Business Details
Your Trusted Mortgage Partner in Westlake Village
Pennymac is a leading mortgage services provider dedicated to empowering homeownership through innovative financial solutions. With a mission to build the foundation of homeownership by enabling Americans to achieve their aspirations, we offer a comprehensive range of services including home purchase loans, refinancing, and home equity loans. Our commitment to excellence is reflected in our status as the #2 lender in the U.S. and our recognition as a top VA and FHA loan servicer. Guided by core values of accountability, reliability, and ethical conduct, we prioritise customer education and long-term relationships.Our team of experts provides personalised guidance, ensuring clients navigate the mortgage process with confidence. Backed by advanced digital tools and a customer-centric approach, we deliver efficient, transparent services tailored to individual needs. Recognised for industry leadership and corporate sustainability, we integrate environmental stewardship and social responsibility into our operations. With nationwide office locations and 24/7 payment support, we combine technological innovation with human expertise to meet the evolving needs of homeowners and partners alike.
Services
Home Purchase Loans
Home Refinance Loans
Home Equity Loans
Conventional Mortgages
FHA Mortgages
VA Mortgages
Jumbo Loans
Investment Property Loans
Highlights and features
- We are the #2 lender in the U.S. with nearly $700 billion in loans serviced.
- Our 24/7 payment support ensures convenience for homeowners.
- Recognised as the top VA and FHA loan servicer nationwide.
- We offer a $2,500 Close on Time Guarantee for eligible purchases.
- Our digital platform enables seamless online applications and account management.
Associations and certifications
- BBB Accredited Business
What people say
Quick approval process
Competitive rates
Dedicated support
User-friendly app
Transparent terms
Services
Home Purchase Loans
We offer tailored mortgage solutions for homebuyers, including conventional, FHA, VA, and jumbo loans. Our expert team guides clients through the application process, ensuring competitive rates and personalised terms. With flexible down payment options and digital tools for pre-approval, we simplify the path to homeownership while maintaining transparency and compliance.
Home Refinance Loans
Our refinancing services help homeowners reduce monthly payments, adjust loan terms, or access equity. We provide cash-out refinancing and rate-and-term options with streamlined processes. Clients benefit from dedicated support, real-time rate tracking, and a $2,500 Close on Time Guarantee for eligible transactions, ensuring a stress-free experience.
Home Equity Loans
We offer home equity loans to leverage property value for major expenses. These fixed-rate loans provide predictable repayment terms and lump-sum disbursements. Our advisors help clients assess eligibility, compare options, and integrate equity financing into broader financial strategies while maintaining responsible lending practices.
Conventional Mortgages
Our conventional mortgage programs cater to diverse buyer profiles, including first-time and repeat purchasers. Features include competitive fixed and adjustable rates, low down payment options, and flexible credit requirements. We prioritise digital convenience through online applications and real-time status updates, supported by expert loan officer assistance.
VA Mortgages
Specialised VA loan programs support eligible veterans and service members with zero-down payment options and reduced fees. As the #1 VA lender, we provide dedicated guidance, expedited processing, and compliance with military-specific benefits. Our team ensures applicants maximise entitlements while navigating the unique requirements of VA financing.
Questions
What mortgage rates does Pennymac currently offer?
Today's rates include conventional 30-year fixed at 3.25%, FHA at 3.5%, VA at 3.1%, and jumbo at 3.75%. Rates vary based on credit profile and market conditions.
How can I apply for a mortgage with Pennymac?
Apply online via our website, through the mobile app, or contact a licensed loan officer at 866.549.3583 for personalised assistance.
What documents are required for mortgage pre-approval?
Pre-approval requires proof of income, tax returns, bank statements, and identification. Our online portal allows secure document submission for faster processing.
Does Pennymac offer first-time homebuyer programs?
Yes, we provide FHA loans with low down payments, down payment assistance guidance, and educational resources through our First-Time Homebuyer Guide.
What payment options are available for existing loans?
Make payments online, via mobile app, by phone, or mail checks to our Los Angeles address. AutoPay and 24/7 payment support are also available.
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