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PennyMac Loan Services Customer FAQ

Top Answers & How-to Guides

What is PennyMac Loan Services's Phone Number?

The question we are asked most often is about how to talk to PennyMac Loan Services customer service. Click here for contact information, email and chat options, getting a live person, wait times and more.
Ask any question you have about PennyMac Loan Services customer service, get an answer now.

Recent PennyMac Loan Services Customer Questions

Your phone disconnecting me while I’m trying to make a payment

We're sorry to hear that you're having trouble making a payment over the phone. It's possible there may have been a technical error line disrupting the phone connection. In an alternative way, you can make payments through PennyMac's online customer portal if you're having consistent issues with the phone service. Using the online portal, you can make a one-time payment or set up automatic monthly payments. It's a simple and secured way to make your mortgage payments.
Asked Mar 4, 2024 9:34 PM

Help me with my PennyMac Loan Services customer service issue

Loan Types and Options

What types of loans does PennyMac offer?

PennyMac Loan Services provides a wide range of loan options, including conventional loans, FHA and VA government-backed loans,...

What is the maximum loan amount that PennyMac offers?

PennyMac does not enforce a uniform maximum loan amount; it varies based on factors like loan type, borrower qualifications,...

What is the loan repayment term offered by PennyMac?

PennyMac offers various loan repayment terms, including common 15-year and 30-year fixed-rate mortgages, along with...

Are there any prepayment penalties for PennyMac loans?

PennyMac Loan Services typically does not have prepayment penalties, offering borrowers the freedom to pay off loans early...

Loan Eligibility and Criteria

What are the eligibility criteria for a PennyMac loan?

PennyMac Loan Services has eligibility criteria that include a credit score of around 620 for conventional loans, income...

What is the minimum credit score required for a PennyMac loan?

PennyMac Loan Services does not have a universal minimum credit score as it varies by loan type and the borrower's financial...

Are there any special programs for first-time homebuyers?

PennyMac Loan Services provides various programs for first-time homebuyers, including options with lower down payments and...

Application Process

What documents do I need to provide for a loan application?

When applying for a loan with PennyMac Loan Services, borrowers should prepare documents like proof of income, bank statements,...

How long does the loan approval process take?

The duration of the loan approval process can vary, influenced by loan type and borrower circumstances. Generally, pre-approval...

What is the process for applying for a home loan with PennyMac?

The process of applying for a home loan with PennyMac involves several key steps. First, potential borrowers should gather...

How can I check the status of my loan application?

To verify the status of a loan application with PennyMac Loan Services, applicants should check their official website, where a...

Interest Rates and Refinancing

What is the current interest rate for PennyMac loans?

Interest rates at PennyMac fluctuate based on various factors such as loan type, borrower credit, and market conditions. For...

Can I refinance my existing loan with PennyMac?

Yes, borrowers can refinance their loans with PennyMac, which offers various options like cash-out, rate-and-term, and...

Online Management

Can I manage my loan online through PennyMac's website?

Yes, borrowers can easily manage their loans online via PennyMac’s user-friendly portal, where they can check loan details,...

What are the benefits of choosing PennyMac for a mortgage?

PennyMac offers numerous advantages for mortgage seekers, including diverse loan options, strong customer service, efficient...
We look to the PennyMac Loan Services issues that customers have reported to GetHuman to decide which questions are the most common and how much time to spend researching how to solve them.
PennyMac Loan Services issues reported to GetHuman
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