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PENNYMAC

4.4

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Location details

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

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4.46,791 reviews
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John Taylor J.'s profile image
John Taylor J. 
5 years ago

PennyMac exceeded our expectations from beginning to end! The entire team was friendly, knowledgeable, organized, and very efficient! We closed quickly, and our refinancing process was a pleasant one. Thanks to all who helped make our loan process go smoothly and efficiently! 

KATY B.'s profile image
KATY B. 
5 years ago

Great customer service and fast processing times 

Susan M.'s profile image
Susan M. 
5 years ago

From first contact with loan officer to loan team to closing, this was a great experience. Jacob was there to help us any time we had a concern. Smoothest refi ever. 

CRISTINA S.'s profile image
CRISTINA S. 
5 years ago

Overall ok. I have done business with Penny Mac for a while so I have confidence in there service but this closing experience was below satisfactory. 

SEDA S.'s profile image
SEDA S. 
5 years ago

The agent Abdul was great this is about the process...However, my loan took over 85 days to close! I don’t who dropped the ball but the “pay off” was sent to the wrong place. ( this was 30-45 days into the process) so then they had to reissue the pay off to the correct place. Also, I am having to call places to get the pay off etc Isn’t that the processors job? Keep a long story short even if penny mac were to give me a 1 percent fixed for 30 years I wouldn’t ever do business with them again. 

Tykiesha M.'s profile image
Tykiesha M. 
5 years ago

Everything was on time and they kept me updated and informed on the progress of my loan. 

PATRICIA P.'s profile image
PATRICIA P. 
5 years ago

We thought everyone we talked to was extremely pleasant. We were very disappointed in the length of time it took to close the loan. I know a great number of people were refinancing at this time but I know of 3 people who were able to apply after we did and close well before we closed. While everyone we worked with was very nice the timeline of 3 1/2 months and the process was disappointing. We were very happy with the interest rate and actual closing process. 

Giovanni V.'s profile image
Giovanni V. 
5 years ago

Good experience overall just took longer than expected. 

Cheryl B.'s profile image
Cheryl B. 
5 years ago

Great experience and I most appreciate how responsive the team was during the refi process. Thank you! 

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.