Mortgage Network, Inc. announced Stephen Balbi has joined the company’s Exton, Pa., branch as a loan officer. In his new role, Balbi will help residents throughout southeast Pennsylvania fulfill their homebuying or refinancing goals, the company announced in a release.
Balbi is a long-time Bucks County resident and most recently, he served as a home loan consultant with Univest. Prior to that, he was a loan officer at Eagle Home Mortgage and E Mortgage Management.
“Stephen has strong roots in the community, knows the local housing market inside and out, and has extensive experience providing home financing in the area,” Joe Nelson, sales manager at Mortgage Network, said in the release. “We’re delighted to welcome a true professional like Stephen to our team. He will be of great value to our customers.”
Balbi indicated that the local housing market is gathering momentum heading into spring.
“There are multiple offers on homes in our market, especially at first-time buyer prices,” he said. “We have great small communities with outstanding school districts and easy access to Philadelphia, with all the sport and cultural attractions the city has to offer.
“There’s an increasing number of financing programs available for all types of buyers,” Balbi added. “I encourage anyone interested in buying a home, or homeowners wondering if refinancing might help with their financial goals, to first speak to a trusted mortgage professional to go over the options available for them.”