Is New American Funding the same as broker solutions?
Broker Solutions, Inc., doing business as New American Funding, provides mortgage lending services.
Is New American Funding a broker?
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.
Who owns New American Funding?
Rick Arvielo
Rick Arvielo is a maverick, visionary, and the Co-Founder and CEO of New American Funding. With integrity as his cornerstone, Rick built a company on values like teamwork, respect, and technological innovation – and aptly named it New American Funding, a mortgage company that has earned the admiration of the industry.
Is New American Funding backed by Fannie Mae?
As a Fannie Mae approved lender, New American Funding offers fixed 15- or 30-year fixed-rate mortgages for purchasing, limited cash-out refinancing and high balances. An Energy Efficient loan can help you meet your energy efficiency needs, enhance the value of your home and save you money on utility costs.
Is NAF on credit report?
And for those with thin credit histories, NAF is sometimes is willing to consider “nontraditional credit.” Those things typically aren’t recorded by credit bureaus and don’t form part of your score.
Does New American Funding have an app?
New American Funding’s My Mortgage App – More than an Easy Way to Pay! Stay in control of your home loan with the New American Funding My Mortgage App.
What states is New American Funding in?
dba New American Funding, NMLS #6606, Corporate Office is located at 14511 Myford Road, Suite 100, Tustin, CA 92780….State Licensing.
| State | License |
|---|---|
| DE | NMLS #6606 |
| FL | NMLS #6606 |
| GA | Georgia Residential Mortgage Licensee, License #22564 |
| IA | NMLS #6606 |
What is the difference between a mortgage broker and a direct lender?
A mortgage broker acts as an intermediary by helping consumers identify the best lender for their situation, while a direct lender is a bank or other financial institution that decides whether you qualify for the loan and, if you do, hands over the check.
Who is the president of New American Funding?
Patty Arvielo
Patty Arvielo, President | New American Funding.
Can I refinance with a PACE loan?
In most circumstances, you can use the FHA 203(k) Program to refinance your existing mortgage as well as any PACE loans against your property. The FHA 203(k) program also uses a higher LTV ratio of 97.75% for a refinance.
Is American financing legit?
Speaking of the BBB, they are an accredited company and have been since the year 2002. They currently enjoy an ‘A+’ rating. In summary, American Financing may be a good pick for an existing homeowner with a straightforward borrower profile looking to apply for a cash out refi.