New American Funding Continues to Break Employee, Purchase Volume and Market Share Records
- Jul. 29, 2014
- Nicole Johnson
New American Funding is pleased to announce that they have reached over 1,100 employees along with also being recognized as the #1 private mortgage banker by purchase volume in Southern California by DataQuick News for June 2014. These counties include: Los Angeles, Orange, Riverside, San Bernardino, San Diego and Ventura.
In June of 2014, New American Funding had their biggest month in company history, doubling the company’s purchase volume since January 2014. With this increased volume of purchase transactions, New American Funding had the third largest market share of all lenders in Southern California helping new homebuyers achieve their dream of homeownership.
The company also continues to grow their Operations Staff by hiring Processors and Underwriters in our numerous branches throughout Southern California including Riverside, San Diego, and Tustin, as well as, Nevada, Arizona, Colorado, Texas, Washington and Missouri. As the President and CEO of the company, Patty and Rick Arvielo, believe that having increasing operational staff and having the fastest and most efficient turn times in the industry will allow the company to continue on its current growth trajectory. New American Funding is especially interested in VA Underwriters and is currently offering a signing bonus for those who possess their SAR and LAPP.
Along with this recognition from DataQuick News, a recognized leader in the property information industry, New American Funding has also been a recipient of the “Best Workplaces” title from the Orange County Register and Orange County Business Journal for multiple years. In addition to these accolades, New American Funding was also named #90 on the Orange County Business Journal’s list of “Largest Private Companies in Orange County” and in 2013 was named as #29 on the “Fastest Growing Private Companies in Orange County.”
With this recent employee growth, New American Funding continues to open branches in underserved cities, with the goal of reaching the East Coast by the end of 2015.