PENNYMAC
Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.
At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.
A Typical Day The Home Loan Specialist is an entry level role supporting various Channels. As the Home Loan Specialist, you will act as a key contributor to facilitate efficient and effective processes that support business and customer service objectives.
Review incoming loan files for completeness, accuracy, and compliance with company policies, investor guidelines, and regulatory requirements.
Validate loan structure, including loan program eligibility, product selection, occupancy, property type, and transaction purpose.
Analyze borrower documentation such as income, assets, credit reports, and liabilities to ensure accuracy and consistency.
Identify missing, incorrect, or conflicting information and request appropriate documentation or corrections.
Set up loan files accurately in the loan origination system (LOS) prior to underwriting submission. Ensure disclosures, fees, and credits align with loan structure and compliance standards.
Review appraisals, AVMs, and property documentation for accuracy and guideline alignment when applicable.
Collaborate with Loan Officers, Brokers, Account Executives, and internal teams to resolve issues and prevent delays.
Document clear, concise notes within the loan file to support underwriting review. Adhere to service-level agreements (SLAs), productivity goals, and quality standards.
What You’ll Bring
Strong understanding of mortgage loan products (Conventional, FHA, VA, USDA, Non-QM as applicable). Working knowledge of underwriting guidelines and pre‑underwriting review standards.
High attention to detail and strong analytical skills.
Ability to identify risk, discrepancies, and guideline conflicts early in the process.
Effective written and verbal communication skills.
Strong time management skills with the ability to meet production goals in a fast‑paced environment.
Proficiency with loan origination systems (e.g., Encompass) and mortgage documentation.
High school diploma or equivalent required; college coursework in finance, business, or related field preferred.
1–3 years of experience in mortgage processing, underwriting support, loan setup, or a related role.
Prior experience reviewing income, assets, and credit documentation preferred.
Why You Should Join As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do.
Pennymac is committed to conducting a business that makes positive contributions and promotes long‑term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported.
Benefits That Bring It Home Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include:
Comprehensive Medical, Dental, and Vision
Paid Time Off Programs including vacation, holidays, illness, and parental leave
Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
Retirement benefits, life insurance, 401k match, and tuition reimbursement
Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
To learn more about our benefits visit: https://pennymacnews.page.link/benefits
For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information
Compensation Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:
Lower in range - Building skills and experience in the role
Mid-range - Experience and skills align with proficiency in the role
Higher in range - Experience and skills add value above typical requirements of the role
Some roles may be eligible for performance‑based compensation and/or stock‑based incentives awarded to employees based on company and individual performance.
Salary $39,000 - $55,000
Work Model OFFICE
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Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.
At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.
A Typical Day The Home Loan Specialist is an entry level role supporting various Channels. As the Home Loan Specialist, you will act as a key contributor to facilitate efficient and effective processes that support business and customer service objectives.
Review incoming loan files for completeness, accuracy, and compliance with company policies, investor guidelines, and regulatory requirements.
Validate loan structure, including loan program eligibility, product selection, occupancy, property type, and transaction purpose.
Analyze borrower documentation such as income, assets, credit reports, and liabilities to ensure accuracy and consistency.
Identify missing, incorrect, or conflicting information and request appropriate documentation or corrections.
Set up loan files accurately in the loan origination system (LOS) prior to underwriting submission. Ensure disclosures, fees, and credits align with loan structure and compliance standards.
Review appraisals, AVMs, and property documentation for accuracy and guideline alignment when applicable.
Collaborate with Loan Officers, Brokers, Account Executives, and internal teams to resolve issues and prevent delays.
Document clear, concise notes within the loan file to support underwriting review. Adhere to service-level agreements (SLAs), productivity goals, and quality standards.
What You’ll Bring
Strong understanding of mortgage loan products (Conventional, FHA, VA, USDA, Non-QM as applicable). Working knowledge of underwriting guidelines and pre‑underwriting review standards.
High attention to detail and strong analytical skills.
Ability to identify risk, discrepancies, and guideline conflicts early in the process.
Effective written and verbal communication skills.
Strong time management skills with the ability to meet production goals in a fast‑paced environment.
Proficiency with loan origination systems (e.g., Encompass) and mortgage documentation.
High school diploma or equivalent required; college coursework in finance, business, or related field preferred.
1–3 years of experience in mortgage processing, underwriting support, loan setup, or a related role.
Prior experience reviewing income, assets, and credit documentation preferred.
Why You Should Join As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do.
Pennymac is committed to conducting a business that makes positive contributions and promotes long‑term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported.
Benefits That Bring It Home Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include:
Comprehensive Medical, Dental, and Vision
Paid Time Off Programs including vacation, holidays, illness, and parental leave
Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
Retirement benefits, life insurance, 401k match, and tuition reimbursement
Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships
To learn more about our benefits visit: https://pennymacnews.page.link/benefits
For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information
Compensation Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:
Lower in range - Building skills and experience in the role
Mid-range - Experience and skills align with proficiency in the role
Higher in range - Experience and skills add value above typical requirements of the role
Some roles may be eligible for performance‑based compensation and/or stock‑based incentives awarded to employees based on company and individual performance.
Salary $39,000 - $55,000
Work Model OFFICE
#J-18808-Ljbffr