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New Penn Launches Non-QM Product

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New Penn Financial LLC has introduced Home Buyer Power, an innovative non-QM loan product that opens up lending opportunities for buyers who may not be the right fit for Qualified Mortgage (QM) loans. The launch makes New Penn one of the first major non-bank lenders to enter this specialized market, which has emerged since stringent new QM requirements went into effect in January 2014.Click to continue


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