New American Funding Named One of the Best Workplaces in U.S.
- Mar. 30, 2021
New American Funding, a leader in the mortgage industry, has been ranked #26 among the Best Workplaces in Financial Services & Insurance™ by Great Place to Work® and Fortune.
The Best Workplaces in Financial Services & Insurance award is based on an analysis of survey responses from more than 840,000 employees across multiple companies in the U.S. In that survey, New American Funding’s employees overwhelmingly responded that the company is a great place to work, giving the company a score 63% better than the average U.S. company.
“It is a tremendous honor to be named a Great Place to Work,” said CEO Rick Arvielo. “To keep our customers happy and satisfied, we ensure that our staff is happy and satisfied. We’ve set our business apart with a diverse culture fueled by top-tier training methods, the latest tools and technologies, and exciting growth opportunities.”
Despite the pandemic, the challenges of working from home, and an unprecedented demand for loans, the company has thrived, hiring 2,776 team members in 2020—increasing its staff size by 35%. This includes new opportunities for women, minorities, and Millennials who make up 60%, 46%, and 38% of its workforce, respectively.
Keeping up with the historic low rates, the company doubled their volume with a record-breaking year, which saw its servicing portfolio soar to a new high of 170,000+ loans for $43.4 billion (currently 181,000+ loans for $46.7 billion).
Arvielo credits the company’s culture of integrity and collaboration, including mentorships, and a key initiative called “NAF360,” an all-around commitment to an environment of respect for everyone the company employs or does business with, which starts with new hire process.
To learn more about New American Funding’s career opportunities, visit their careers page today.