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REO Properties for Sale

Buying a PennyMac-owned property is a great way to get more for your money. Foreclosed or REO (Real Estate Owned) properties are typically priced below their actual market value and offer great incentive for homebuyers. Here you can search for properties by price range, location and property type.


Requesting Information

If you would like information on a specific property or would like to arrange a showing, please contact the Listing Agent at the telephone number indicated for that property. NOTE: We require all PennyMac listing agents to register with RES.NET.

Looking for REO financing? Get a personalized rate quote.
Want to learn more? Visit our Learning Center.


Equal Housing Opportunity Equal Housing Opportunity © 2008-2025 PennyMac Loan Services, LLC, 3043 Townsgate Rd, Suite 200, Westlake Village, CA 91361, 818-224-7442. NMLS ID # 35953 (NMLS Consumer Access). Trade/service marks are the property of PennyMac Loan Services, LLC and/or its subsidiaries or affiliates.

Arizona Mortgage Banker License # 0911088. Licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act. Colorado: Regulated by the Division of Real Estate. Colorado office: 700 17th St, Suite 200, Denver, CO 80202, (866) 436-4766. Georgia Residential Mortgage Licensee #33027. Illinois Residential Mortgage Licensee # MB.6760595. Massachusetts Mortgage Lender License # ML35953. Minnesota: This is not an offer to enter into an agreement and an offer may only be made pursuant to Minn. Stat. §47.206 (3) & (4). Licensed by the N.J. Department of Banking and Insurance. North Carolina Permit No. 104753, 112228. Rhode Island Lender License # 20092600LL. Washington Consumer Loan License # CL-35953. For more information, review PennyMac's state licenses and important notices. Loans not available in New York. Some products may not be available in all states. Information, rates and pricing are subject to change without prior notice at the sole discretion of PennyMac Loan Services, LLC. All loan programs subject to borrowers meeting appropriate underwriting conditions. This is not a commitment to lend. Other restrictions apply. All rights reserved.