New Penn Financial Ranks in the Top 20 Among Mortgage Lenders Nationally

July 11, 2013

PLYMOUTH MEETING, PA - June 10, 2013 - New Penn Financial, LLC has been named one of the nation's top mortgage lenders according to the recently released Scotsman Guide 2012. New Penn was ranked #18 in Top Overall Volume among mortgage lenders nationally. In addition, New Penn ranked #12 in Top Wholesale Volume, #20 in Top Retail Volume and #10 in Top Volume Gain, 2011 to 2012.

Established in 2008, New Penn has prospered during very challenging times for home sales and mortgage lending. Guided by mortgage-veteran leadership, the company's customer-centric products and service, delivered through multiple business channels, enabled the strong growth.

"From day one, our focus has been on the total customer experience," said Jerry Schiano, CEO of New Penn Financial. "Our rapid growth is a direct reflection of our extremely competitive rates on a broad portfolio of mortgage products, coupled with outstanding customer service. We are proud to be recognized as one of the top mortgage lenders in the country."

Scotsman Guide, a leading resource for mortgage originators, released its first annual Top Mortgage Lenders rankings on June 1. The list, which ranks the nation's top mortgage-lending companies, appears in Scotsman Guide's June 2013 residential edition.

Recognized as one of the 500 fastest-growing companies of 2012 by Inc. Magazine, New Penn Financial continues its robust growth in 2013 as the company originated $3 billion in loans during the first five months of the year. As a result, New Penn is opening new locations and hiring additional staff across the U.S. New Penn now operates 41 local offices in 20 states and is licensed in 46 states.

"Rather than a one-size-fits-all approach, we've focused on putting customers in mortgages that best fit their situation, "said Brian Simon, New Penn's Chief Operating Officer. "Growth is natural when you put customers first."

For assistance in navigating the best options for home loans, New Penn Financial provides mortgage experts who can be reached by calling 888-673-5521.

About New Penn Financial

New Penn Financial has become a leading nationwide lender by bringing expertise, extremely competitive rates on a broad portfolio of mortgage products, and exceptional customer service under one roof. Founded in 2008, and licensed in 46 states, the company and its reputation have grown rapidly under the guidance of a management team with years of experience in the mortgage industry. New Penn is headquartered in Plymouth Meeting, Pennsylvania and operates over 40 branch offices nationwide. New Penn is a Shellpoint Partners company.