New Penn Financial Expands Into Reno, NV, Naming Dereck Bowlen Branch Manager

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New Penn Financial has hired Dereck Bowlen to lead the private mortgage lender’s second Nevada office.

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Dereck Bowlen

“Since this is our first venture into the Reno market, we thought it was very important to have someone who is well known and respected in the local mortgage industry.”

New Penn Financial announced today the hiring of Dereck Bowlen http://www.newpennfinancial.com/dbowlen as Branch Manager in Reno, Nevada. A 25-year veteran of the mortgage industry, Dereck has been recognized as a top producing loan originator throughout his career. Dereck has lived in Reno for 40 years and is a graduate of University of Nevada, Reno.

“Reno is new territory for New Penn Financial,” said Mr. Bowlen. “I was unfamiliar with the company’s brand, and learned a great deal during the recruitment process. They stand out in terms their vision for customer service – both in creating a superior customer experience and in providing alternative product solutions.”

The company originates under the New Penn Financial name and through multiple subsidiaries and joint ventures, including Shelter Mortgage Company. “Since this is our first venture into the Reno market, we thought it was very important to have someone who is well known and respected in the local mortgage industry,” said Corey Caster, Senior Vice President of Shelter Mortgage. “I think that the combination of our loan products with Dereck’s regional experience and reputation will prove to be a strong combination. We look forward to serving the Reno market.”

About New Penn Financial

New Penn Financial® continues to assemble deeply experienced and highly seasoned industry leaders making us one of the fastest growing lenders in the nation. As a direct lender and servicer, we have positioned ourselves to be able to provide loans that serve a variety of scenarios. This allows us to assist more customers while maintaining the highest compliance standards and ensuring great customer service at every stage. Our leadership has successfully and strategically directed their teams to be prosperous during the downs of a challenging economy while capitalizing on the potential of a robust one. This depth of wisdom and focus on quality allows us to innovate with confidence, develop superior products, provide exceptional

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Aubrie Cusumano
New Penn Financial
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