Average Salary for PennyMac Employees

Compensation for PennyMac employees is around $70K per year on average. Your city is the biggest factor affecting pay for PennyMac workers, followed by your experience level. This overview is based on answers to PayScale's salary questionnaire.

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Employer: PennyMac
Average Salary Range by Job
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About This Company

Moorpark, California 

Mortgage Lending / Loans / Credit Products


Freebase CC-BY Source: Freebase, licensed under CC-BY

Years of Experience

Between the one and five year mark, median pay is $62K annually. The greater proportion of employees (47 percent) report five to nine years of experience and bring home median pay of $60K per year.

Locations

Residents of Los Angeles, Calif. pick up paychecks that are higher than any other city — the median salary is about $85K annually; other top-paying cities include the company's headquarter city of Moorpark, Calif. ($72K) and Fort Worth, Texas (around $50K). Across PennyMac's U.S. offices, employees in the state of Texas earn the most, taking home approximately $70K per year.

Jobs

The highest paychecks go to Senior Application Developers, who earn around $104K annually.

Certifications and Degrees

PennyMac provides the highest financial reward to those with a Bachelor's Degree — these employees rake in $68K per year.

Skills

The highest-paying skill to have may be .NET; employees who claim proficiency also report a higher average salary of $104K annually. It's pretty common to find people here who know Microsoft Office; about one in four consider it a key competency. Many workers usually know Data Analysis, Microsoft SQL Server, and Financial Analysis as well.

Benefits and Perks

To plan for old age, almost all respondents maintain savings accounts through the company's 401(k) plan. Nearly all survey participants can count on health insurance, and the vast majority of employees have dental coverage as a benefit.

PennyMac Job Listings

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Key Stats for PennyMac

Gender

Female
58 %
Male
42 %
Salary
$47,166 - $91,563
Salary
$57,391 - $77,500
1-4 years
19%
5-9 years
43%
10-19 years
33%
20 years or more
5%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 2 votes.

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United States (change)


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United States (change)

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