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Pennymac TPO

One of the largest loan servicers in the U.S. — a long-standing Loan Factory partner known for pricing incentives.

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~$1T
Servicing portfolio
7+ yrs
Loan Factory partnership
Stable
Retains loan servicing
Jumbo
Strong jumbo products

About Pennymac

Pennymac is one of the biggest mortgage servicers in the country, with a servicing portfolio approaching $1 trillion in unpaid principal balance. That scale gives it stability and consistent pricing incentives.

Loan Factory has worked with Pennymac for more than seven years. Because Pennymac retains servicing on many of its loans, borrowers often benefit from continuity — and from Pennymac’s competitive jumbo offerings that many wholesalers can’t match.

Why borrowers choose them

Consistent pricing incentives for brokers and borrowers
Retains servicing — continuity after your loan closes
Strong jumbo and high-balance product line
Well-rounded coverage across loan types

Loan programs offered

ConventionalFHAVAJumboHigh balanceInvestor
How it works
You apply through Loan Factory — not Pennymac directly.

Pennymac is a wholesale lender, available only through a broker. We shop them alongside 230+ others and place your loan wherever the total cost is lowest.

See your rate
$2,000 Best Price Guarantee

Close with any lender for a lower combination of rate, fees, and mortgage insurance and we send you a $2,000 check.

Other lenders in our network

View all 230+
UWMWholesaleRocketPro TPONewrezWholesaleCarringtonMortgage
NMLS #320841 · Equal Housing Lender · Licensed in 48 states
Pennymac TPO — Loan Factory lender network