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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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This was a smooth transaction. Everything was explained to me and was always updated on the status of everything. The only part that upset me was on the date of closing. The title person was late.
ONCE we got to actual closing everything went smoothly.
The mortgage refinance business is so busy right now that the company is backlogged. That backlog, and service issues that it caused, were responsible for the OK rating. Either don't accept as many loans, or hire more people.
Pain free process
You can start by communicating with your customers and let us know how the loan is progressing and an estimated timeline for completion. We absolutely did not receive "weekly" updates and did not receive decent communication until after we complained. We actually got to the point where we were ready to back out of the deal altogether because we were tired of our finances being on hold and because of the lack of customer service. We will not use PennyMac again and we certainly cannot recommend yo
Outstanding customer service and process! Would highly recommend to anyone attempting to refinance.
We started the refi on June 4th, closed on Sept 17th..money is supposed to be in checking account today, the 22nd..The documents weren't all requested up front..one here..one there..Loan sat in one of the " reviews" for 2 weeks!!! I'm my opinion, the process could have been handled more expiditiously!?
Very quick process
The whole process took a little longer than expected, however it was very smooth and all the communication was clear. Rachel was very helpful and the process couldn’t have gone better.
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.