Non-Delegated Correspondent

Now Offering Non-Delegated Delivery for FHA, VA, & Shellpoint* (Non-QM) Products

Plus, Non-High Balance Conventional is now available to Correspondents approved for government deliveries!

New Penn Financial's strong capital base allows us to grow and innovate. That's why we're extending the ability to deliver to us as a Non-Delegated Correspondent.

Our Non-Delegated Correspondent Program Provides You With:

  • Dedicated sales and operations support that know your market.
  • Competitive pricing and innovative non-agency programs with our Shellpoint product offering.
    *Owner’s Advantage, Home Key & Homebuyer Power only
    - In NY & CT: Owner’s Advantage is only available for investment properties. Home Buyer Power & Home Key are not available.
  • A Scenario Desk staffed with experienced underwriters ready to help answer your loan qualification questions.

Become A Non-Delegated Correspondent


Products

Our unique combination of financial stability and management experience creates an innovative environment that makes our partners at every level more competitive and successful. New Penn Financial now offers the next generation of Non-Agency mortgage products, in addition to agency programs, giving our partners the ability to serve more customers.

FHA PROGRAM

Not all FHA providers are created equal. We start with the standard FHA guidelines and expand them to a wider range of workable solutions for more families, depending on their needs and circumstances.

FHA Product Matrix


VA PROGRAM

New Penn Financial is committed to helping our U.S. military service members achieve their dream of homeownership. Our VA product features flexible guidelines and a competitive rate.

VA Product Matrix


CONVENTIONAL (NON-HIGH BALANCE) PROGRAM

Many companies limit their conventional loans to 95% LTV - not us. We have expanded our guidelines to reach more borrowers and provide better service. A 97% LTV is just one of the things that makes New Penn Financial's conventional loans a better choice.

Conventional Product Matrix


HOME BUYER POWER PROGRAM

Home Buyer Power is designed for high income, Full Documentation borrowers (self-employed or salaried) with higher DTI's, supplemented by high disposable income or borrowers with high income potential due to their line of work who have not yet established a savings pattern (doctors recently completing their residency, Silicon Valley employees, etc).

Home Buyer Power Product Matrix


HOME KEY PROGRAM

Home Key is designed for borrowers who have suffered a mortgage credit event such as bankruptcy, foreclosure, or short sale, and who do not meet agency guidelines.

Home Key Product Matrix


OWNER'S ADVANTAGE BANK STATEMENT PROGRAM

Owner’s Advantage is exclusively for self-employed borrowers with substantial reserves and a stable income. No tax returns or tax transcripts are required since income is conveniently supported by deposits from either personal or business bank statements.

Owner's Advantage Product Matrix


Resources

Below, find every form you'll need to make sure your loans get approved.

GreenHouse

SELLER GUIDE

 

PurpleForms

COMMONLY USED FORMS

 

GreenPortfolio

SHELLPOINT (NON-QM) PRODUCT FORMS

Owner's Advantage Bank Statement, Home Key and Home Buyer Power Forms

 

ltbluecondo

CONDO FORMS