New Penn Financial
Banking11-50 Employees
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Recent Technological Collaborations New Penn Financial has partnered with prominent software providers like INTEGRA Software Systems and LoanScorecard to enhance loan automation and underwriting processes, indicating an openness to adopting advanced fintech solutions.
Market Expansion Efforts The company's recent hiring of senior loan officers and opening of new offices, such as in Portland, demonstrate ongoing growth initiatives and opportunities for sales in regional expansion and local market penetration.
Product Innovation Focus Launch of innovative products like SmartFunds and integration with automated underwriting systems showcase their commitment to modernizing offerings, presenting opportunities for financial technology and data-driven service providers.
Acquisition and Ownership Since acquisition by New Residential Investment Corp in mid-2018, the company is likely pursuing strategic growth and operational efficiencies, making it a viable prospect for partnership around efficiencies and scalable mortgage solutions.
Industry Positioning Operating within the competitive mortgage lending sector with a revenue range of $10M to $25M and a focus on non-QM loan markets, New Penn Financial presents opportunities for specialized services in niche financial products and mortgage automation.
New Penn Financial uses 8 technology products and services including Facebook Pixel, AngularJS, Chart.js, and more. Explore New Penn Financial's tech stack below.
| New Penn Financial Email Formats | Percentage |
| FLast@newpennfinancial.com | 96% |
| First.Last@newpennfinancial.com | 2% |
| LFirst@newpennfinancial.com | 2% |
Banking11-50 Employees
Learn about working at New Penn Financial. Join LinkedIn today for free. See who you know at New Penn Financial, leverage your professional network, and get hired.
New Penn Financial's revenue is estimated to be in the range of $10M$25M
New Penn Financial's revenue is estimated to be in the range of $10M$25M