We all know how limited mortgage
products have become in recent years. While we applaud the
industry-wide move back to safety and sanity in lending practices -
we think the lessons of the past can inform us about the mortgage
products of the future. That's why New Penn Financial, together
with Shellpoint Partners, is creating signature, non-agency
mortgage products - to make the dream of home ownership available
to more qualified borrowers.
Here are just a few of the programs available. Please check
regularly with your New Penn mortgage consultant to see what
new programs we've added that might suit your unique needs.
Flexibility: Core Product Series
With today's stringent lending requirements, many credit-worthy
borrowers just miss government and agency loan criteria. And yet,
they may have pristine credit histories. Perhaps they are
self-employed, or have some other extenuating circumstance that
keeps them from getting a loan. New Penn is now offering more
flexible solutions for such borrowers to purchase first
and second homes with loan amounts of $100,000 to $2
million.
Specialty: Plus Product Series
This series exists to serve the true specialty markets that have
been all-but-left behind in recent years:
Real Estate Investors can purchase new
properties or get cash-out with flexible income and
documentation options. Learn More
Foreign nationals with valid passport and visa
and strong credit histories are eligible to purchase their piece of
the American Dream with this program. Learn More
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