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

Mr. Lusk was great he stayed in constant communication with me and when issues did occur with title company he was quick to resolve them. He made my experience with a complex process very reassuring and not a burden. I am very pleased with all his answers and going the extra mile to help us with refinancing our loan. Thank you again !!! 

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

When I first started dealing with PennyMac the service I recieved from Ruben Sanchea was excellent, once he passed my account to Dominick it was almost as nice. Once Doninick handed my account over to Vonney Wade it was a total NIGHTMARE. the woman never responded to myself or my agent we had to make several calls on the same subject she made my stress levels go through the roof to the point I got physically ill. I will never finance through PennyMac again. 

Karen W.'s profile image
Karen W. 
5 years ago

The loan processing agent was not helpful, often antagonistic, did not provide requested information when asked. Closing documents were done improperly by PennyMac multiple times and resulted in significant delay in closing. I had to go through significant effort to contact PennyMac in Order to get the loan closed. I was not reimbursed for the cost of the delay. I was not informed of the cost of the points for the loan. I had to go through customer service multiple times. Terrible. 

Nelson D.'s profile image
Nelson D. 
5 years ago

What would have made my experience better with PennyMac better. COMMUNICATION! During the loan application process I was told I a member of my MacTeam would contact me weekly with a status update, this rarely if ever happened. Frequently a member of the MacTeam would contact me requesting documents that had already been uploaded to the portal. I found my loan processor to be completely unreachable by telephone and he infrequently responded to emails. 

JAMES J.'s profile image
JAMES J. 
5 years ago

Tristan, Jordan, and the team were Amazing! They were always polite and respectful, no matter how frustrated i may have been. They explained the process well so it was not confusing at all. They all deserve a raise! 

WAYNE L.'s profile image
WAYNE L. 
5 years ago

We had a great experience using PennyMac to refinance our house. Because out mortgage was already with them it took a lot less time than it normally does to finance a home and to close on the loan. Everyone on the refinance team was very responsive helpful. I would recommend PennyMac to everyone. 

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

We didn’t feel that Caprecia was a great communicator. The feeling in her communication with us was like calls were a formality and she was just checking the box. We didn’t feel like our questions were answered adequately and timely. We felt Caprecia talked down to us at different times. The initial loan agent was great to work with and the closing notary was pleasant, but the in-between was painful and we’re glad it’s done. We’d normally recommend PennyMac, but the MacTeam needs attention. 

Richard T.'s profile image
Richard T. 
5 years ago

The communicate was not good. I found myself sending many emails and making many calls to try and find out information on the refinancing application and closing process. The PennyMac application portal was absolutely terrible and repeatedly sent emails to me about missing documents. I asked many times what these were, but no one had an idea. The closing date was rescheduled three times and almost zero communicate provided to me. The title company and notary service was just as confused. 

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

Refinance went smoothly and quickly 

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.