The Coast News Group
Dave Pennington, his wife, Nancy, and their daughter Alexis on vacation. Courtesy photo
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Real estate housing market constantly changing

In Southern California the real estate housing market is constantly changing, but one thing has stayed the same. The market moves fast. Many homes get multiple offers, some with waived contingencies at or above asking price regardless of market value. According to Redfin the average home in the region sells in just 16 days! Working with a local mortgage lender can give buyers an advantage when it comes to closing the deal.

Dave Pennington of RPM Mortgage in Encinitas specializes in residential mortgages, and works with buyers on a variety of different loan styles including FHA, VA, conventional and refinance loans for single family homes, condos, townhomes and even multi-family units. With 18+ years of experience as a loan advisor, a 5-star rating from hundreds of customers on Yelp, Google, Zillow and Facebook, and having been honored for eight years as a 5-Star Mortgage Professional by San Diego Magazine it is fair to say Dave is an expert when it comes to the loan process in San Diego County.

When asked what one piece of advice he’d give a consumer starting their loan process he said, “Work with a local, reputable lender to help you get your offer accepted, and someone that can close quickly and efficiently.” Pennington is also a licensed real estate broker which enables him to see and understand the details of his customer’s purchase from offer to closing making for a quicker process.

As an RPM loan advisor, Dave will examine your goals and financial profile then work to provide you with a financial plan complete with your pre-approval loan options. According to Pennington, being pre-approved before beginning your home search is essential. It will help you establish your budget, and enable you to make an offer with the confidence that you’ll be able close with the speed required in the Southern California marketplace.

Dave isn’t just a local loan advisor, he and his family moved from South County to Cardiff in 2008, and just a bit further north to Encinitas in 2010. For more than a decade he has lived and worked in the community making the ins and outs of the local real estate market old hat for him. His local experience combined with the size and strength of RPM Mortgage can be a useful asset for home buyers looking to close on their new dream home quickly.

RPM Mortgage, a division of LendUS, has funded over $45 billion in loans since 2007 according to They  have been family owned and operated since the beginning. Their customers are their sole focus, and they combine ultra attentive service with advanced tech to provide the most detailed information in easy to understand terms.

With interest rates especially low right now homeowners are finding themselves in the middle of the biggest refinancing boom, possibly ever! Refinancing is all about discovering new opportunities to achieve your goals faster. Dave and RPM Mortgage can help you consider all of your options including switching to a shorter term loan to enable a faster payoff, using your existing home equity to get rid of the mortgage insurance attached to your current loan, accessing your home equity to remodel, or reduce your interest rate and monthly payments.

To learn more about RPM Mortgage, and what Encinitas Branch Manager Dave Pennington can offer you as a homebuyer, or homeowner looking to refinance, go to