Larry (Lawrence) Siegel - Email & Phone Number

Jacksonville, Florida Area

Florida

Non- QM Account executive

East Coast

New Penn Financial has become a leading nationwide lender by bringing expertise, extremely competitive rates on a broad portfolio of mortgage products, and exceptional customer service under one roof. Founded in 2008, and licensed in 48 states, the company and its reputation have grown rapidly under the guidance of a management team with years of experience in the mortgage industry. Headquartered in Plymouth Meeting, Pennsylvania with over 140 branch offices nationwide, New Penn has been recognized by multiple business and industry publications, including the Inc. Magazine 500/5000 lists of fastest growing private companies, Scotsman Guide top U.S. mortgage lenders, and Mortgage Executive Magazine’s list of 50 Best Companies to Work For. New Penn now employs over 1,800 employees and serves thousands of customers each month. We offer all the vanilla products (Conv, VA, FHA, USDA, DU Refi Plus, LP Open Access, HomeReady) AND we have also developed a series of portfolio loans. These loans are underwritten, funded and serviced by us. We currently offer this on a wholesale and correspondent basis. Here are some of our overall highlights Find Us at www.GoNewPenn.com

30+ States

Non-Prime Residential 24 month Bank Statement programs up to 90% LTV No 4506Ts Only Primary Wage Earners FICO used (middle score) Asset Depletion for income. Total liquid assets divided by 84 months = monthly income We accept any AMC and previously completed non AMC appraisals 500 FICOs accepted for purchase or cash out refi Loan Amounts up to $3,000,000 Condotels in resort areas Non-Warrantable Condos No Reserves Required Outside Dodd-Frank Residential Programs Stated Loans for: Business Purposes Foreign Nationals Investment Properties (1 – 4 family); Self Employed or W2 Borrowers! Loan Amounts from $100,000 to $1,000,000 Fix and Flip loans for Investors (SIVA) No Reserves RequiredMaggi Loans (Alt A) up to $3,000,000 Great for Wage Earner – 2 Years W2s and YTD Paystub, S/E 24 bank personal statements. No 4506T 2 Years Only seasoning for Bankruptcy, Foreclosure, Short Sale & Deed-in-Lieu Up to 90% LTV with No PMI with 700+ FICO ($150,000 - $749,999) 70% LTV to $3,000,000 with 650+ FICO Purchase Owner Occupied Only 6 or 12mo. Reserves Required Second Mortgages to $500,000 Up to 85% CLTV Full Doc down to 550 score 24 month bank statements with a 600 minimum score 50% DTI Up to $1,000,000 combined loan balance No seasoning on short sales and 1 year for Foreclosure’s and BK’s*Ask me about our Stated Income/Verified Asset Program for O/O up to $3,000,000!!Contact: Larry Siegel / Account ExecutiveEmail: larrys@CitadelServicing.com / Cell: 904-338-5570

Jacksonville Fl

Jacksonville, Florida Area

Jacksonville, Florida Area

Miami Area

Orlando, Florida Area

As National leader in this new lending arena we were tasked with educating Orlando's brokers on the benefits of Sub prime lending. By redistricting the area, hiring better people, and personally growing the business myself, I was able to turn the branch around. We went from funding $1,200,000 per month to $10,400,000 in one year.I moved up in the company to take on the responsibilities of a larger market

Bachelor Of Arts

Activities and Societies: I worked as security and bartender at the great Southern Music Hall. I was a member of the ROTC unit. I worked.

Bachelor Of Arts (B.A.), General Studies