Pennymac

Pennymac is a United States mortgage lender and mortgage servicer headquartered in Westlake Village, California. Founded in 2008, the company provides residential mortgage financing and loan servicing through direct lending channels and correspondent lending relationships. Pennymac is one of the largest mortgage servicers in the United States, managing a substantial portfolio of residential home loans.

The company offers mortgage financing for home purchases, refinancing, and cash-out refinancing. Its loan portfolio includes conventional and government-backed mortgages, jumbo loans, and specialized financing programs for eligible borrowers. Pennymac also provides home equity lending products and digital tools that allow customers to apply for loans, manage mortgage accounts, and make payments online. Loan availability varies based on borrower qualifications, property type, and applicable lending guidelines.