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.

Read More
Employer: PennyMac
Average Salary Range by Job
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)

Comp Managers: Start Here »

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.


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.


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.


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

Search for more jobs:

Key Stats for PennyMac


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

Job Satisfaction

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

Find Out Exactly What You Should Be Paid

United States (change)

Comp Managers: Start Here »
United States (change)

Subscribe to Our Newsletter

Salary and career advice to put you a step ahead.
newsletter icon


Recent Blog Posts on Career News

Want to Get More Specific? Get a Salary Report Customized for YOU

Tell us about your current job and your skillset, and we’ll let you know how much employers are paying in your area.