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Specialties
Your home is your biggest investment. It’s important to work with the right mortgage company to protect that investment. When financing your home, you need an experienced, reputable company and an licensed agent who gives you facts, not opinions. You need to find the right loan with a great rate, and you need to get it closed — quickly. This is what New American Funding can offer you.
Giving you added security
As an FHA Direct Endorsement (DE) and Government Approved direct mortgage lender, we offer you the safety and security you’re looking for in home financing. We have helped thousands of customers buy a new home or refinance over the last decade, earning us an A rating with the Better Business Bureau.
Taking out the middle man
We’re a direct mortgage lender, not a broker. That means no middle man and no broker fees. We handle the entire loan process in-house from processing to underwriting and finally funding your loan.
Finding the right loan for you
Whether you’re buying a home or looking to refinance, we offer a variety of loan options, including FHA Home Loans, VA Loans, Fixed Rate and Adjustable Rate Mortgages, Conventional Loans, Jumbo Loans, Reverse Mortgages and more.
Ask about our fast, on-time closings
We are an all-inclusive mortgage banker. From origination to funding, our processors, underwriters and funders all work under one roof, creating a cohesive team that enables us to close loans fast.
History
Established in 2003.
New American Funding, a national mortgage banker, was founded by Rick and Patty Arvielo in 2003. With Rick’s expertise in marketing and technology, and Patty’s extensive mortgage background, New American Funding quickly became one of the fastest growing mortgage bankers in the industry.
One of the biggest events in New American Funding history occurred in October of 2010 when the company became an approved Fannie Mae Seller/Servicer, allowing the company to offer borrowers government-backed loans. In November of 2012, New American Funding became an approved Freddie Mac Seller/Servicer, and not long after, was also approved to be a Ginnie Mae Seller/Servicer.
Today, with well over 1,400 employees, 72 nationwide branches, a servicing portfolio of over $ 6 billion, and funding over $ 550 million per month, New American Funding is at the height of their game.