1. Service More Customers
With New Penn’s Products!
Agency &
Government Programs:
Conventional
Financing up to 97% LTV
FHA
Minimum 3.5% down with
Minimum FICO; DTI per AUS
Fixed Rate Mortgages
Custom Loan Terms Available
Anywhere from 10-30 Years
Adjustable Rate Loans
Varies by Loan Type
VA Mortgages
100% financing
Investment IRRRLs accepted
203(k) Streamline Loans
Facilitate home improvements.
USDA
No money down loans for those
in designated rural areas
H.A.R.P. 2.0
Ends December 31, 2015
Portfolio Programs:
Jumbo Advantage
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Up to $2 million loan amounts
• 85% LTV to $1.0 million owner
o
Fixed Rate Only
ccupied; No MI Requirement;
• 80% LTV to $1.5 million owner
occupied
• 75% LTV to $1.0 million second
homes
• Up to 43% debt-to-income
Home Buyer Power
• A
• Debt-to-Income Offering up to 55%
• Interest Only Available
• Non-Warrantable Condos
• Open to First Time Homebuyers
• Expanded Timeline for Use of
Projected Income
Non-QM to help qualified borrowers
in a strict regulatory environment
Home Key
• For borrowers recovering from a
credit event
• Higher DTI Offering - up to 50%
• Min. FICO 620
• Owner Occupied, Fixed Rate
Mortgages Only
Max $35,000 including any
fees paid out of pocket.
Call us today to learn
about New Penn’s
Loan Programs
P RODU C T S
© New Penn Financial, LLC All rights reserved.
All loans are subject to credit and property approval. Programs,
rates, terms and conditions are subject to change without notice.
Other restrictions apply. New Penn Financial, LLC, 4000 Chemical
Road, Suite 200, Plymouth Meeting, PA 19462. Corp NMLS#:
3013. Licensed by the Department of Corporations under the
California Residential Mortgage Lending Act. CO: To check the
license status of your mortgage loan originator, visit http://www.
dora.state.co.us/real-estate/index.htm. GA - Georgia Residential
Mortgage Licensee. IL: Illinois Residential Mortgage Licensee. KS:
Kansas Licensed Mortgage Company. New Penn Financial, LLC is
licensed in Massachusetts as a Mortgage Lender. Massachusetts
Mortgage Lender License: License Number: ML-3013. MS: Licensed
by the Mississippi Department of Banking and Consumer Finance.
NH: Licensed by the New Hampshire Banking Department. NJ:
Licensed by the N.J. Department of Banking and Insurance. NY:
Licensed Mortgage Banker–NYS Department of Financial Services.
OR: Oregon License Number: ML-4667. PA: Licensed by the PA
Department of Banking. VA: Virginia State Corporation Commission
(License Number: MC-5119). WA: Washington Consumer Loan
Company Licensee.
Name
Phone
Email
NMLS#: