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2201 West Plano Parkway, Ste. 150, 300, Plano, TX, 75075, United States
Get directionsI referred my daughter to have her mortgage refinanced due to the professionalism of their work.
Seamless, easy process with very accommodating loan professionals
Couldn't expect a better level of service. Outcome was everything I expected!
Better communication with what is happening during the loan process. We felt in the dark. We were scheduled to close 3 different times, each time the closing was cancelled at the last minute. We would have to call/email to try and get answers and would not hear back from anyone for a few days. We finally closed the 4th time but was never fully explained to us why the closing was cancelled so many times. It was a frustrating process and we are happy to have finally closed.
Refinancing with Penny Mac was a very easy process. These guys take care of everything and explain everything you need to know in great detail.
Due to Covid 19, I feel that the process took longer
While Patrick Kirk was excellent in conveying expectations and answering questions when I was able to speak to him directly, I probably spoke with around 10 different reps. Some were great, while others seemed put-out to have to talk to me. We had an issue that took way too long to resolve with underwriting regarding a document request for a road maintenance agreement, that did not exist. It took 3.5 weeks, & many reps not knowing why this was being requested, to finally get this fixed.
Fast and easy process
Communication with the underwriter is needed between the applicant and underwriter. I was asked for documentation that I could not provide. If the underwriter and myself would have been able to talk we could have closed on time.
PENNYMAC has a 4.4 star rating with 6,791 reviews.
PENNYMAC is permanently closed.