Stephen Balbi

Company’s newest loan officer says the area housing market is gaining momentum heading into spring

DANVERS, MA – January 9, 2019 – Mortgage Network, Inc., one of the largest independent mortgage lenders in the eastern U.S., announced Stephen Balbi has joined the company’s Exton, Pennsylvania branch as a loan officer. In his new role, Balbi will help residents throughout southeast Pennsylvania fulfill their home buying or refinancing goals. 

Balbi (NMLS #170358) is a long-time Bucks County resident. 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. Balbi grew up in Willow Grove and Warrington, Pennsylvania, and has lived in Perkasie for the past 14 years. He attended Penn State University and later Gwynedd Mercy University, where he graduated magna cum laude with a Bachelor of Science in business administration. He is a member of the Pennridge Chamber of Commerce and serves as vice president of the Pennridge chapter of Business Network International (BNI). 

“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,” said Joe Nelson, sales manager at Mortgage Network. “We’re delighted to welcome a true professional like Stephen to our team. He will be of great value to our customers.” 

Balbi said 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.”

He added “There’s an increasing number of financing programs available for all types of buyers.  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.”

Balbi can be reached via email at or by phone at (267) 261-6823.  He can also be followed on Facebook at or on LinkedIn at

About Mortgage Network, Inc.
Mortgage Network, Inc. is one of the largest, privately held independent mortgage companies in the eastern U.S., with more than 40 branch offices and licenses in 27 states. The company offers a flexible menu of agency direct, portfolio and jumbo solutions and is backed by its proprietary, award-winning technology and a commitment to help mortgage professionals grow their business. Year after year, more than 98 percent of Mortgage Network customers and referral sources say they would recommend the company to family and friends. Based in Danvers, Massachusetts, Mortgage Network was founded in 1988 by Robert McInnes and can be found online at and on Twitter at 


Henry Drennan
Strategic Vantage Marketing & Public Relations
(615) 497-8358