With Rick’s expertise in marketing and technology, and Patty’s extensive mortgage background, New American Funding quickly became one of the fastest growing mortgage bankers in the industry. In 2006, New American Funding had grown by over 300%, and with this increase in workforce, the Arvielos were able to take the next step in their business plan and establish a Retail-Based Lending Division. The goal in establishing this division was to grow their presence in the purchase market. By seeking out top professionals in the industry and creating an environment that fosters healthy business-building partnerships amongst Loan Officers and Real Estate Agents, the division was fully established by 2010. In March of 2011, the first New American Funding branch was opened in Aliso Viejo. By 2012 New American Funding branches had sprouted across the nation, serving the needs of the local communities and establishing strong partnerships with many local real estate agent offices.
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Type
Private
HQ
Tustin, US
Founded
2003
Size (employees)
2,202 (est)+2%
New American Funding was founded in 2003 and is headquartered in Tustin, US
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Key People/Management at New American Funding

Rick Arvielo

Rick Arvielo

CEO
Patty Arvielo

Patty Arvielo

President
Christy Bunce

Christy Bunce

Chief Operations Officer
Jan Preslo

Jan Preslo

Executive Vice President of Retail Production
Jon Reed

Jon Reed

Executive Vice President of Retail Sales
Sam Ellsworth

Sam Ellsworth

Senior Vice President of National Retail Sales

New American Funding Office Locations

New American Funding has an office in Tustin
Tustin, US (HQ)
100 14511 Myford Rd
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New American Funding Financials and Metrics

Summary Metrics

Founding Date

2003
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New American Funding News and Updates

New American Funding expands to Silicon Valley

New American’s new branch will occupy about 4,000 square feet of contemporary office space in the downtown San Jose area at the top of a 16-story high rise, and the company held a red carpet event to celebrate its grand opening. It selected a new branch manager to lead the new team, and expects to o…

Joe Smith joins New American Funding as new regional sales manager

Joe Smith, a 15-year industry veteran, will oversee expanding New American Funding’s brand across Arizona and work with loan officers to maximize production.

New American Funding hires industry vet Sue Silverman

Silverman, an industry veteran with more than 30 years of experience, will focus on broker relations, loan structuring and work with senior leadership in selecting new loan products to be offered by the company.

New American Funding commits to increasing Hispanic homeownership

New American Funding announced its new commitment with the National Association of Hispanic Real Estate Professionals to work towards increasing the Hispanic homeownership rate. Its commitment ranges from offering more lending to Hispanics to committing to hiring and training those without experienc…
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