Mortgage by CountyWhat home buyers actually paid, county by county

Independent analysis of official mortgage recordsHMDA 2025 · 7,155,718 applications

Lender profile · HMDA 2025

Pennymac Loan Services, LLC: 2025 mortgage rates, costs & approvals

How Pennymac Loan Services, LLC priced and approved home loans in 2025, measured against every lender in the official HMDA records.

HMDA legal name: PENNYMAC LOAN SERVICES, LLC · LEI RVDPPPGHCGZ40J4VQ731

In 2025, Pennymac Loan Services, LLC originated 69,924 home-purchase, refinance and cash-out loans on owner-occupied single-family homes in 51 states — 6th by volume among the 2,017 lenders profiled here.

On conventional 30-year fixed purchase loans its median rate was 6.624% (all lenders: 6.625%); its median rate spread was 5 basis points above the national median. Median conventional loan costs were $7,320, 31% higher than the national median ($5,570).

It denied 13.6% of completed home-purchase applications (all lenders: 8.5%).

Loans
69,924
of 88,255 applications
Denial rate
13.6%
Purchase · all 8.5%
30-yr fixed rate
6.624%
Conv. · all 6.625%
Loan costs
$7,320
Conv. · all $5,570
Loan amount
$415,000
Purchase · all $335,000
Borrower income
$145,000
Purchase · all $116,000

How Pennymac Loan Services, LLC priced home-purchase loans

Purchase loans, 2025Pennymac Loan Services, LLCAll lenders
30-year fixed rate · conventional6.624%6.625%
30-year fixed rate · FHA6.250%6.250%
30-year fixed rate · VA6.000%6.125%
15-year fixed rate · conventional5.875%5.875%
Rate spread vs. APOR · conventional+0.18 pts+0.13 pts
Total loan costs · conventional$7,320$5,570
Total loan costs · FHA$11,440$11,310
Total loan costs · VA$7,730$6,490
Origination charges (all types)$2,260$1,860
Borrowers paying discount points44.3%51.3%
Points paid, when paid (% of loan)0.53%0.87%
Borrowers receiving lender credits56.8%33.1%

Medians shown with at least 20 loans. A lender's numbers reflect its borrowers (credit, down payment, loan size, location) as well as its pricing; HMDA has no credit scores. Rate spread = APR minus the average prime offer rate on the lock date, which removes most of the effect of when the rate was locked.

Loan mix and borrowers

By loan type

Conventional 43.6% 30,455
FHA 33.4% 23,371
VA 22.8% 15,961
USDA 0.2% 137

By purpose

Home purchase 43.8% 30,627
Refinance 34.6% 24,218
Cash-out refinance 21.6% 15,079
Home value
$495,000
Median, purchase loans
Down payment
10%
All lenders 10%
Refi rate
6.125%
30-yr fixed, conventional
Refi denial rate
12.7%
Cash-out 29.9%

Why Pennymac Loan Services, LLC denied purchase applications

Debt-to-income ratio 37.1% 1,806
Credit application incomplete 19.8% 965
Insufficient cash (down payment/closing costs) 10.5% 513
Collateral (appraisal/property) 9.1% 445
Credit history 9.0% 438
Unverifiable information 8.8% 429
Other 4.1% 201
Employment history 1.6% 76

First reason the lender reported for each denied home-purchase application.

Where Pennymac Loan Services, LLC lends

StateLoansApplicationsPurchase denial rate30-yr rate*Loan costs*
California7,0328,70214.1%6.624%$8,940
Florida6,8758,83616.1%6.624%$8,730
Texas4,7126,14415.7%6.625%$7,930
Georgia3,4144,35714.5%6.624%$6,680
Pennsylvania3,3304,0879.6%6.624%$7,220
North Carolina3,0863,80610.1%6.625%$5,530
Virginia2,5743,24812.0%6.624%$6,960
New York2,1692,72313.5%6.625%$9,170
Tennessee2,1672,76112.6%6.624%$6,610
Ohio2,1462,72412.1%6.750%$5,030
New Jersey1,9672,52215.2%6.750%$10,670
Missouri1,9082,38913.2%6.750%$3,660
Arizona1,8852,35514.6%6.624%$6,790
Illinois1,8662,41618.3%6.750%$6,980
Washington1,7982,14811.6%6.598%$7,690
Maryland1,5852,06415.1%6.624%$6,110
Colorado1,5431,85211.2%6.500%$6,030
Minnesota1,5271,8277.7%6.624%$5,430
South Carolina1,4461,83213.7%6.625%$5,920
Indiana1,3911,77115.2%6.625%$4,150
Michigan1,2931,61913.0%6.750%$4,230
Alabama1,2421,58015.7%6.750%$4,630
Nevada1,0751,33115.6%6.625%$6,160
Kansas9141,10010.7%6.625%$3,400
Wisconsin9041,13513.2%6.875%$3,720
Massachusetts8441,06310.1%6.624%$5,750
Oregon8441,0179.4%6.625%$6,520
Kentucky7931,03517.5%6.750%$4,760
Oklahoma74896813.6%6.624%$4,960
Louisiana74297811.5%6.624%$5,290
Utah73890717.3%6.624%$6,520
Arkansas58179414.0%6.750%$4,140
Connecticut5807288.7%6.750%$8,280
Idaho44753210.4%6.624%$5,830
Iowa42855213.4%6.750%$3,420
Mississippi42358520.1%6.750%$5,580
Nebraska4015236.7%6.750%$3,480
New Mexico37650118.0%6.499%$5,590
Hawaii34942812.8%6.624%$8,100
Delaware27235716.5%6.750%$6,170
West Virginia24533021.7%——
New Hampshire20826512.2%6.750%$5,170
Maine20125510.7%6.875%$5,780
Montana2002498.3%6.624%$6,540
Rhode Island15820611.9%6.499%$6,710
South Dakota1071293.5%6.875%$3,060
Alaska10614020.0%——
Wyoming9512710.0%——
Vermont679216.7%——
North Dakota638714.3%——
District of Columbia597815.2%——

*Conventional home-purchase loans, medians with at least 20 loans. Linked state names open Pennymac Loan Services, LLC's page for that state.

Counties where Pennymac Loan Services, LLC is a top lender

CountyRankLoansMarket share
Jackson County, SD2150.0%
Scotland County, MO2320.0%
Wrangell City and Borough, AK5120.0%
Clinton County, KY2512.8%
Irion County, TX6112.5%
Kiowa County, KS7111.1%
Crockett County, TX9110.0%
Quay County, NM539.4%
San Juan County, CO919.1%
Lee County, GA2468.4%
Blaine County, MT728.3%
Morton County, KS818.3%
Bullock County, AL528.0%
Scott County, KS528.0%
Lac qui Parle County, MN347.8%

Check Pennymac Loan Services, LLC yourself

This is a statistical profile, not a review or recommendation. HMDA data alone cannot show whether a lender complies with fair-lending laws, and a lender's medians depend on the borrowers it serves.

Lenders of similar size

Source: FFIEC/CFPB HMDA 2025 public LAR and filer list. Core segment: owner-occupied, single-family site-built, first-lien, closed-end purchase and refinance loans. Methodology