About Frank
I am here to assist you with all your mortgage needs. I will
help you consider a whole range of factors regarding your lending
needs whether you're purchasing your first home, a second home or
refinancing. I will make every effort to simplify the lending
process with step-by-step guidance from application to closing.
I am committed to providing you with the best customer service
available. If you want to get started on a home loan, contact me
today.
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
What Clients Say
"My wife and I were looking to refinance our home in order
to save some money. Being on fixed incomes it was getting more
difficult to meet the expenses of the month. We went searching for
an institution in which we could make this happen. We went to
several sites on the Internet and filled out some questionnaires.
Needless to say we were deluged with response, we tried to call and
get an idea of our options and were told several times to fill out
a detailed questionnaire. Finally an e-mail arrived from New Penn.
It gave a phone number and fax that we could contact. I told my
wife and we agreed to try a phone call. Was pleasantly surprised
when Frank Carr answered the phone and said he would be glad to
help. Well this took me a little aback because he stayed on the
phone with me for over a half-hour and went over several options
that were available to us. I got off the phone and conferred with
my wife on the options. She was skeptical at first and had a lot of
questions. We called back to Frank and he answered all the
questions right then and there. In lieu of them coming to the
house, we agreed to go to their office as it was not that far away
and saved us money. We went to the office and filled out some paper
work for the refinancing. From that moment to the closing there was
no difference in the numbers Frank quoted at the beginning to the
end. All in all it took about 15 business days to complete all the
necessary paper work. We only had to return one more time to sign
all the final paper work. We closed on a Wednesday and our check
for the difference was in our bank account the following Monday.
This was the MOST pleasant and professional experience we have had
in doing business about mortgages. My wife and I highly recommend
New Penn for your financial needs. Very honest and up front with
all charges and things you need to close a deal." -
Norvel and Marie F., Philadelphia, PA
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