Orange County Business Journal Names New American Funding a Fastest-Growing Company for Third Consecutive Year
- posted 9.20.2017
- Nicole Johnson
For the third year in a row, Orange County Business Journal has ranked New American Funding one of the fastest-growing private companies in Orange County. The Southern California-based mortgage lender landed on the 11th annual list at #6 amongst large companies, which ranks businesses according to their annual revenue growth over a 2-year period from June 2015 to June 2017.
"It's rewarding when your company is recognized once for its tremendous growth, but to be acknowledged three years in a row is no small feat and it absolutely speaks to the dedication our team puts in on a daily basis," said COO Christy Bunce. "We believe in staying progressive and ahead of the curve so this challenges us to elevate the bar and continue forging ahead."
New American Funding is one of the fastest-growing companies in America with nearly 130 nationwide branches in 20 states. Since 2015, the mortgage lender has undergone more than a 60% revenue surge, and closed 2016 by hiring 1200+ people and funding $11.7 billion in loans. It attributes the record-breaking growth to:
- Creating a dynamic culture that's family-oriented, fun, and committed to teamwork.
- Having active leadership who keep an open-door policy. Co-Founders Rick and Patty Arvielo are both involved in the mortgage industry on a national level with Rick serving as Chairman of MORPAC and Patty was recently appointed to CFPB's Consumer Advisory Board.
- Developing innovative technology like the mobile app, GoGo LO, that equips Loan Originators to better serve their real estate partners and housing consumers.
- Streamlining their loan process to provide customers with industry-leading close times.
Earlier this year, Inc. 5000 also ranked New American Funding on its list of fastest-growing private companies, an honor the lender has received five times.