How do I talk to a human at PennyMac?

If you have additional questions or would like to speak with a PennyMac representative, please call (800) 777-4001.

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Likewise, people ask, can I pay my mortgage with a credit card PennyMac?

Can I make my payment with a credit card? At this time, we do not accept payments made with a credit card.

Correspondingly, can you pay a CC with a CC? The short answer is no. Credit card companies don’t allow you to make minimum monthly payments, or to pay off an outstanding balance, with another credit card from a different company. Oftentimes, the fees for these types of transactions are too high for the credit card companies to allow it.

Likewise, how can I pay down my mortgage faster?

Five ways to pay off your mortgage early

  1. Refinance to a shorter term. …
  2. Make extra principal payments. …
  3. Make one extra mortgage payment per year (consider bi–weekly payments) …
  4. Recast your mortgage instead of refinancing. …
  5. Reduce your balance with a lump–sum payment.

How do I file a complaint against PennyMac?

For questions or complaints about your loan, contact PennyMac Loan Services, LLC at 800-777-4001.

How do I get my mortgage from PennyMac?

Sign up to receive your statements online, and get 24/7 access to view, print or download a PDF copy of your statement to save instantly to your computer or device. Plus, setup your account to make one-time or recurring, PennyMac AutoPay payments… It’s simple, log in to get started.

How do I stop PennyMac from calling me?

Visit or call (800) 777-4001 for more info. Text STOP to cancel. Msg & Data Rates May Apply. You will receive up to 3 marketing messages/month.

How long do you have to pay mortgage insurance?

You pay the annual mortgage insurance premium, or MIP, in monthly installments for the life of the FHA loan if you put down less than 10%. If you put down over 10%, you pay MIP for 11 years. » MORE: Is an FHA loan right for you?

Is PennyMac a legit company?

PennyMac’s lender fees include a $1,100 origination fee, rate-lock fee and other closing costs.

Is PennyMac a mortgage company?

Our principal mortgage banking subsidiary, PennyMac Loan Services, LLC (“PLS”), is a non-bank producer and servicer of mortgage loans in the United States. Our principal investment management subsidiary, PNMAC Capital Management, LLC (“PCM”), is an SEC-registered investment adviser.

Is PennyMac part of Bank of America?

PennyMac (PMT) is entering into a loan repo facility with Bank of America (BAC) to help fund newly originated mortgages. The $550 million facility sells the mortgages to BofA, for PennyMac to potentially later repurchase, in a deal fully guaranteed by PennyMac.

What happens if you skip a mortgage payment?

If you miss a mortgage payment you can first expect to be charged a late fee. This fee is calculated as a percentage of your monthly payment amount—generally 3 to 6 percent. … Another consequence of missing a mortgage payment is that your credit score will likely take a hit.

What is PennyMac email address?

Contact & Hours

Main Phone: (833) 769-3710
Options Department Email
#5 Technical Support | POWER Portal [email protected]
Email Only Client Admin (Broker Approvals) [email protected]
*Loans can be locked in the POWER portal until midnight (PT)

Who is PennyMac owned by?

PennyMac operates through two subsidiaries: PennyMac Loan Services, LLC and PNMAC Capital Management, LLC. The latter manages the PennyMac Mortgage Investment Trust (NYSE: PMT), a mortgage REIT.

Type Public company

Why do house payments go up?

Your property taxes going up or down can cause a mortgage payment change. Most people pay their taxes and insurance into an escrow account. … If there’s a shortage in your account because of a tax increase, your lender will cover the shortage until your next escrow analysis.

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