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PENNYMAC
- Mortgage Lenders
- Plano, TX
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
2201 West Plano Parkway, Ste. 150, 300, Plano, TX, 75075, 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 |
Everything went very smooth and GREAT people to works with.
Everyone was very professional and quick to answer my questions. It was a smooth transaction and closed faster than expected.
Not taking 5.5 months for a no doc refi to close
This refinance was easier than the first refinance. Everything was explained accordingly and I felt as if I never had to lift a finger.
I had to submit multiple documents, over and over, on numerous occasions. It should not have taken 5-6 months from the time I started calling about refinancing to our closing.
This is easily the worst loan transaction I've ever done (and I've done about 20). My loan took over 5 months to close (5 months!) with no reasonable explanation whatsoever. I have perfect credit and quickly provided ALL the required info, so there is no reason why this should not have been closed promptly. You guys did hold the original mortgage, so that again also should have been easier. I have additional refinances that I am doing, that will NOT be done through PennyMac.
The entire PennyMac team was terrific from the start. At each point in the process from inquiry, application, processing to closing they kept me updated on status, made sure I was ok with next steps and made sure all my questions were answered. I never had to guess and was always updated. Raven, Nicholas and the entire team with me every step of way. Thank you for your attention and time!
Long delays and inaccurate numbers
This is our third mortgage and second refinance with Penny Mac. The main reason we refinanced is because when we bought our current house with Penny Mac financing they never properly escrowed the Wind and Hail insurance required by North Carolina State Law. We went through a year of getting bounced between an insurance office that doesn't talk to the rest of the company, a MacTeam specialist that didn't care to fix the problem, and a customer support line that couldn't remedy the problem.
Frequently asked questions about PENNYMAC
How is PENNYMAC rated?
PENNYMAC has a 4.4 star rating with 6,782 reviews.
When is PENNYMAC open?
PENNYMAC is closed now. It will open tomorrow at 6:00 a.m.