New American Funding Recognized as a Best Workplaces for Women by Fortune and Great Place to Work
- Sep. 23, 2021
New American Funding, a leader in the mortgage industry, has moved up to #4 out of 75 companies recognized as a 2021 Best Workplaces for Women™ by Fortune and Great Place to Work®. The company rose six spots from its 2020 ranking to #4 and is the highest-ranking private mortgage lender to be recognized.
This marks the fifth consecutive year the company has been recognized in the large companies category, including a #10 ranking in 2020.
The Best Workplaces for Women award is based on survey responses from 5.6 million current U.S. employees. In the survey, 96% of New American Funding employees responded that the company is a great place to work, compared to a 59% average of employees surveyed for U.S.-based businesses.
The company’s co-founders, the husband-and-wife team of CEO Rick Arvielo and President Patty Arvielo, guided New American Funding to a record-breaking year in 2020.
“We are honored to be recognized among the Best Workplaces for Women,” said Patty Arvielo. “As the top-ranking private mortgage lender, we celebrate our talented women whose contributions are invaluable in creating an environment of mutual respect for each individual and continued support where everyone can thrive.”
The company is comprised of approximately 59% women, while 46% are minorities and 39% are Millennials. Between August 2020 and August 2021, the company promoted 82 women to executive and middle management leadership roles. The company is also the largest Latina-owned private mortgage lender in the nation.
Spearheaded by Patty Arvielo, the company offers mentorship programs such as “If You Want to Grow, We Want to Know” and “Thrive and Lead,” to further employee growth.
To learn about the company’s career opportunities, visit their careers page.