Meet Penn Johnson, the president of Stamford Mortgage Company, a Division of Ives Bank, and a 40-year veteran of the mortgage lending and real estate industry. In 1996, after ten years with People’s Bank, Penn launched Stamford Mortgage Company. Under his guidance, the business grew from a single-employee company to a team of eighteen, originating over $2 billion in loans and serving more than 4,500 households.
Penn says, “I’m proud of the strong reputation that Stamford Mortgage enjoys with the local real estate community and the many friendships built over the years. We understand we are an important part of a client’s support team; we respond quickly when things come up, and we are resourceful at solving problems.”
“When I meet with clients, I ask a lot of questions to understand their priorities and suggest target price and financing options that meet their goals. Every client and household have different needs and priorities, and I take the time to help our clients sort things out so they can be comfortable that they are buying the right home at the right price.”
Penn works with new and existing homeowners, specializing in jumbo and conventional mortgages, FHA, First Time Homebuyer Programs, and Construction Mortgages. Over the years, he has won numerous awards for his work in the industry and is consistently ranked among the top originators of purchase mortgages in Fairfield County and the State of CT. He was also recognized by Forbes Magazine as one of the top 100 financial professionals in the real estate industry.