Advertiser Disclosure: Wirly may receive compensation when you click lender links. This does not affect our rankings, which are based on publicly available data and editorial review. See our methodology.
Chase vs PennyMac
Side-by-side refinance comparison based on public data and CFPB records.
Quick Comparison
| Feature | Chase | PennyMac |
|---|---|---|
| Wirly Rating | 4.2/5 | 4.1/5 |
| Min. Credit Score | 620 | 620 |
| Loan Types | Conventional, FHA, VA, Jumbo | Conventional, FHA, VA, Jumbo |
| Best For | Existing Chase customers | Existing PennyMac borrowers |
Pros and Cons
Chase
Pros
- +Rate discounts for existing Chase banking customers
- +Nationwide branch network for in-person support
- +Strong reputation and financial stability
Cons
- -Less competitive rates without relationship discounts
- -Approval process can be slower than online-only lenders
- -No USDA loans
PennyMac
Pros
- +Simple refinance process for current PennyMac customers
- +Competitive rates on conforming and government loans
- +No in-person visit required
Cons
- -Limited branch locations
- -Less competitive for jumbo or non-conforming loans
- -Online tools are functional but not best-in-class
Ready to see your numbers?
Use our free calculators to see exactly how much you could save with either lender.
This comparison is for educational purposes only and does not constitute financial advice. Rankings reflect publicly available data and editorial evaluation. Wirly is not a lender or mortgage broker. See our methodology.