with me. He made sure to check in with me a least once a week and give me an update on the loan process. 

Victor O.'s profile image
Victor O. 
4 years ago

The refinance with PennyMac this time around was a bit stressful due to a combination of factors including requesting documents over again even after it had been sent etc. Other than that, every other thing went well 

Zachary B.'s profile image
Zachary B. 
4 years ago

Super quick and easy process. Completed 3 weeks ahead of deadline. So glad this is my mortgage company! 

Douglas S.'s profile image
Douglas S. 
4 years ago

The lack of communication from the "Team Members" was not what we had expected. There was not clear and direct messaging from PennyMac after the initial call to set up refinance. It would have been nice to have had one team member handling the entire process. Many times it was not easy to reach an individual to get questions answered. Documents that were sent were not uploaded timely and therefore were requested again. We went with PennyMac because our loan was already with PennyMac and we assumed it would be an easy pr... read more

Carol S.'s profile image
Carol S. 
4 years ago

Jacob was Great, The website; however, was not user friendly. 

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John O. 
4 years ago

So many things to share. First while my experience was beyond terrible, I don't blame Sandrea for the entire experience. Clearly her manager and the company's process and procedures need to be fixed. I wish I had never refinanced with PennyMac. The experience, was stressful and it literally raised my blood pressure. This survey is also a terrible survey. Who ever designed it knows nothing about the basics of survey design, the use of the Likert scale and the use of Net Promoter Scores. Yet another example of how out of... read more

Frequently asked questions about PENNYMAC

How is PENNYMAC rated?

PENNYMAC has a 4.4 star rating with 6,791 reviews. 

When is PENNYMAC open?

PENNYMAC is permanently closed.