As one of the largest privately-owned direct mortgage lenders in the nation, New American Funding is dedicated to helping families and individuals improve their quality of life through homeownership. Headquartered in Orange County, California, NAF has quickly grown to become a leader in the home loan industry.
Painful and unpleasant process. Loan officer - Cheryl was uncommunicative, changed rates multiple times, and could not delivered rate as originally quoted. The whole process was painful, and almost missed closing and funding deadline. Would NOT recommend anyone to use NAF.
This company gave us an inflated amount of our home's value when we were trying to get a loan. We followed all of the company representative's suggestions and paid $1K toward a credit card to bring our credit score a bit higher, and then $540 for an appraisal - our home value came in low and the loan fell through - after paying out more than $1500! Very disappointing and totally avoidable if our home value had been accurately measured at the onset. My experience was that they were very friendly and confident up front but in the end, it was like, "oh well." If you hire this company, do your home value research yourself, including determining the comps in your area over the past 6 months.
The initial contact was great but then the experience went south and they kept lying. Do not use. Run away.
I would avoid this company if you can. The person I dealt with was really shady and I was going to go with him and New American and then a mortgage broker contacted me and offered to have me look at my loan to give me the opportunity to shop around. They gave me a counter offer and then I asked for a revised loan estimate and what I got back was all wrong. So I completely lost all trust in Greg and when I questioned it, he was scrambling and I could tell he was just being shady and lying because he just didn't want to lose the loan. And now it has been a nightmare getting my loan and appraisal transferred because of how unprofessional this company is. He said it would take longer to close if I didn't go with them but it's because they were difficult for simply the reason that I went with a different deal. So oh well if it takes a few extra days when I know I can at least trust the other company I went with. So go with New American if you want to deal with someone that is dishonest and talks out of their ass to cover their own ass!
What can I actually say that would be positive about the final treatment I received from a very rude and unprofessional service. After jumping through every hoop that was thrown up in the air, knowing the predicament we were in, only to be treated as if I was worse than pond scum. The loan Officer never even tried to help us get a new home to move into, instead made it so we became homeless. The worst part was that he came up with thee most ridiculous excuse that I had ever heard as to why he would not send our information to the underwriters. So now, here we are, homeless and that is NOT ok! We found housing that was far below from what we were originally pre-qualified for, but that still did not matter because my husband did not have check stubs from employment in Pennsylvania. In order to start the job he has waiting for him, we needed a place to move to. Several people were made aware of our situation but in the end it did not matter. I will deter anyone and everyone that I can from using this service. Just because I would really hate to see another family become homeless just we have been forced to do. Thanks but no thanks!!!
Nick & Rachel are amazing. Knowledgeable and professional in every way. They made the process very easy. Closed in 30 days better terms than quoted in beginning. Very accessible. I recommend them
Dean and the New American Funding Team provided me with the process and helped me lower my monthly payment for the loan. Dean was on top of his game continually keeping me appeased with the process and where it stood in the grand scheme of things. He provided me with valuable feedback, options as well as acting as the liaison between me and the rest of the Mortgage process teams.
Outstanding service and attention to detail. Great bank
Bryan and Crystal is what made this experience great! They were so responsive and worked hard to get my closing done! They answered and explained every question that I had.
I had been working for months trying to get a loan for my house with another place and new American gave me a call and changed everything, they were beyond helpful answering all my questions as this was my first time buying a house. They were amazing and so helpful. Kat was always there if I had a question or a concern. Iβll definitely be recommending them to others. They made it so easy.
Smooth, easy process. Both my loan officer and loan processor were knowledgeable and efficient. Very smooth easy process. Both were easy to reach and very helpful.
Everything was great! Kyle was cordial and professional. He made sure to contact me various ways anytime a change came up to make sure I always knew everything. His entire team was timely and I closed in less than 45 days, and he called to congratulate me once I closed! I highly recommend this lender.
Negotiated a loan in Fall 2023. Had to give up house after inspections. Apparently the original loan officer was overzealous and shouldn't have given us a Pre-Qualified Letter in the first place, nor approved the loan even tho it was approved on their website. Next loan officer was not really big on communication, nor timely-ness. Asked for a new Pre-Qualified letter 3 weeks ago and it still has not been processed.
Brandon was HONEST, communicative and dedicated. I had shopped around and landed with New American by chance. More than any trait, honesty is valued most and the rest made it very easy and enjoyable. Says a lot for this type transaction and Brandon as a NA Rep. Brandon was responsive, knowledgeable, encouraging and professional. The man walked on water with this deal! Iβll be back and Iβll definitely make referrals. Ed was great as well. Donβt want to let that slide. Overall a superb experience!
Rates were great and Arnold was a stud. Knowledgeable, easy to work with, easy to communicate with. Buying a home is stressful to say the least, but Arnold made the process significantly easier. Highly recommend.
Best Mortgage Lender that exists. Ask for Ashley D! My experience was wonderful like a dream. 5 stars down the board! Communication, Knowledgeable, Teamwork, always looking for the best option for the customer and being honest and upfront about everything. Nothing is ever hidden, and I loved that. Will use this company for the rest of my life and advise all of my close ones to follow. I closed the day after Valentines, talk about LOVE in the air π π π
Rick Stevens made this process, painless and stress free. He explained everything thoroughly. I wasn't confused at any time. I appreciate Rick and Heather's patience and understanding during our first refinance.
Brandon was very helpful and supportive throughout the entire process. He would call to check in and keep us updated when anything would change and went out of his way to make sure our transaction was successful.
Terrible!..Loan Officer | NMLS#1497035 very unprofessional. Did not call when he said. If he cannot organize his schedule, then how am I suposse to trust him other/more important tasks such as managing my stuff?..No way.
Darlene Roots
Apr 03,2024The most amazing experience with purchase of home. Brian Callan was with me every step of the way.