PENNYMAC's cover image

This profile has been claimed by the business owner or representative.

PENNYMAC

4.4

About this business

Location details

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

Get directions
4.46,791 reviews
Select a rating
RICHARD N.'s profile image
RICHARD N. 
6 years ago

Here are a few of the many instances that made my refinance process unpleasant: A document was requested for my VA approval. I sent the document about 5 times, it was confirmed to have been received, and then I was asked again multiple times to submit the document. My wife was denied credit for a reason that was never explained to me. After receiving that news, any and all communication from Jason Staples stopped. I reached out multiple times to find out what happened without explanation. 

JUSTIN M.'s profile image
JUSTIN M. 
6 years ago

No 

Nicole B.'s profile image
Nicole B. 
6 years ago

Overall the experience was fairly easy and quick during a time where a majority of us our working from home which can be challenging. 

Tracy W.'s profile image
Tracy W. 
6 years ago

Excellent customer service! 

Thomas H.'s profile image
Thomas H. 
6 years ago

Initial approval had me saving $115/month and getting $200+ at closing. These figures were supposed to be "locked in". When given the closing disclosure, the amounts had changed to saving $55/month and getting $330 at closing. Explanation was my property taxes had doubled. Final documents had me saving $50/month and owing $54 at closing. Very disappointing to not get the "locked in" figures initially promised. BAIT AND SWITCH?!? 

William K.'s profile image
William K. 
6 years ago

PennyMac worked hard to get us refinanced in a time of need 

Jerome P.'s profile image
Jerome P. 
6 years ago

I was given a different number at the end of the process, it wasn’t clear at the beginning 

DONALD H.'s profile image
DONALD H. 
6 years ago

Thorough, timely, and convenient. 

DAVID H.'s profile image
DAVID H. 
6 years ago

I have worked with PennyMac in the past with great results. The loan process and communication process was extremely awkward. I was sent (monthly) a closing statement showing how much was needed to pay off the original loan. The transition from the original loan official to Jacob was not smooth or communicated accurately. While overall, I am happy with my new rate, the service aspect was not clean or clear 

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.