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PENNYMAC

3.5 (901 Reviews)

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PennyMac Loan Services, LLC ("Pennymac") is a leading national mortgage lender and servicer. Our goal is to provide you with innovative mortgage solutions to make it easier for you to purchase, refinance, or simply remain in your home. Since our founding in 2008 by a team of mortgage industry veterans, we've sought to restore Americans' trust in home ownership by improving the quality and consistency of the mortgage experience. We're a full-service lender with a breadth of loan options for everyone from first-time home buyers to those seeking jumbo, FHA, or VA loans. We also purchase loans from banks and other lenders, then use our industry expertise to help borrowers restructure their mortgages so they can stay in their homes. NMLS #35953.

Reviews 901

3.5

Out of 5.0

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Tabitha EVANS customer name
Apr 25,2020

The team worked quickly and made the process super easy!

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Eric
Apr 24,2020

Great Experience and highly reccomend!

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Jessica C
Apr 24,2020

Great team helped me through a stressful time of buying a home during the pandemic that we stated shopping a month before but locked in early March. Even through this chaos they didn’t miss a beat.

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Skye Williams
Apr 24,2020

I thought they were a good lender and when attempting to refinance they approved and made a deal in February where we had no closing fees and everything was perfect. They sold us the moon. Now here we are in April after they dropped in communication and mishandled our file they now want us to pay them to refinance. Then when we ask for an explanation of how or why this had changed nothing is explained. They just talk in circles and won't even acknowledge their mistake. DO NOT TRUST THEM!

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Bob May
Apr 24,2020

Great service. Very efficient.

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Mary Martinez
Apr 24,2020

Nekita was awesome! She saved the day! Whenever I was unsure about the status, the documents or any part of the loan, she was there. She went above and beyond.

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Danny Dalton
Apr 24,2020

Dealing with PennyMac has been very professional but personable as well. My wife and I could not be happier with our dealings thus far.

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David C
Apr 23,2020

We are saving a lot of money and time off the life of our loan. Process was pretty straightforward and weekly updates were helpful.

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Chris Sean
Apr 23,2020

After 2 years with our previous lender, our mortgage was sold to PM, and 3 months after that PM increased our payment $200 due to an “escrow analysis”. Called and spoke with their “escrow specialist”, and they rudely informed me that my home insurance had went up (PM actually contacted my insurance company requested a higher insured amount) , and that they “anticipated” a higher tax rate for the coming year and that any unused funds will be refunded back to me.. yeah right!!!!!

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KATHY
Apr 23,2020

Great experience!

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Veronda Ryan
Apr 23,2020

Great job, I am so proud to be a pennyMac consumer. I appreciate all staff involved in my refinance, without you guys, I wouldn't be as happy as I am today.

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Mary M
Apr 23,2020

Excellent experience!

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JAY OSSA
Apr 23,2020

Fast and professional services //Great system doing all virtually and a timely frame work //

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Oh-Ren
Apr 23,2020

Initial consultation with Ross Ahkiong was great. He was a pleasure to work with and is a credit to Penny Mac. He was very honest and up front with me. The rest of the employees involved in the process were average.

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Leroy Ball
Apr 23,2020

Good overall experience

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Janis Koreis
Apr 23,2020

Clear, concise communication via phone and email....supportive team each of whom were readily available and pleasantly answer our questions whenever we called. convenient E-signing of all preliminary documents. Great rate too! The notary service out of Spokane did not follow the Covid-19 protocols communicated to us to ensure distancing and health preservation and preventative measures, but she was not a PennyMac employee.

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John Rammelkamp
Apr 23,2020

Great experience with Penny Mac and The Mac Team

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Jenny Kent
Apr 23,2020

I HIGHLY recommend PennyMac for home purchasing or refinancing! Their team made our refinancing experience easy and STRESS FREE! The process was very fast even during these uncertain times. Clear communication was given throughout, from start to finish.

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Scott Harris
Apr 22,2020

Fantastic organization. Great experience.

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Donna Lewis
Apr 22,2020

Had a wonderful experience with Penny Mac, especially under the current Covid crisis. I would refer everyone to this lender! The only issue that ever came up was with my realtor and title company having trouble getting through to Penny Mac when they needed to. I'm not sure why, but they did. For some reason the number they had for contacting PM would not get them through to a person to speak with. I was able to get through every time so I ended up having to contact for them. That was most likely a glitch in the system because of the current situation with Covid. Penny Mac is absolutely the best lender I've ever worked with. Honest, professional, on time and save us TONS of money!!!! Extremely easy to work with.

(800) 777-4001 [email protected]

3043 Townsgate Rd, Suite 200, 91361, Westlake Village, US

https://www.pennymac.com

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