WHY NAF?
Our Story
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, we have quickly grown to become a leader in the home loan industry.
Our company’s story begins nearly 22 years ago when the husband-and-wife team of Rick and Patty Arvielo combined Rick’s technical expertise and Patty’s extensive mortgage industry knowledge to create a new kind of mortgage company. Leveraging the latest technology and streamlined operations, Rick and Patty developed a highly efficient lending process that allows us to offer industry-leading loan closing times, meaning our borrowers get into their new home or complete their mortgage refinance faster than ever.
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. This state-of-the-art marketing support helps our Loan Officers stand out in the crowded marketplace.
In addition to embracing the latest technology, Rick and Patty also established a company commitment to inclusion and equity, helping New American Funding become a leader in lending to underserved communities. We accomplish this through our Included initiatives, which represents our commitment to creating, cultivating, and sustaining equity for all.
In 2013, we formed the Latino Focus initiative to address the challenges Hispanic consumers face in their pursuit of homeownership. Building on the success of Latino Focus, we created the New American Dream initiative in 2016 with a goal of raising awareness and increasing homeownership in Black communities.
These initiatives deliver results, as New American Funding is one of the top lenders to Hispanic and Black borrowers.
New American Funding also cares deeply about those who serve in our military and their families, which is why we launched our Military Heroes Focus initiative in 2022. Through this initiative, New American Funding works to increase homeownership and career opportunities for military servicemembers, veterans, and their families.
Our focus on diversity and inclusion isn’t just limited to our borrowers. Today, we’re proud to employ over 3,670 diverse team members, comprised of 54% women; 41% minorities, including 21% who are Hispanic; and 37% Millennials. To help ensure their professional growth, we have multiple mentorship programs that allow our team members to openly share their aspirations for potential advancement in the company and receive personalized guidance from executive leadership. Our unique culture emphasizes integrity, unity, innovation, pursuit of the impossible, execution, and people, leading to our company being recognized with numerous local and national top workplace awards.
By staying true to our guiding mission of providing a streamlined loan process with cutting-edge technology to create an exceptional experience, we’ve grown to 190 locations nationwide and maintain a servicing portfolio of over 251,975+ loans for $66.4 billion. In addition, we are a Fannie Mae, Freddie Mac, and Ginnie Mae direct mortgage lender, seller, and servicer that is licensed in 50 states across the nation
The Power of Partnership
How Financial Planners Benefit from Working with Mortgage Lenders
A financial planner working with a mortgage lender can provide valuable benefits for both the planner and their clients. Here are some reasons why a financial planner might partner with a mortgage lender:
1. Comprehensive Financial Strategy
- Reasoning: Financial planners aim to create holistic financial plans for their clients, and mortgages are often one of the largest financial commitments. By working with a mortgage lender, planners can help clients make well-in formed decisions about how a mortgage fits into their broader financial goals.
- Benefit: Clients receive integrated advice that aligns their mortgage strategy with their long-term financial objectives (e.g., retirement planning, tax efficiency).
2. Access to Better Loan Products
- Reasoning: Mortgage lenders can offer a variety of loan options, rates, and terms. By having a direct connection, financial planners can help clients access the best mortgage products that fit their financial situation.
- Benefit: Clients may secure better rates, lower fees, or mortgage terms that work better for their unique circumstances.
3. Customized Advice Based on Client’s Situation
- Reasoning: Every client has a unique financial profile. A mortgage lender can provide financial planners with insight into clients’ mortgage eligibility, which allows the planner to offer more personalized financial advice.
- Benefit: A more tailored and effective financial plan that accounts for a client’s real estate and mortgage needs.
4. Refining Debt Management Strategy
- Reasoning: Mortgage loans are a key part of managing debt, and lenders can help clients understand how mortgage debt fits into their overall debt strategy. Financial planners can advise on debt reduction, refinancing, or paying down mortgage balances in the most efficient way.
- Benefit: Clients are guided on how to effectively manage and reduce mortgage debt while aligning with other financial priorities, such as saving for retirement.
5. Tax Efficiency and Deductions
- Reasoning: Mortgage interest is tax-deductible in some cases, which can play a significant role in a client’s tax strategy. A mortgage lender can provide clarity on mortgage interest and tax implications, helping the financial planner advise clients on tax-efficient strategies.
- Benefit: Clients can optimize their tax situation by utilizing the mortgage interest deduction or other mortgage-related tax strategies.
The Power of Partnership How Financial Planners Benefit from Working with Mortgage Lenders
6.
Education and Client Empowerment
- Reasoning: Mortgage lenders can educate clients about the pros and cons of different mortgage options, interest rates, and loan terms. Financial planners can leverage this knowledge to empower clients to make confident, informed decisions.
- Benefit: Clients feel more confident in their homeownership decisions and in their financial planning overall.
7. Streamlining the Home Buying Process
- Reasoning: For clients looking to purchase a home, financial planners can work with a mortgage lender to streamline the entire process. This ensures the client has the necessary financial qualifications and is taking the right steps toward homeownership.
- Benefit: A smoother home-buying experience where all aspects, from financial planning to mortgage approval, are coordinated.
8. Improved Client Retention and Trust
- Reasoning: By offering access to mortgage lenders and supporting clients through the mortgage process, financial planners enhance the value they offer. This collaborative approach can deepen client relationships and build trust.
- Benefit: Clients appreciate the additional support, leading to higher satisfaction and retention.
9. Keeping Clients on Track with Financial Goals
- Reasoning: Homeownership and mortgages often impact a client’s ability to save and invest. A mortgage lender’s insight into refinancing options, rate adjustments, or payment changes allows the financial planner to advise clients on staying on track with other financial goals, such as saving for retirement or paying off other debts.
- Benefit: Clients can manage their mortgages more effectively without derailing other financial objectives.
Working with a mortgage lender can create a seamless experience for clients and enhance the overall quality of financial advice they receive. This partnership is a win-win for both financial planners and their clients.
Ease Your Clients’ Cash Concerns In Retirement
With a Reverse Mortgage Purchase
Would your clients like to purchase a home closer to family, friends and vital services and not have to make another mortgage payment again?* If your clients are 62 or older, it’s possible with a Reverse Mortgage Purchase!
Your client must, however, show willingness and capacity to maintain the property and pay all property taxes, homeowner’s insurance, HOA dues, and other fees and charges, if applicable.
If your client is able to put away some money from the sale of their previous home, they’ll benefit from having a little more cash on hand – especially with no new monthly mortgage payments to make!
HOW IT WORKS
Your client puts down a portion of the new home’s purchase price
Your client’s lender provides the balance*
*Based on their age, their home’s value and the current interest rate
Your client doesn’t have to repay the lender’s balance until they leave the property
Loan amounts up to $3.5 million
Credit score as low as 620
Debt-to-income ratio up to 55%
Primary
or cash-out
a Home Loan?
Financing is usually one of the biggest hurdles for the self-employed, contractors, or business owners. We can help get your buyer qualified for a fixed or adjustable-rate mortgage using their bank statements, 1099, or a CPA-prepared profit and loss (P&L) statement as proof of income. Don’t let non-traditional income keep your buyers from homeownership!
DOES YOUR CLIENT NEED TO BUY BEFORE THEY SELL?
NAF Cash
Buying in cash means convenience, certainty and could mean a cost saving too. With NAF Cash, an affiliated company of New American Funding, you can make a competitive, true cash offer that is not contingent on financing and close in as little as seven days without having to sell your current home first.
Program Highlights:
• Allows Buyer to Become a Cash Buyer
• Purchase Your Dream Home Before Selling Your Current Home
• Help Qualified Buyers Win in Multiple Offer Environment
• Conventional and VA Loan Programs Allowable
NAF Bridge Loan
Avoid missing out on the home you really want because your current home has not yet sold. This product bridges the gap by giving you funds to cover the new purchase while finalizing the sale of your current home.
Program Highlights:
• Use Equity From Your Existing Home Towards the Purchase of a New Home
• Ability to Present a Strong Non-Contingent Offer, Giving You a Competitive Edge in the Market
• No Monthly Payments During the Loan Term Reducing the Financial Stress of managing Two Mortgage Payments
NAF Recast
The NAF Recast allows you to buy your next home now and adjust your Mortgage balance later. With a recast, you can purchase without selling first, then apply proceeds from your sales to reduce your mortgage balance and monthly payment.
Program Highlights:
• Reduce Principal Balance and Re-Amortize Loan
• Monthly Payments Reduced Accordingly
• PMI Can Be Eliminated in Some Instances
LICENSED IN ALL 50 STATES
Loan Consultant with over 25 years of experience in the finance industry, specializing in mortgage lending. In addition to her extensive experience in mortgage lending, Amber is a certified VA loan specialist, with a strong focus on assisting veterans and military families through the homebuying process, ensuring they receive the best options available. Her favorite part of the job is helping clients understand the loan process, especially first-time homebuyers. Amber is always grateful to receive a referral from past clients, taking it as a sign that they thought enough of her service to recommend to family and friends. Her advice to new clients is to work with someone who shares all your loan options with you and includes you in the decision-making process. Don’t settle for less than an exceptional service experience. Amber provides personalized, hands-on service to her clients, building lasting relationships based on trust, integrity, and mutual respect. She is proud to be part of New American Funding and is committed to helping her clients achieve their financial goals.
Amber graduated from Iowa State University with a bachelor’s degree and earned the Iowa Certified Mortgage Professional (ICMP) from Iowa Mortgage Association. She lives with her husband and they have three awesome children. In her spare time, Amber enjoys attending sporting events, concerts, reading, and quality time with family and friends.
