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Mortgage Lender

Our Story

New American Funding is one of the largest privately-owned direct mortgage lenders in the nation. Headquartered in Orange County, California, the company is dedicated to helping other families and individuals improve their quality of living through homeownership. Rick and Patty Arvielo founded New American Funding by combining their expertise to create an innovative business that quickly grew from its humble beginnings into a top national mortgage lender and an industry powerhouse.

Leveraging technology and streamlined operations, the Arvielos created a highly efficient lending process that has resulted in industry-leading loan closing times. Rick used his technical aptitude to design the New American Funding business model around timesaving software, while Patty provided crucial insights from her extensive mortgage background and hands-on mentorship to lead a top-performing workforce that share her passion for the community and drive to succeed.

We have continued our acceleration as a mortgage company by utilizing innovative technology such as a suite of mobile apps, featuring GoGo LO, an on-the-go version of New American Funding’s proprietary CRM software. GoGo LO increases productivity for our loan officers and makes their job faster and easier, offering them a virtual office experience anywhere in the field.

Rick continued New American Funding’s forward momentum by capitalizing on his expansive marketing knowledge to spearhead the development of state-of-the-art marketing including a full in-house production studio for cutting-edge videos and an in-house print facility for high-quality, customized printing.

Along the way, the New American Funding has also created a legacy of inclusion. The workforce has grown to 4,500+ based on the tremendous growth of the organization as a diverse workforce comprised of 59% women, 45% minorities, and 39% Millennials. To help ensure employee growth, the company has two mentorship programs in place. These allow our work family to openly share their goals and aspirations for potential advancement in the company and to experience more intensive, personalized guidance from the executives. For its efforts, the company continues to be recognized with numerous local and national top workplace awards.

As the leadership has maintained a forward-looking approach, New American Funding formed the Latino Focus Committee in 2013 to address the challenges Hispanic consumers face in their pursuit of home ownership. The committee upholds a passion for serving the community by participating in volunteer work and coordinating educational events for Latino Americans. The goal from the beginning has been to enhance the quality of their lending experience.

New American Funding is 44% ahead of the industry in lending to minorities and 76% ahead of the industry in lending to Hispanics. Interestingly, 19% of our home purchase loan volume is to Hispanic borrowers with the industry average being 8.5% based on 2019 HMDA data.

In 2016, the company created the New American Dream initiative with a goal of raising awareness and increasing homeownership in Black communities by building consumer confidence through home buyer education programs and increasing accessibility to a variety of loan programs. Through this initiative, Black families can realize that owning a home is an achievable goal.

Over 17 years later, New American Funding has continued to operate from its foundational principles, which has enabled us to employ about 4,500+ individuals, establish 174 nationwide locations, and maintain a servicing portfolio of over 214,000+ loans for $56 billion. In addition, we are a Fannie Mae, Freddie Mac, and Ginnie Mae direct mortgage lender, seller, and servicer that is licensed in 49 states across the nation with branches in 32 states. We have become a leader in the home loan lending industry by combining a streamlined loan process with cutting-edge technology to create an exceptional loan experience for customers. We have achieved tremendous business success in a short time frame and believe our family-like culture that emphasizes teamwork, unity, and fun is what truly sets us apart.

But that’s our story. We are really interested in your story and your dreams—whether it’s the potential of more financial freedom through a refinance or the joys of homeownership. How can we help you today?

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