Average Salary for PennyMac Employees

Moorpark, Calif.-based PennyMac hires for positions ranging from Instructional Designer to Senior Application Developer in the mortgage lending / loans / credit products. Employees at PennyMac make $63K annually on average. At PennyMac, the biggest piece of the paycheck puzzle is your job title — it impacts salary more than anything else — though your city and how long you've been working each factor into the equation as well. The data in this summary comes from the PayScale salary survey.

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Employer: PennyMac
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About This Company

Moorpark, California 

Mortgage Lending / Loans / Credit Products

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


Senior Application Developers rake in the most money, with average earnings of approximately $104K per year; Corporate Trainers come in second with median earnings amounting to $63K, and Instructional Designers rank near the top as well ($57K).


When it comes to location, the highest average paycheck ($89K annually) can be spotted in Los Angeles, Calif.; Dallas, Texas (around $75K), the company's headquarter city of Moorpark, Calif. (about $70K), and Fort Worth, Texas (approximately $59K) are the next top-paying cities. By state, PennyMac pays its California employees the most; the pay rate there is $70K per year.

Years of Experience

Respondents who have been working for five to nine years make around $57K annually on average. Workers who have been with the company for more than one year but less than five can make about $62K per year on average. Broken down by tenure, the largest share of PennyMac employees (38 percent) have 10-19 years of experience and earn $85K annually on average.

Certifications and Degrees

Employees who have a Bachelor of Science in Bachelor of Science (BS / BSc) make the most here, hauling in $89K per year.


In this role, the best-paying skill appears to be C#; individuals who claim it among their capabilities enjoy a higher median salary of around $104K annually. A common skill in PennyMac's work force is Microsoft Office; roughly one in four of survey participants report using it on the job. Facilitator, Microsoft Excel, and Data Analysis round out the set of key employee skills.

Benefits and Perks

Most employees take advantage of the 401(k) plan that PennyMac sponsors. The vast majority of employees report having health insurance, and a large number of employees report having dental coverage.

PennyMac Employer Job Listings

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Key Stats for PennyMac


58 %
42 %
$48,000 - $90,000
$61,042 - $83,524
1-4 years
5-9 years
10-19 years

Job Satisfaction

Rated 3 out of 5
based on 3 votes.

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