Pennymac Financial Services Inc Salary

As of August 2026, the average annual salary for employees at Pennymac Financial Services Inc in the United States is $131,850. This translates to an approximate hourly wage of $63. Salaries at Pennymac Financial Services Inc typically range from $115,351 to $149,936 annually, reflecting the diverse roles and experience levels within the company.

How Much Does Pennymac Financial Services Inc Pay for Different Roles?

Explore detailed salary information for specific jobs at Pennymac Financial Services Inc. Based on our data, the highest paying job is the Vice President, Internal Audit, with an annual salary of $342,975. The table below outlines the annual salary ranges for most popular roles within the company.
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Is Pennymac Financial Services Inc’s Pay Competitive? Salary Benchmarking Analysis

How does Pennymac Financial Services Inc's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
Vantiv Inc $118,886
-9.8%
Vantiv Inc likely leverages performance bonuses over the high base salary shown here.
Mercury Insurance Services LLC $138,485
+5.0%
Driven by niche technical certifications required for Mercury Insurance Services LLC's specialized projects.
City National Bank $138,928
+5.4%
Influenced by prevailing union wage agreements specific to City National Bank's sector.
Restoration Hardware Inc $152,999
+16.0%
Reflects structural premiums typical of Restoration Hardware Inc's large-cap national operations.
Financial Services Industry $121,514
-7.8%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

Employee Reviews: Working at Pennymac Financial Services Inc

Considering a career at Pennymac Financial Services Inc? Explore authentic employee reviews to learn about the work environment, career growth opportunities, pay transparency and benefits. These first-hand insights can help you set realistic compensation expectations and make informed career decisions.
The firm’s size means access to global opportunities and top-tier clients. Clear documentation and training make ramp-up manageable. Creativity isn’t emphasized. Vendor partnerships are high-quality and stable.
Sustainable business practices are operationalized. This environment works well for those who appreciate routine and job security but may frustrate employees seeking dynamic challenges. There isn’t much excitement, but the work gets done without many surprises or complications. From specialized financial workshops to support for industry certifications, the company ensures we stay ahead in a dynam...
This discipline prevents wasted time. Compensation adjustments reflect demonstrated contributions. A truly empowering work environment. Management consistently checks in on team morale and actively seeks feedback for improvement. A forward-thinking company with excellent leadership and a culture of growth.

Pennymac Financial Services Inc Overview

Website
www.pennymacfinancial.com
Founded In
2008
Employees
3,000 - 7,500 employees
Industry
Financial Services
Headquarter Address
3043 Townsgate Rd Westlake Village California CA 91361
Revenue
$3B - $5B
Phone Number
+1 8182247442
Social Media
About Pennymac Financial Services Inc
Founded in 2008, PennyMac Financial Services, Inc. is a specialty financial services firm focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.

What Benefits Does Pennymac Financial Services Inc Offer Beyond Salary?

A competitive compensation package is more than just a salary. Pennymac Financial Services Inc offers a comprehensive benefits package designed to support your health, financial future, and overall well-being. Below are the most common key benefits:
Social Security
401(K)
Disability
Healthcare
Pension
Time Off (days)
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What Is the Cost of Living Near Los Angeles?

Understanding the cost of living near Los Angeles is key to truly evaluating a salary offer or your current compensation at Pennymac Financial Services Inc.
Los Angeles' Cost of Living Index is approximately 173.3 (73.3% more expensive than US average; 23.9% more than CA average). Driven by extremely expensive housing, high transportation costs, and above-average goods/services. When planning your budget based on a salary from Pennymac Financial Services Inc, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $2,500 - $3,800+ A significant portion of Pennymac Financial Services Inc salary. Location choices impact this heavily.
Utilities (Basic) $150 - $250 Electricity, Heating, Cooling, Water etc.
Public Transportation $100 (Metro TAP card varies) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $450 - $700 Can be higher with more dining out or specialty stores.
Personal & Leisure $500 - $1,000+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $350 - $700+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $4,050 - $6,450+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

FAQs of Pennymac Financial Services Inc

1. What is the average salary for employees at Pennymac Financial Services Inc?

The average annual total compensation for employees at Pennymac Financial Services Inc is approximately $131,850. However, this is an aggregate figure, actual salaries can range significantly, typically from $115,351 to $149,936, depending on factors like job role, experience, and location.

2. How much does Pennymac Financial Services Inc pay compared to Vantiv Inc?

The average annual salary at Pennymac Financial Services Inc is $131,850, or an hourly wage of $63, in comparison to Vantiv Inc which pays $118,886 per year or $57 per hour.

3. What is the lowest salary at Pennymac Financial Services Inc?

The lowest-paying job at Pennymac Financial Services Inc is a Mortgage Loan Originator with a salary of $59,239 per year. The lowest- paying job depends heavily on the specific role, location, whether it's an hourly or salaried position, and if it's full-time, part-time, or an internship. Generally, entry-level positions might represent the lower end of the pay scale.

4. How does having a professional certification impact salary for relevant roles at Pennymac Financial Services Inc?

Professional certifications like PMP (for Project Managers), CPA (for Accountants), or another relevant certification for the industry can often lead to higher salaries and better job prospects at Pennymac Financial Services Inc for applicable roles. Certifications demonstrate a verified level of expertise and commitment to a profession, making candidates more competitive.

5. Does Pennymac Financial Services Inc offer cost-of-living adjustments (COLA) for employees in high-cost areas like Los Angeles?

While some companies offer formal COLA, many, including potentially Pennymac Financial Services Inc, incorporate cost of living considerations into their overall salary structure for different locations rather than as a separate, itemized adjustment. This means their base pay bands for roles in high-cost cities like New York City are generally set higher to account for these local market factors.

6. What's the typical process for salary reviews and raises at Pennymac Financial Services Inc?

Most companies, likely including Pennymac Financial Services Inc, conduct formal salary reviews annually, often tied to performance evaluations. During these reviews, factors like individual performance, meeting goals, company performance, and market adjustments are typically considered for potential salary increases.