UPCOMING EVENT  ·  10/4/17  ·     
REGISTER NOW

Options as Diverse as Your Clients

Our extensive line of products will cover all your client’s needs.

Our Products

We understand that your clients need options, and your referral partners turn to you as their exclusive source for home financing. Our team offers in-house underwriting and the freedom to broker to a multitude of wholesale investors.

  • Direct Lender
  • FNMA, FHLMC, GNMA Direct Seller & Servicer
  • Industry Leading Close Times
  • 24-hour Approvals on Purchases
  • In-house Condo Approval Department
  • Delegated on Jumbo to 2mm, Non-delegated to 10mm
  • Panel of Appraisers Local to Each Branch

We Offer Niche Loan Products

  • 89.99% CLTV HELOC (80/10/10)
  • 3% Down FHA Alternative
  • 97% Lender Paid MI – SFR, PUD & Condo
  • Non-Occupying Co-Borrowers Using LP to 95%
  • No Tax Returns Required**
  • Delayed Financing – Cash out before 6 months
  • FNMA: 5-10 Finance Property Guidelines
  • HARP 2.0 Unlimited LTV/CLTV
  • Open Access Unlimited LTV/CLTV
  • Down Payment Assistance Programs
  • Jumbo Options up to 90% LTV
  • Jumbo Loan Amounts up to $10 million
  • FHA Purchase or Refinance to 580 FICO
  • FHA Escrow Holdbacks allowed
  • FHA No FICO Program
  • VA Purchase or Refinance to 580 FICO
  • USDA to 580 FICO
  • Reverse Mortgages
  • FHA 203k Rehabilitation Loans – Full Consultant and Streamline
  • FNMA Homestyle Renovation

** Only available in CA

Industry Leading Close Times

With few exceptions, we have been able to execute better than the industry average when it comes to getting loans closed. This is one fundamental reason so many top producing Loan Officers have chosen New American Funding: Excellent pricing, excellent compensation and fast turn times with superior customer service.

  Our Average Turn Times Industry Average

Conventional Purchase

22

Days

49

Days

Conventional Refinance

23

Days

49

Days

FHA Purchase

22

Days

50

Days

FHA Refinance

23

Days

47

Days

Jumbo

28

Days

49

Days

VA

28

Days

50

Days

  Industry Average Turn Times Report Provided By Ellie Mae.

 

Customer Testimonials

 
Whittier, Ca

“When it came to refinance, it was important that we had the opportunity to trust someone and build a relationship wtih a lender that we knew would follow through so that I would be successful on my own.”

Whitney Prenger, Refinance

 
Simi Valley, CA

“We had a difficult road before discovering New American Funding. It made the loan approval and home buying journey just so much more enjoyable and successful.”

Chris & Lulu Peworchik, Purchase