New American Funding, founded by Rick and Patty Arvielo, is a mortgage lender dedicated to helping individuals and families achieve homeownership. The company's mission is to provide accessible and supportive mortgage solutions, with a strong emphasis on community and customer service. They pride themselves on their passionate team and their commitment to making the home buying process smooth and positive for clients across the nation. New American Funding operates as a reliable mortgage bank, managing the entire loan process from origination to funding, and believes in strengthening communities by enabling more people to purchase homes.
New American Funding boasts an impressive customer rating of 4.9/5 based on over 269,000 reviews, and a specific branch rating of 4.95/5 based on 671 reviews. This high level of customer satisfaction is a testament to their dedication and expertise in the mortgage industry. They are recognized as a Top Rated Mortgage Lender, highlighting their consistent performance and reliability. Their team of underwriters and funders are considered among the best, ensuring efficient loan closings and a positive client experience.
New American Funding offers a comprehensive range of loan products designed to meet diverse homebuyer needs. These include Conventional Loans with down payments as low as 3%, FHA Loans allowing for a 3.5% down payment, and VA Loans with no down payment required, specifically for veterans and active-duty military. Beyond traditional loans, they offer innovative solutions like NAF Cash, which enables buyers to make true cash offers, potentially saving them money and providing certainty in their purchase. The Pathway to Homeownership initiative provides up to $6,000 in assistance for qualified first-time homebuyers in select areas, which can be combined with other programs for maximum support.
New American Funding distinguishes itself through its customer-centric approach, evidenced by exceptionally high customer review scores. Their Pathway to Homeownership initiative offers significant financial assistance to first-time buyers. Furthermore, their NAF Cash program provides a competitive edge for buyers by facilitating cash offers, streamlining the closing process, and potentially reducing costs. The company's commitment to innovation and accessibility in mortgage lending sets them apart.
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