405 views
New Reviewer
0 comments
stars-rating-full stars-rating-full stars-rating-full stars-rating-full stars-rating-full
1.0

Looking for a home loan? One of your options should be not to ever contact PennyMac!

When you think they are servicing your account by paying for your homeowners insurance straight from your escrow account, they are not. They pretend to contact you to let you know they are "unable" to reach your homeowners insurance company and they place a forced insurance plan on your house that is 7x the normal amount. Dad was paying $344 a year for insurance.

Since they pretended to contact him and his insurance company and "were unable to make contact" he now pays $2100 a year. You should be ashamed to call yourself a company for the people and I feel sorry for everyone who works there that scams hardworking homeowners on the daily.

Reason of review: Problems with payment.

Preferred solution: Full refund.

Location: 112 Lakeview Canyon Rd Suite 130, Thousand Oaks, CA 91362, USA

Do You Have Something To Say ?
Write a review

Comments

chat-icon

Please avoid publishing any personal information and promotional content

You will be automatically registered on our site. Username and password will be sent to you via email.
Post Comment

Pennymac Reviews

  1. 271 reviews
  2. 66 reviews
  3. 24 reviews
  4. 9 reviews
  5. 9 reviews
Pennymac reviews