Corrao and Castellano, MN Mortgage Lenders

Corrao and Castellano

670 Commerce Dr, Ste 200, Woodbury, MN 55125

(855) 293-3882

Your Mortgage Starts Here

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


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

Matt Corrao

Branch Manager

NMLS #1793794

 

Tom Castellano

Branch Manager

NMLS #1918524

 

You're In Good Hands!

4.98/5 Based on 14 reviews
5/5

Marlynn L.

Transaction Completed:
10/27/2025

"Constant and timely communication"

Pennsylvania
5/5

Petelo M.

Transaction Completed:
10/24/2025

"Matt made the entire process easier from beginning to end. He was knowledgeable and took his time explaining everything. Highly recommend his service to anyone."

Maryland
5/5

Hallie B.

Transaction Completed:
10/22/2025

"Tom is an absolute dream to work with - so professional and also kind and cares about each client it was amazing to work with him!"

5/5

Natossia H.

Transaction Completed:
10/10/2025

"Great good honest"

Anna, TX

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

Live Out Your Real Estate Investor Dreams: 5 Investor Myths Busted Image
Here are some of the most common misconceptions about real estate investing and the truth behind these myths.
Read More
A Holiday Gift: Mortgage Rates Keep Falling Image
If you’re among the millions who could save money by refinancing their home loan or are considering buying a home, then you just received a holiday gift as mortgage rates fell.
Read More
Should You Time Buying a Home Around the Seasons? It Could Save You Up-Front Cash Image
Here’s how you can use the calendar to your advantage and close at a time when costs may be lower, timelines are generally faster, and sellers may be more willing to make a deal.
Read More
NAF Heroes Logo

Mission Statement: Our Military Heroes Focus is a dynamic initiative to increase homeownership and career opportunities for military service members, veterans, and their families. Our Military Heroes Focus is led by a diverse and passionate group of company leaders, military veterans, and other patriots who care deeply about supporting those who have served our Country and their families.

Location

New American Funding

Corrao & Castellano

670 Commerce Dr, Ste 200
Woodbury, MN 55125

Direct: (855) 293-3882

Contact Us