Coon Rapids, MN Mortgage Lenders

Coon Rapids

10160 Foley Blvd NW, Ste. 200, Coon Rapids, MN 55448

(763) 340-1942

Your Mortgage Starts Here

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


Our dedicated team is proud to serve the people of Coon Rapids, MN as a reliable mortgage bank from the loan origination stage to the actual funding. We serve clients of all backgrounds and believe Coon Rapids 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 Coon Rapids 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

You're In Good Hands!

4.96/5 Based on 983 reviews
5/5

Eric Olson

Transaction Completed:
12/11/2025

"This has been my third time funding a home through Jon Peterson. He does a great job from beginning to end. He had a fatherly comfort to him - maybe because my dad recommended me to him over 25 years ago. Regardless, he was very straightforward and treated us kindly and respectfully."

5/5

Eric O.

Transaction Completed:
12/10/2025

"Great communication. And not just by text or emails - actual phone calls too ??"

Alexandria, MN
5/5

Michael T.

Transaction Completed:
12/9/2025

"The ease knowing they are amazing at what they do took all the worrys away also amazing friendly people."

Coon Rapids, MN
5/5

Jack Hansen

Transaction Completed:
11/29/2025

"Very informative and communicative. Great experience with Steve Rice and his team."

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

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Homebuyers May Be Afford More Home Next Year: FHA Loan Limits for 2026 Image
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Location

New American Funding

Coon Rapids

10160 Foley Blvd NW, Ste. 200
Coon Rapids, MN 55448

Direct: (763) 340-1942

Contact Us