Strong training and leads, but poor stability and balance - Recensione dipendente - Mortgage Loan Officer presso PENNYMAC

4,0
28 mag 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

- Constant warm leads - Competitive commission structure - Good initial training

Svantaggi

- career advancements opportunity. Good performers are offered management roles but a lot of high producing officers usually turn down these offers. Salaried but less compensation - Frequent layoffs - Work/life balance - Can work remote but you will be leashed to your desk (Literally)

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Risposta di PENNYMAC
1d
Thank you for taking the time to share your honest feedback about your experience as a Loan Officer with Pennymac. We appreciate both the pros and cons you’ve highlighted, as they give us a clear view of where we are succeeding and where we need to focus our growth. We are so glad to hear that our initial training, steady stream of warm leads, and competitive commission structure supported your success. We take great pride in providing our production teams with a strong foundation to thrive, and it is wonderful to know those aspects hit the mark for you. At the same time, we completely hear you regarding the challenges of day-to-day work/life balance and the complex choices surrounding career advancement pathways. Your perspective on why high-producing officers might hesitate to transition into salaried management roles is incredibly insightful, and it is a piece of feedback we take seriously as we look to improve our leadership structures. While the mortgage lending industry always comes with unique shifts and challenges, we remain deeply optimistic about Pennymac’s future. We are continuously evolving and actively striving to build an environment that not only drives business success but also champions long-term stability, wellness, and truer balance for our teams. Even where we may have missed the mark in the past, our commitment is to learn, adapt, and build a more supportive workplace for everyone. Thank you for being a part of our journey during your time here. We value your contributions and wish you the absolute best in your future endeavors.

Esplora altre recensioni su PENNYMAC

5,0
18 nov 2025
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Amazing people and great culture

Svantaggi

My drive to work is long but its is a great place to work so it is worth the drive.

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Risposta di PENNYMAC
6mo
Thank you for taking the time to share your thoughts on our company. We appreciate your honest feedback along with the pros and cons you mentioned. Our company values open communication, and we take your advice seriously. We will continue to listen to our employees' feedback and work towards improving our communication channels. Once again, thank you for your honest feedback, and we look forward to continuing to learn and grow with you.
1,0
2 giu 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Good team and good cafeteria

Svantaggi

-micromanagement heaven -you want a promotion? Too bad a DEI hire from outside the company is going to take it instead -they love pulling the rug from under you with a new comp plan “to match industry standards”. -they treat their processors like they’re kids in a sweat shop so the processors have no incentive to care about your file (they give them peanuts as a quarterly bonus) -they have RCT spies to watch everything you do and snitch to your manager/ set your lunches / decide if your time is approved -they act like it’s the best place to work but it’s absolutely not

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