• Report: #1046143

Complaint Review: NEW PENN FINANCIAL

  • Submitted: Thu, April 25, 2013
  • Updated: Thu, April 25, 2013

  • Reported By: Selene Victim — Virginia Beach Virginia
Plymouth Meeting, Pennsylvania United States of America


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New Penn Financial is a mortgage lender.     All of their loans that they do for you will be sent to SELENE FINANCE for servicing.  Selene Finance has an "F" rating on the BBB and is not accredited.  They have nightmare customer testimonials all over the interent.   While New Penn Financial seems to be fairly competent in doing your refinance , I seriously question their leadership and decision making by having a company like SELENE service all of the loans they write.      If you are considering refinancing with New Penn Financial,   word to the wise, you better do your research on their servicing brance which is SELENE FINANCE.    The testimonials from customers is scary to say the least.  Incompetence and greed seemed to be what I take from all the customer reviews I've read of the Internet.  But a BBB rating of "F" is the worst you can get.  NOT GOOD.   I would suggest stay far far far away from New Penn Financial as your loan will be immediately turned over to Selene Finance and you will have to deal with them for the next 30 years .......scary thought from my research. 

This report was posted on Ripoff Report on 04/25/2013 10:59 AM and is a permanent record located here: http://www.ripoffreport.com/r/NEW-PENN-FINANCIAL/Plymouth-Meeting-Pennsylvania-/NEW-PENN-FINANCIAL-SELENE-FINANCE-SELENE-FINANCE-WILL-SERVICE-ALL-NEW-PENN-FINANCIALS-LOAN-1046143. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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