We ARE PennyMac -Accountable. Reliable. Ethical.

About Us

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.

PennyMac has also been a leading provider of help to underwater homeowners. We're a major participant in the Home Affordable Refinance Program (HARP), the government program created in 2009 to assist underwater homeowners in refinancing their mortgages. 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.

Our Mission

Accreditations and Certifications
PennyMac Loan Services Reviews

Life is defined by choices and the choices we make can have a lasting impact. At PennyMac, we understand the importance of making the right choices because our decisions affect our company, our industry, and the lives of others. That’s why we made it our mission to be a different kind of mortgage provider. One with an unwavering focus on what’s important to our customers:

  • superior value with some of the lowest rates available
  • exceptional service, and
  • a hassle-free experience

It’s a choice we stand by daily, and we achieve it by demonstrating our core values of being

  • accountable
  • reliable, and
  • ethical

in everything we do.

We also chose to do just one thing and to do it better than anyone else. So home loans are our only business and sole focus. We understand the importance of building a strong relationship with your mortgage servicer. We not only help you obtain a loan, but we also service it after it closes so everything stays in-house.

Whether you’re a first-time home buyer or looking to refinance into a lower rate, our experienced, loan officers will help you choose the product that’s just right for you and we’ll close your loan quickly, typically within 30 days

We know that when it’s time for you to choose a lender, you’ll have lots of options. We invite you to join the many satisfied customers who have already experienced the PennyMac difference.


PennyMac was founded in 2008 in Southern California, when a group of mortgage and bank industry veterans came together in the midst of the housing and financial crisis, with the vision to build effective mortgage and lending solutions for homeowners and other customers. In the seven and half years since, we have grown into one of the leaders of the US mortgage market.

PennyMac's first line of business was modifying residential mortgages originated by other lenders, under such programs as the federal Home Affordable Modification Program (HAMP). The original lenders were often large banks. Sensing an opportunity for improved customer service and other innovations, we began originating loans directly to consumers and through financial partners.

In May 2013, PennyMac was listed on the New York Stock Exchange (NYSE: PFSI).

From a handful of people in a room in 2008, PennyMac has expanded to a talented group of nearly 3,000 employees led by an experienced executive management team. Our market leadership translates to national coverage: originating loans in 49 states out of 10 offices across the United States and servicing over 900,000 customers. We have taken our expertise and innovated into other services: we are the second largest correspondent aggregator, the fifth largest originator and the eleventh largest loan servicer in the US based on unpaid principal balance.

Across all our lines of business, PennyMac has retained its original mission: assist homeowners and heal the US home lending market in the process. We remain committed to finding lasting solutions for all kinds of homeowners. To date, we have modified over 17,500 loans, helping our customers sustain the American dream of homeownership.