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PENNYMAC

4.5

About this business

Location details

3201 E. Elwood Street, Ste. 100, Phoenix, AZ, 85034, United States

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WeekdayScheduleStatus
Mon6:00 a.m. to 7:00 p.m.
Tue6:00 a.m. to 7:00 p.m.
Wed6:00 a.m. to 7:00 p.m.
Thu6:00 a.m. to 7:00 p.m.
Fri6:00 a.m. to 7:00 p.m.
Sat6:00 a.m. to 5:00 p.m.
SunClosed
4.52,130 reviews
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RONALD H.'s profile image
RONALD H. 
5 years ago

During application period, agent was professional & requested documents needed. However when rates lowered , he was not helpful ( even licked rate expired). To close on time was forced to pay more to keep old locked in rate. Carolyn Monson (closing approval agent) was ABSOLUTELY WONDERFUL throughout her phase. Yuri (app. agent) didn’t really communicate to questions, etc as desired. Carolyn responded very timely. That’s why the excellent overall review. The delay in closing was on Buyer’s end. 

Edward C.'s profile image
Edward C. 
5 years ago

Lori Gibson 

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

I am a current PennyMac mortgage holder prior to doing this refinance with PennyMac. Including perfect pay over many years and over a 825 FICO., a 31 percent LTV. My expectations was it should take less than the 4 months it took to process. I was under the impression that the rate had a float-down option, which I had numerous other options that had that and could have lowered my rate and closing costs more so than PennyMac. Overall, I’ve been disappointed in PennyMac and would not recommend. 

LEROY HALL J.'s profile image
LEROY HALL J. 
5 years ago

From start to finish the process was seamless. Effective communication and keeping me abreast of my Refi status across the board. All I can say is that the process was wonderful. 

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

Everybody was very pleasant to work with throughout the whole process. 

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

We were supposed to close at the end of October originally but our documents must have fallen through the cracks and they had to restart the process all over again. I was originally told I would receive what was in the escrow account since we were putting a new escrow account into our loan and I haven't seen that yet so I'm not sure if that's actually happened or not. I sent a message about it and did not get a response. Otherwise, everybody was very nice. 

SARA H.'s profile image
SARA H. 
5 years ago

The process was great. The communication was wonderful. Everything went smoothly. 

DANIEL K.'s profile image
DANIEL K. 
5 years ago

No issues, fast. and very smooth refinancing. 

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

The penny Mac team I dealt with made it easy and seamless to refinance my home. I would recommend using penny Mac as a lender 

Frequently asked questions about PENNYMAC

How is PENNYMAC rated?

PENNYMAC has a 4.5 star rating with 2,130 reviews. 

When is PENNYMAC open?

PENNYMAC is closed now. It will open at 6:00 a.m.