Company Profile

Chartered in 1974 to originate, close and service real estate mortgages, Davis-Penn Mortgage Co. has been a leader the FHA industry for over 40 years. As a privately owned, full service, nationwide mortgage lender, Davis-Penn is a HUD approved MAP Lender and a GNMA seller-servicer with a servicing portfolio of over $1 billion.

David A. Sellars, President, CEO, Chairman of the Board of Directors

As President, CEO and Chairman of the Board of Directors, David A. Sellars is actively involved in all phases of the management and operation of Davis-Penn; overseeing its strategic initiatives, leading loan originations, administering quality control procedures, supervising construction servicing and asset management, and promoting the company's culture.

Here at Davis-Penn, our staff of FHA experts are dedicated to providing developers and owner’s financing solutions for the construction, refinance, acquisition or substantial rehab of their projects. Our team of experts guides our clients from concept to closing and through construction completion into servicing.

Closing over $175 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.

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.