New Penn Financial LLC has announced it has nearly doubled the size of its wholesale sales force with the addition of three regional sales executives and nearly 30 account executives from the wholesale division of Green Tree Servicing LLC, a lender based in Fort Washington, Pa. Green Tree recently closed their wholesale mortgage division, which provided an opportunity for New Penn to hire these individuals.
With the addition of the new team members, New Penn’s wholesale division now counts close to 70 sales executives across the country.
“We saw an opportunity to bolster our wholesale sales team and went after it,” said Brian Simon of New Penn Financial. “These individuals will nicely complement our existing team and enable us to significantly expand our market share while offering our products to more customers across the country.”
The three regional sales executives oversee large territories across the United States. Wells Constantine will cover Northern California and the Northwest; Zeenat Zonte, Southern California and the Southwest; and Tony Petronio, the Northeast and Midwest. The 28 additional account executives are based across the country.
Licensed in 47 states, New Penn has forged a national industry presence built on competitive rates, exceptional customer service, and healthy lending practices. Since its founding in 2008, New Penn has funded over $14 billion in loans and provided mortgages for borrowers on more than 60,000 loans.