Karen Putnam

About Karen

With over 14 years in the financial industry, Karen brings a wealth of knowledge to guide you with your mortgage needs. She is experienced in all areas of the purchase and refinance of your home with a strong emphasis on always doing the right thing for each customer. She understands the importance of each and every customer. Her attention to detail and effective communication style ensures a smooth transaction for everyone. 

Karen is committed to providing to you the best customer service available by simplifying the lending process into step-by-step guidance from application to closing. Contact her today to find out options for you!

Lending Specialties

New Penn offers the top mortgage products available in the market today. With low down payments, low interest rates, and reduced closing costs, our loan programs can help improve your financial situation.  Some of our most popular product include:

• Fixed rate mortgages: 30, 20, 15 & 10 year terms available
• Adjustable rate loans: 10/1, 7/1, 5/1, 3/1
• Jumbo loans: Borrow up $3 million with competitive rates
• FHA loans: Provides more flexibility in credit, income and equity/down payment requirements
• Interest only loans: Available through New Penn's proprietary loan programs
• VA loans: Mortgages for Veterans and Active Military
• Renovation loans: Facilitate home improvements
• Real Estate investor loans: Flexible financing to refinance or purchase investment properties

Tools and Calculators

Below are mortgage calculators to help you answer personal mortgage financing questions:

Monthly Savings Calculator

This calculator helps you determine if now is the right time for you to refinance.

Monthly Payment Calculator

Use this calculator to determine your monthly payment based on your loan amount and interest rate.

Rent vs. Buy Calculator

Are you better off buying a home, or should you continue renting?

Loan Comparison Calculator

Use this tool to compare mortgage loans.

These calculators are only meant to estimate results based on the information you enter. They do not take into account all factors that you should consider when choosing a mortgage, nor can we guarantee that the terms you enter reflect terms actually offered by New Penn Financial.

What Clients Say

"Thanks so much for all of your hard work to get out mortgage refinance in place. You went above and beyond to help us out and we really appreciate it." - Nicole and Chris

"Thank you so much for all your help in purchasing our first home! You were nice, honest, and knowledgeable. We are so appreciative that you do your job well and were so on top of everything (especially with us purchasing a short sale). I don't think we could have picked a better team for our first home purchase. We'll definitely recommend you to our friends and family." - Courtney and Marc

"Thanks again for taking good care of us once again!" - Bryan