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Company Profile | DAVIS-PENN MORTGAGE CO., Houston, TX

Company Profile

Davis-Penn Mortgage Co. is a Texas Corporation chartered in 1974 to originate, close and service real estate mortgages. For over 40 years Davis-Penn Mortgage Co. has provided financing for construction, refinance, acquisition and substantial rehab through the FHA/HUD insured loan programs.  Davis-Penn Mortgage Co. is a leader in the industry and is dedicated to providing developers and owner’s non-recourse, long-term fixed rate financing for their projects nationwide. Averaging over $150 million annually in multifamily financing transactions, we serve developers and owners looking to build, rehab, refinance or acquire multifamily and healthcare communities, and have expertise in financing market rate and affordable housing, including 4% & 9% tax credits, Section 8, RAD and LIHTC Pilot transactions.

As a privately owned, full service, national mortgage lender, Davis-Penn Mortgage Co. is a HUD approved MAP lender and a GNMA seller-servicer with a servicing portfolio of over $900 million.

Davis-Penn Mortgage Co. is an active member of the National Multifamily Housing Council, Mortgage Bankers Association of America, Texas Mortgage Bankers Association, Texas Affiliation of Affordable Housing Providers, Texas Apartment Association, Houston Apartment Association and Southwest Mortgagee Advisory Council. The Company is located in Houston, Texas at 12650 N. Featherwood, Suite 120, Houston, Texas 77034.