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PENNYMAC
- Mortgage Lenders
- Plano, TX
About this business
Location details
2201 West Plano Parkway, Ste. 150, 300, Plano, TX, 75075, United States
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We had a good experience with our PennyMac team!
As a business owner it was the worst experience I have ever had. You asked for federal tax returns, balance sheets, profit & loss and kept asking for more of the same throughout the process at three or four different times, first for June, then July, then August, then September, this was just for Enova, here we go with my other company Holkem, more of the same. Then a mortgage statement for Wells Fargo for my home. Always a "URGENT: Request for Missing Documents". Then there's more,
Great service!
Everyone was great,and helpful and courteous. Thank you.
The process felt clearly delineated and I was able to get my questions answered promptly. The refinance went according to the timeline I was indicated as well. Overall this experience was positive and I would recommend Penny Mac as a lender.
Overall my my experience exceeded my expectations
Contact person needs to be better educated about finance. Asked me for information that I had already sent. Questioned our cash reserves when we had well over $600,000 in cash in our TDAmeritrade accounts. Need a path around contact person (gatekeeper) to other specialists they may be able to answer my question. When I finally was referred to the escrow department in a couple of minutes that person was able to resolve my issues and we immediately moved forward from that point.
Having people on the same team actually communicate with each other would have made this a million times better. No one was on the same page and paid attention to the notes and requests documented by other people within Penny Mac. Makes it very hard for customer/client to refer anyone to them, would not want anyone to have to go through 3 months of lack of communication like we did.
There was some confusion at times between myself and the Mac Team loan Specialist.
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.