NFM Lending in Downtown Allentown Expanding Thanks to Stellar Start

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ALLENTOWN, PENNSYLVANIA _ November 14, 2019 — Since NFM Lending opened a new branch in Downtown Allentown, its Mortgage Loan Originators have helped to close hundreds of loans and is looking to add more loan originators to accommodate its rapid growth.

The new branch, an extension of its Lake Harmony location, at 122 North 5th Street, opened in May under the management of Maria Mangual and Robert Scolnick.

Three loan originators were hired in July: Jason Krosecz, Melina Santana and Rolando Pineda. Mangual, Santana and Pineda are bilingual and can communicate in Spanish to provide clients with a complete understanding of the loan process.

The new branch also employs two loan processors.

With mortgage rates at historic lows, it’s a great time to buy, Mangual said. “The Lehigh Valley is growing, and home values will only increase.”

Lending Platforms

The branch focuses its lending platform throughout the Lehigh Valley area and New Jersey. NFM Lending offers Conventional, FHA, VA, USDA, FNMA, Jumbo, and many other loan options to fit every borrower’s need.

Some of the programs that NFM Lending specializes in are:

  • The Pennsylvania Housing Finance Agency (PHFA or the Agency) which offers home purchase loans with competitive interest rates and lower fees. In addition to the PHFA first mortgage, some applicants may qualify for down payment and/or closing cost assistance through the Keystone Advantage Assistance Loanor the HOMEstead Program.
  • Fannie Mae Home Ready Program which offers a 97% loan-to-value ratio with reduced monthly mortgage insurance.
  • FHA 203(k) which enables homebuyers and homeowners to finance both the purchase (or refinancing) of a house and the cost of its rehabilitation through a single mortgage or to finance the rehabilitation of their existing home.

The office also may be able to arrange FHA and VA loans for people with credit scores of as low as 580. “Very few lenders are able to work with clients whose scores are that low,” Mangual said.

Treat Clients as Family

NFM Lending is a direct lending company with its own underwriters, closers and funders. The branch’s goal is to provide the same commitment and dedication to borrowers ranging from first time homebuyers, to seasoned buyers looking for their next home, a second home, or investment properties. “We treat clients as an extension of our family and find the best program that fits their needs,” Mangual said.

Office hours are Monday through Friday 8:30 a.m. to 5 p.m. The office number is 800-385-6930, but staff is available seven days a week and happy to share personal cellphone numbers with clients.

Scolnick runs the Lake Harmony office and he oversees operations at the Allentown office. He can be reached at 443-956-6446. The Allentown branch currently has openings for qualified Mortgage Loan Originators for full and part-time positions. The branch offers excellent compensation and benefits for its employees, Mangual said.

For more information please contact:

Maria Mangual
Branch Manager
NMLS# 146893


About NFM Lending

NFM Lending is a mortgage lending company currently licensed in 37 states in the U.S. The company was founded in Baltimore, Maryland in 1998. NFM attributes its success in the mortgage industry to their steadfast commitment to customers and the community. NFM Lending has firmly planted itself in the home loan marketplace as “America’s Common Sense Residential Mortgage Lender.™” For more information about NFM Lending, visit, like our Facebook page, or follow us on Instagram.


Information provided to TVL by:
Beth W. Orenstein