Business Details
22 Years
experience
Your Trusted Mortgage Broker in Portland, ME
Since 2004, I have dedicated my career to helping Mainers and Floridians achieve homeownership through personalized mortgage solutions. With over two decades of experience and a track record of assisting 1,000+ families, my approach combines deep industry expertise with a client-first philosophy. I specialize in VA, FHA, USDA, and One-Time Close Construction Loans, offering tailored strategies to meet diverse financial situations. My team prioritizes transparency, guiding clients through every step from pre-approval to closing with clarity and confidence.By leveraging advanced lending technology and maintaining a 95% approval rate through customized plans, I ensure a streamlined process that saves clients an average of $10,000 through strategic refinancing. My commitment to excellence is reflected in direct, 7-day-a-week support and a focus on empowering clients to make informed decisions that align with their long-term goals.
Services
VA Loans
FHA Loans
USDA Loans
Construction Loans
Smart Pre-approvals
Mortgage Refinancing
Down Payment Help
Details
- Year established: 2004
Highlights and features
- We offer 20+ years of experience guiding homebuyers through mortgage processes.
- Our team provides tailored loan strategies for VA, FHA, and USDA programs.
- We guarantee a 95% approval rate through personalized financial planning.
- Our clients save an average of $10,000 with smart refinancing solutions.
- We deliver fast approvals backed by direct, 7-day-a-week professional support.
What people say
Excellent service
Professionalism and expertise
Fantastic experience
Happy homeowner
Smooth and stress-free
Services
VA Loans
VA Loans provide $0 down payment options for veterans and service members. These loans eliminate monthly PMI requirements and offer flexible credit standards. As a local VA loan expert, I guide clients through eligibility verification, paperwork, and pre-approval. The process includes tailored strategies for income and credit profiles, ensuring veterans maximize their benefits while navigating competitive housing markets with confidence.
FHA Loans
FHA Loans require as little as 3.5% down payment with lenient credit requirements. Designed for first-time and repeat buyers, these loans include upfront and monthly mortgage insurance premiums. I assist clients in structuring deals to reduce costs, verifying property compliance, and securing approvals even with past credit challenges. Local expertise ensures smooth transactions in Maine's housing market.
USDA Loans
USDA Loans enable zero-down payment purchases in eligible rural areas. Over 90% of Maine qualifies for this program, which includes income limits and property safety standards. I help clients verify eligibility, navigate income requirements, and complete pre-approvals. The process covers property inspections, upfront guarantee fees, and tailored strategies for first-time and repeat buyers seeking affordable financing.
Construction Loans
One-Time Close Construction Loans combine land purchase, construction financing, and permanent mortgages into a single transaction. This approach locks in interest rates upfront and avoids multiple closings. I coordinate with builders to manage draws, ensure compliance with program guidelines, and facilitate seamless transitions to 30-year fixed-rate mortgages upon project completion, reducing costs and complexity.
Smart Pre-approvals
Smart Pre-approvals analyze income, credit, and debt to create customized loan strategies. The process identifies qualifying loan programs, clarifies down payment requirements, and addresses potential obstacles. I provide step-by-step guidance to secure pre-approval letters that strengthen buyer positions in competitive markets, ensuring clients understand their budget and financing options before house hunting.
People
Travis Penny
Mortgage Broker
With over 20 years of experience, Travis Penny specializes in VA, FHA, and USDA loans for Maine and Florida homebuyers. He has helped 1,000+ families achieve homeownership through personalized strategies, a 95% approval rate, and an average client savings of $10,000 through refinancing expertise.
Questions
What loan programs do you specialize in?
I specialize in VA Loans for veterans, FHA Loans for first-time buyers, USDA Loans for rural properties, and One-Time Close Construction Loans for new home builds in Maine and Florida.
How does the Smart Pre-approval process work?
The Smart Pre-approval analyzes your income, credit, and debt to create a personalized loan strategy. This includes identifying qualifying programs, clarifying down payment needs, and issuing a pre-approval letter to strengthen your homebuying position.
Do you serve clients outside of Maine?
Yes, I serve clients in both Maine and Florida, providing tailored mortgage solutions for veterans, first-time buyers, and construction projects across these states.
What credit score is required for approval?
Credit requirements vary: VA Loans accept scores as low as 500 with explanations, FHA Loans require 580+ for 3.5% down, and USDA Loans typically prefer 640+. Flexible guidelines apply to all programs.
How long does the mortgage process take?
Standard loans close in 30-45 days. One-Time Close Construction Loans take 6-12 months depending on build timelines. I streamline approvals using direct lender partnerships and digital processing tools.
Reviews (5)
Heather Troidl
Oct 02, 2026
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We worked with Travis Penny at Vision Mortgage on our recent home purchase. Our financing was more complicated than a straightforward mortgage, with self-employment income, documentation challenges, and a few stressful hurdles before closing. We appreciated Traviss help navigating the process and getting us across the finish line.
Buying a home is stressful enough, and having someone who can work through a complicated situation makes a real difference. Thank you, Travis, for helping us get into our new home!
Buying a home is stressful enough, and having someone who can work through a complicated situation makes a real difference. Thank you, Travis, for helping us get into our new home!
Zsuzsa Cook
Oct 01, 2026
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Travis was so helpful in my mortgage process. He was always very quick to respond and communicate, and went above and beyond for me. Thank you Travis!
Bridgette Snow
Jul 21, 2026
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Working with travis was like opening a pack of Welch's Fruit Snacks- pure excitement, never disappointing, and somehow the best part of my day. 10/10, would trust with my mortgage and my last pack of fruit snacks.
Dewey Kopenga
Jun 27, 2026
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Travis Penny is the real deal. My wife and I needed a DSCR loan and most lenders either didn't know how to structure it or didn't want the hassle. Travis knew exactly what to do. He walked us through the numbers, set expectations up front, and delivered exactly what he said he would, on time, no surprises. As a Realtor, I see a lot of lenders. Travis is in a different tier. He's responsive, he's honest about what's possible and what's not, and he treats every client like their deal is the only one on his desk. If you're looking for a lender who actually gets investment financing done right, call Travis. He's earned the name "The Home Loan GOAT." I highly recommend Travis
Denise Kopenga
Jun 19, 2026
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We worked with Travis on a DCR loan and he made the transaction go so smoothly. We had a few issues personally and he got us through it and made it happen!
