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Pennymac Financial Services, Inc.

Finance / Mortgage Lending New York, NY ~1K employees
Founded
--
Employees (Est.)
~1K
58 leaders known
Total Funding
$9.7B
Funding Rounds
21
Last Funding
2026-02-04

About Pennymac Financial Services, Inc.

Pennymac is a leading mortgage lender in the U.S., focused on providing home loan and mortgage solutions. Committed to greatness at home and beyond, they aim to support homeowners with personalized loan options and expert guidance. They are also the Official Mortgage Supporter of the 2026 and 2028 U.S. Olympic and Paralympic Teams and a Proud Supporter of Team USA and the LA28 Games.

Products & Services

Home Purchase Loans:Loans designed for buying a new home with various options tailored to different needs.
Home Refinance Loans:Options to refinance existing mortgages to potentially lower rates or adjust terms.
Cash-out Refinancing:Allows homeowners to tap into home equity for cash while refinancing their mortgage.
Home Equity Loans:Loans that enable homeowners to borrow against the equity in their home.
Conventional Home Loans:Standard mortgage loans not insured by the government, with fixed or adjustable rates.
Adjustable Rate Mortgages (ARMs):Mortgages with interest rates that can change over time based on market conditions.
Jumbo Home Loans:Loans for higher-priced properties that exceed conventional loan limits.
FHA Home Loans:Government-backed loans with lower down payment requirements for eligible borrowers.
VA Home Loans:Loans for veterans and active-duty military personnel with favorable terms.
USDA Streamlined-Assist Refinance:Refinance option for USDA loan holders to simplify the process with minimal documentation.
Investment Property Loans:Loans for purchasing properties intended for rental or investment purposes.
Pennymac Correspondent Group:Specializes in acquiring newly originated U.S. residential home loans from independent mortgage bankers, banks, and credit unions.
Pennymac TPO:Supports wholesale channel partners (Broker and Non-Delegated Correspondent) with industry expertise and resources.

Specialties

Home Loans Mortgage Refinancing Home Equity Solutions Wholesale Mortgage Services Customer Support and Guidance

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Securitization
T: -
FT: Securitization 		A: 423800000
MR: -
FA: $423.8 million
FAN: 423800000 		D: 2026-02-04
FD: 2026-02-04 		-
2 RT: Debt
T: -
FT: Debt 		A: 390200000
MR: -
FA: $390.2 million
FAN: 390200000 		D: 2026-01-07
FD: 2026-01-07 		-
3 RT: Debt
T: -
FT: Debt 		A: 75000000
MR: -
FA: $75 million
FAN: 75000000 		D: 2025-12-18
FD: 2025-12-18 		-
4 RT: Debt
T: -
FT: Debt 		A: 292800000
MR: -
FA: approximately $292.8 million
FAN: 292800000 		D: 2025-12-16
FD: 2025-12-16 		-
5 RT: Debt
T: -
FT: Debt 		A: 75000000
MR: -
FA: $75 million
FAN: 75000000 		D: 2025-12-11
FD: 2025-12-11 		-
6 RT: Debt
T: -
FT: Debt 		A: 397600000
MR: -
FA: $397.6 million
FAN: 397600000 		D: 2025-12-02
FD: 2025-12-02 		-
7 RT: Debt
T: -
FT: Debt 		A: 387300000
MR: -
FA: 387.3 million
FAN: 387300000 		D: 2025-10-09
FD: 2025-10-09 		-
8 RT: Debt
T: -
FT: Debt 		A: 650000000
MR: -
FA: $650 million
FAN: 650000000 		D: 2025-08-07
FD: 2025-08-07 		-
9 RT: Debt
T: -
FT: Debt 		A: 100000000
MR: -
FA: $100,000,000
FAN: 100000000 		D: 2025-06-03
FD: 2025-06-03 		7 investors
10 RT: Debt
T: -
FT: Debt 		A: 850000000
MR: -
FA: $850 million
FAN: 850000000 		D: 2025-05-01
FD: 2025-05-01 		-
11 RT: Debt
T: -
FT: Debt 		A: 650000000
MR: -
FA: $650 million
FAN: 650000000 		D: 2025-05-01
FD: 2025-05-01 		-
12 RT: Mortgage-Backed Notes (RMBS Transaction)
T: -
FT: Mortgage-Backed Notes (RMBS Transaction) 		A: 355517432
MR: -
FA: $355,517,432
FAN: 355517432 		D: 2025-03-31
FD: 2025-03-31 		-
13 RT: Debt
T: -
FT: Debt 		A: 850000000
MR: -
FA: $850 million
FAN: 850000000 		D: 2025-02-06
FD: 2025-02-06 		-
14 RT: Debt
T: -
FT: Debt 		A: 650000000
MR: -
FA: 650 million
FAN: 650000000 		D: 2025-02-04
FD: 2025-02-04 		-
15 RT: Debt
T: -
FT: Debt 		A: 150000000
MR: -
FA: 150,000,000
FAN: 150000000 		D: 2025-02-04
FD: 2025-02-04 		7 investors
16 RT: Debt
T: -
FT: Debt 		A: 468088481
MR: -
FA: $468,088,481
FAN: 468088481 		D: 2024-12-12
FD: 2024-12-12 		-
17 RT: Debt
T: -
FT: Debt 		A: 200000000
MR: -
FA: $200 million
FAN: 200000000 		D: 2024-05-21
FD: 2024-05-21 		1 investors
18 RT: Senior Notes
T: -
FT: Senior Notes 		A: 650000000
MR: -
FA: $650 million
FAN: 650000000 		D: 2024-05-20
FD: 2024-05-20 		-
19 RT: Debt
T: -
FT: Debt 		A: 650000000
MR: -
FA: $650 million
FAN: 650000000 		D: 2024-05-20
FD: 2024-05-20 		2 investors
20 RT: Debt
T: -
FT: Debt 		A: 750000000
MR: -
FA: $750 million
FAN: 750000000 		D: 2023-12-06
FD: 2023-12-06 		-
21 RT: Debt
T: -
FT: Debt 		A: 650000000
MR: -
FA: $650 million
FAN: 650000000 		D: 2023-12-06
FD: 2023-12-06 		-
Securitization Latest
2026-02-04
$423.8M
Debt 2026-01-07
$390.2M
Debt 2025-12-18
$75.0M

View 20 more funding rounds with Pro

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

View 3 more growth metrics with Pro

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Team & Leadership

S

Stephanie McGrath

Purchase Loan Officer

Y

Yuri Abrego

Purchase Loan Officer

J

Jimmy Kim

Purchase Loan Officer

B

Bethany McMullen

Purchase Loan Officer

N

Nicholas Bain

Purchase Loan Officer

L

Layal Zoueihed

Purchase Loan Officer

View 55 more team members with Pro

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Recent News

Pennymac Financial Services, Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

View 2 more news articles with Pro

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Finance / Mortgage Lending
Company Size
~1K employees (est.)
Locations
New York, NY
United States

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