Pennymac NMLS #35953
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Who is Pennymac?
Pennymac (NMLS #35953) is a lender listed in the NMLS registry. FreeRateUpdate publishes this review alongside current mortgage rates, a rate finder, and mortgage calculators.
Key Facts
- Lender or brokerPennymac
- NMLS #35953
- Verified by FreeRateUpdateCompany name and NMLS ID, checked against NMLS on
- In the FreeRateUpdate network since
- Profile updated
- Biography reviewed byPaige Sutton, NMLS #1888684 ()
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Reported application outcomes and pricing, 2025
- Filed asPENNYMAC LOAN SERVICES, LLC
- 2025 home loan decisionsOf 128,550 applications decided by PENNYMAC LOAN SERVICES, LLC in 2025, 100,816 were originated, 3,963 were approved but not accepted by the borrower, and 23,771 were denied.
- Approval rate: approved (originated plus approved but not accepted) as a share of applications decided (approved plus denied) = 81.5%. Withdrawn, incomplete and purchased loans are not counted.
- Withdrawn, incomplete and purchasedBeyond the decisions above, 17,520 applications were withdrawn by the borrower, 47,737 were closed for incompleteness, and 293,228 loans were purchased from another lender. HMDA counts these as outcomes in their own right — withdrawn before a decision, closed with no decision reached, and a purchased loan is one bought from another lender — and none of them is a lending decision.
- Median rate spread0.241 percentage points above the average prime offer rate (reported on 98,266 originations, 2,550 reported no spread at all — a median of what was reported, not of everything originated)
These are reported outcomes from past applications, and on their own they do not show how this lender treated any borrower.
Reported closing costs, 2025
- Median total loan costs$6,420.34 — originated closed-end household loans, 2025, 94,444 loans. FFIEC HMDA data browser.
- Median origination charges$2,510.94 — originated closed-end household loans, 2025, 94,444 loans. FFIEC HMDA data browser.
- Median lender credits$1,172.38 — originated closed-end household loans, 2025, 50,463 of 94,444 loans. FFIEC HMDA data browser.
- About these figuresThese are historical closing costs reported in the 2025 filing, not a quote for your loan.
Reported product mix, 2025
- Loan types60,054 Conventional, 24,044 FHA, 16,581 VA, 137 USDA — of 100,816 reported originations, 2025. FFIEC HMDA data browser.
Evidence read October 20, 2026
Source: FFIEC HMDA data browser, 2025 filing. Historical HMDA-reported application outcomes and pricing fields for PENNYMAC LOAN SERVICES, LLC — historical outcomes for the applications it decided. This is not a statement of any consumer's likelihood of approval and not a current rate quote.
SEC filings
Parent company PennyMac Financial Services, Inc. reported these SEC-filed figures. PennyMac Financial Services, Inc. is the consolidated parent of PennyMac Loan Services, LLC (NMLS 35953).
- Total assets$29,912,086,000
Figures from the parent company's 10-Q for the period ended September 30, 2026 (accession 0001104659-26-121982).
About Pennymac
Overview
Pennymac is a mortgage company that works with borrowers on home loans and with existing customers after a loan is active. The company separates new-loan support from account-management support, including resources for payments, tax and insurance information, and payment assistance.
Mortgage options
Pennymac offers home purchase loans, home refinance loans, cash-out refinancing, home equity loans and HELOCs. Its mortgage options include conventional loans, adjustable-rate mortgages, jumbo loans, FHA loans, VA loans, USDA Streamlined-Assist refinance loans and investment property loans.
Locations
Pennymac has 22 branches in Arizona, California, Florida, Hawaii, Missouri, North Carolina, New Jersey, Nevada, Tennessee and Texas.
Company details and licensing
Pennymac's legal entity is PennyMac Loan Services, LLC, a limited liability company formed in Delaware, United States on February 25, 2008. Supported trade names include Pennymac, Townsgate Servicing and Pennymac TPO.
The company is headquartered at 3043 Townsgate Road, Suite 200, Westlake Village, California 91361. Its NMLS company ID is 35953. Licensing is verifiable through NMLS Consumer Access.
Verify NMLS #35953 on NMLS Consumer Access
Sources
Sources last checked . These are the outside records this profile was written from. FreeRateUpdate is not affiliated with them, and they have not reviewed, endorsed, or approved FreeRateUpdate or this page.
Formation date and trade names come from NMLS Consumer Access, looked up rather than cited from a dated record. FreeRateUpdate is not affiliated with NMLS, and NMLS has not reviewed, endorsed, or approved FreeRateUpdate or this page.
Frequently Asked Questions
What is Pennymac's NMLS number?
Pennymac's NMLS number is 35953. You can look up its license status on NMLS Consumer Access, at nmlsconsumeraccess.org.
Has FreeRateUpdate verified Pennymac's NMLS ID?
Yes. We checked Pennymac's company name and NMLS ID against the NMLS record on September 19, 2026. They've been in our lender network since December 2020. That confirms who the company is. It isn't an endorsement, and it doesn't check their license in any particular state.
Where can I learn more about Pennymac?
This page has Pennymac's NMLS identity, which we verified, and its company details, with links to the records they come from where we have them. For its license status in a particular state, check NMLS Consumer Access.