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Doug Silverman PP

Doug Silverman

Senior Mortgage Consultant

NMLS# 324685
4000 Chemical Road
Suite 200
Plymouth Meeting, PA 19462
484-594-1377
484-594-1877

About Doug

My name is Doug Silverman and I am a Senior Mortgage Consultant with New Penn Financial. I counsel individuals and families in all facets of mortgage lending. This includes refinancing to a lower rate or payment, getting cash to pay-off debts, purchasing a new home or paying off the home quickly. I am passionate about helping my customers achieve their goals and dreams.  I have been in the real estate finance business now for about 9 years. My experience, customer service and knowledge allow me to create win-win scenarios for my customers. I look forward to earning your trust and your business.

I graduated with a Bachelor of Arts degree from York College of Pennsylvania.

I started my professional career with Centex Home Equity, a leading sub-prime lender, back in 2002 as a relationship manager. I have also been a commercial mortgage consultant for Interbay Funding before starting my own mortgage company, The Grindstone Group, LLC, in 2008. Each of these opportunities allowed me to help homeowners, business owners and investors obtain the real estate financing they needed.

When I am not helping my clients, I enjoy spending time with my wife, daughter and newborn son.

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

Calculator_specialistpageBelow 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

"I have been through the refinancing process several times. The experience with my mortgaeg consultant, Doug Silverman, and the New Penn Financial team was the best by far. Thanks so very much. I will, for sure, recommend you to my friends." - J.W.

"I just refinanced my house with New Penn Financial and the entire process could not have been easier. My loan officer, Doug Silverman, was prompt, attentive, and very thorough. He just seemed like a regular guy, not someone trying to pressure or sell me anything. I appreciate the great service and I would highly recommend using Doug and New Penn to all of my friends and family" - Jason B.

"Doug, thank you for the excellent service. Your professionalism, responsiveness, attention to detail and follow-up (without being a "nag") helped us to secure a competitive loan in a very short period of time. It was a pleasure to work with you. Thank you for helping us achieve our objectives." - J. P.

"Doug, we appreciate your hard work and efforts through this process. I know I was a "little" demanding at times but you kept your professionalism the entire time. Michelle and I want to thank you for your efforts. With our financial position and credit scores, we had our choice of lenders and we are confident we made the right choice." - T. C.

"Seeking to refinance through anything but a major bank was a bit frightening at first. However, our mortgage consultant Doug, and New Penn Financial, made the process easy and took any worries away. Job well done." - Tom E.

"Doug: my wife and I wanted to thank you for making the re-financing process so easy and quick for us. You exceeded our expectations by staying on top of the information flow to us and managing the application internally at New Penn, which expedited our closing! We have recommended you and New Penn to several colleagues who are looking for mortgages, and will do so in the future as well. Thanks again." - C.M.

"Thanks, Doug. It was very easy working with you. We appreciate the smoothness with which this transaction took place." - S.A. 

"Recently my wife and I realized we needed to refinance our current mortgage but weren't looking forward to the lengthy ordeal. Our consultant, Doug Silverman, eased us through the experience. He was patient with us, answered our questions, sometimes the same question twice, and showed real professionalism throughout the entire process." - J.F.

"Recently my wife and I realized we needed to refinance our current mortgage but weren't looking forward to the lengthy ordeal. Our consultant, Doug Silverman, eased us through the experience. He was patient with us, answered our questions, sometimes the same question twice, and showed real professionalism throughout the entire process." - Brad G.

"Doug, thank you so much for your hard work and integrity. I will recommend you and your company as conversations allow." - Tim S.

"Doug, thanks for getting this deal done. You did a great job working through all the hurdles!" - E.E.

"In seeking to refinance my home after a Chapter 13 bankruptcy, I was at a loss. Thanks to the excellent help and guidance from Doug Silverman at New Penn Financial, I was finally able to accomplish my goals. Now I am basically debt-free." - Bob S.

"We have sought to refinance before but never could find the right plan for us. Doug, at New Penn Financial, not only found the right plan for us but he also helped us to refinance quickly and pain free. Awesome job Doug!" - Annie and Dan R.

"Doug, it was really a pleasure working with you throughout this arduous process. We had contacted several others regarding refinancing, but you were the most responsive and proactive. And once the process began you were always there for us... to answer our questions, to explain in terms we could understand what was happening and what each of the many documents was for, to suggest and discuss alternative approaches, etc. We believe you made the entire process as easy as it possibly could be, and we had complete trust in you. Thank you again for everything. We will not hesitate to recommend you to friends or family who are considering refinancing." - Bill and Peggy Z.

"I am very happy that we chose to refinance our mortgage with New Penn Financial. Our consultant, Doug Silverman was right on top of everything and made the process quite smooth, painless and lucrative for us. Outstanding customer service! Way to go New Penn team! I am very satisfied!" - Jennifer B.

"I want to thank New Penn Financial and especially Doug Silverman for the help they provided us in refinancing our home. It was a pleasure to do business with them. We will be recommending them to anyone we hear is looking for a mortgage." - Delores and Robert W.

"Only because the New Penn Financial consultant, Doug, was diligent and determined, did we refinance our home mortgage. After responding to an email offer, we were annoyed by all the come-on's, phone calls and overly-zealous lenders that inundated us. Our communications with Doug, however, were clear and concise - no hard sell, no pressure - just a comprehensible, streamlined process that will end up saving us thousands of dollars. We were very happy with the outcome." - Robert and Rhonda W.

I am licensed in the following states:

  • Maryland
  • New Jersey
  • Pennsylvania
  • Virginia