Inc. magazine has ranked national mortgage lender New Penn Financial LLC number 310 on its annual Inc. 500 list of the fastest growing private companies in the U.S. New Penn offers its customers some of the lowest rates available, responsive customer service and a broad range of mortgage products that meet the needs of more borrowers. New Penn earned its Inc. 500 ranking based on a significant growth rate over three years. To be considered for the list, companies must be U.S. based, privately held and independent (not company subsidiaries or divisions).
Established in 2008, New Penn has prospered during very challenging times for home sales and mortgage lending. Guided by mortgage-veteran leadership, the company’s customer-centric products and service, delivered through multiple business channels, enabled the strong growth.
“Rather than a one-size-fits-all approach, we’ve focused on putting customers in mortgages that best fit their situation, “ said Rob O'Han, senior vice president of sales. “Growth is natural when you put customers first.”
Inc. Editor-in-Chief Eric Schurenberg noted that companies on the 2012 list “had to thrive through three of the toughest years this economy has seen in living memory.”
“It is an honor to be listed among organizations like Publix Supermarkets, CDW, Levi Strauss, and Facebook," said Jerry Schiano, New Penn’s president and chief executive officer. "Our tremendous growth, fueled by the benefits that we have provided consumers since day one, demonstrates our ability to understand and satisfy consumer mortgage needs.”