Schaumburg, IL Mortgage Lenders

Schaumburg

1375 E Woodfield Road, ste 140, Schaumburg, IL 60173

(224)970-0916

Your Mortgage Starts Here

New American Funding – Schaumburg provides informed advice and mortgage lending services to homeowners and future homeowners. Schaumburg mortgage lenders takes their lead from our founders and owners Rick and Patty Arvielo who are passionate about helping homebuyers in the Schaumburg community and across the country realize their dream of home ownership.


Our dedicated team is proud to serve the people of Schaumburg, IL as a reliable mortgage bank from the loan origination stage to the actual funding. We serve clients of all backgrounds and believe Schaumburg is better off as a whole when more people purchase homes here and contribute to the fabric of our neighborhoods.


Come see what makes our elite Schaumburg team of underwriters and funders some of the best in the business at closing loans quickly and offering customer’s a positive experience.

Top Rated
Mortgage Lender

4.9/5 Based on 269,421 Reviews

Meet The Team

Leticia Avina

Sr. Mortgage Consultant

NMLS #188284

 

Bob Kenney

Sr. Mortgage Consultant

NMLS #198253

(630) 376-0538

Jeff Koch

VP of Residential Lending

NMLS #221501

 

Ketan Raval

VP of Residential Lending

NMLS #755967

 

Ralph Saile

VP of Residential Lending

NMLS #198503

 

You're In Good Hands!

4.97/5 Based on 1,902 reviews
5/5

Nicole S.

Transaction Completed:
11/11/2025

"Everything went smooth!"

Joliet, IL
5/5

Younan O.

Transaction Completed:
11/8/2025

"Best service"

Mount Prospect, IL
5/5

Joana M.

Transaction Completed:
10/22/2025

"Great experince she explained everything"

CHICAGO, IL
5/5

Romana K.

Transaction Completed:
10/21/2025

"Everyone starting from Leticia loan consultant to Olga and Stacey were very professional, responsive and helpful. All my questions were answered on time. Special thanks to Leticia, she was always available for a phone call answer my old emails this made my process very easy and great and I would definitely recommend your company to any of my friends who will want to buy a house in the future"

West Dundee, IL

NAF Cash Can Turn You into a Cash Buyer

Explore the latest homebuying trends in your state
with your interactive map

Buying in cash means convenience, certainty, and may mean cost savings too. In fact, buying in cash may help you save up to 11% over those using a traditional mortgage. With NAF Cash, you can make a competitive, true cash offer that is not contingent on financing and close in little as seven days without having to sell your current home first.

PATHWAY TO HOMEOWNERSHIP

Are You Ready?


At New American Funding, we believe that every person deserves a clear path to achieving their dream of homeownership. So, we created the Pathway to Homeownership initiative to alleviate some of your financial worries.


What is the Pathway to Homeownership Initiative?


The Pathway to Homeownership offers qualified borrowers in select areas up to $6,000 in assistance. These funds are not a loan that needs to be repaid and are available to first-time homebuyers in designated areas.

This program can also potentially be combined with other down payment assistance programs to offer you even more support as you build the life of your dreams.

pathway-image

Housing News & Advice

When Getting a Mortgage Makes Sense—Even If You Could Buy a Home in Cash Image
Here’s what you need to know about when and why financing may be the smarter play than depleting your nest egg—and when writing a check for the full listing price still wins out.
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Planning to Build Your Forever Home? How to Purchase Land with an FHA Loan Image
You may be able to use an all-in-one Federal Housing Administration (FHA) loan to help cover the cost of buying a piece of land and funding the construction of your new home.
Read More
The Typical First-Time Homebuyer Has Never Been Older. What Does That Mean for Younger Generations? Image
Pricey rent and student loans, along with high prices and elevated mortgage rates, have made it harder for many to achieve homeownership.
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NAF Latino Focus Logo

Mission Statement: New American Funding (NAF) is an industry leader in culture, dedication to service, and lending to underserved communities. Through Latino Focus, the company identifies and addresses the challenges of Latino consumers in their pursuit of homeownership and to enhance the quality of their lending experience. We utilize education and awareness that aims to lift the community and build generational wealth through homeownership. By 2024, NAF is committed to providing $25 billion in home loans to the Latino community.

Location

New American Funding

Flex - Schaumburg

1375 E Woodfield Road, ste 140
Schaumburg, IL 60173

Direct: (224)970-0916

Contact Us