New Penn Financial is a direct lender based in Plymouth Meeting, PA. The company was founded in 1996 and offers mortgage refinancing to borrowers in 50 statess across the USA (and Washington, DC).
Mortgage refianancing loans start at $50000 and go up to $3000000
The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. New Penn Financial offers mortgages refinancing with terms ranging from 10 to 30 years.
Yes, New Penn Financial may charge a loan origination fee.
Yes, New Penn Financial charges additional fees to borrowers who pay off their home loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
New Penn Financial offers the following mortgage programs:
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. New Penn Financial allows the following property usage types:
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