Press & News
Some of the latest headlines on our products and services, leaders, company growth, and more.
New Penn Financial Sponsors Philadelphia Bike Race
National mortgage lender New Penn Financial, LLC today announced its sponsorship of the Philly Cycling Classic to be held June 2, 2013.
Tips To Determine Whether to Refinance Your Home Mortgage
With interest rates hitting record lows, homeowners across the country continue to refinance their mortgages. According to the Mortgage Bankers Association, applications for mortgage refinancing increased 8% between the second and third weeks of January alone.
Mortgage Rates Approach All-Time Lows
With mortgage rates dropping to historic lows and government initiatives making it easier to restructure housing loans, homeowners and new homebuyers are making moves to save substantial money on their biggest investment. According to New Penn Financial, LLC , a national mortgage lender, this could be a once-in-a-lifetime opportunity.
New Loan From New Penn Financial Ups The Ante In The Jumbo Mortgage Market
National mortgage lender New Penn Financial, LLC today announced the addition of its Shellpoint Select jumbo mortgage to the company’s product portfolio.
New Penn Financial Earns 310 Ranking On The Inc. 500
Inc. magazine has ranked national mortgage lender New Penn Financial, LLC number 310 on its annual Inc. 500 list of the fastest growing private companies in the U.S.
New Penn Financial to Participate in the New HARP Program
Leading mortgage lender New Penn Financial, LLC announced it will participate in the newly enhanced Home Affordable Refinance Program (HARP).
New Penn Financial Announces Expanded Guidelines For Portfolio Investor Product
Expanded Investor Loan Program provides greater options for real estate investors.
New Penn Financial Launches Non-Agency Portfolio Programs
New Penn Financial, LLC, a nationwide lender, has introduced a portfolio of new mortgage programs designed to fill the gap where Agency and Government programs end.
Shellpoint Partners Acquires New Penn Financial
Shellpoint Partners LLC, a specialty finance company, announced today that it has completed the acquisition of New Penn Financial, LLC, a leading originator of FHA/VA and Agency Conforming loans, based in Plymouth Meeting, Pennsylvania.
New Penn Financial Launches New Division Focusing on FHA 203(k) Rehabilitation Loans
Leading mortgage lender New Penn Financial, LLC has launched a new funding division to aid homebuyers interested in homes in need of repair, which are often discount priced. By offering the Federal Housing Administration's 203(k) loan, New Penn enables individuals to unlock opportunities in the rehab market that may have been inaccessible with a conventional bank mortgage.