Covington, LA Mortgage Lenders

Covington

207 East Lockwood Street, Suite B, Covington, LA 70433

(985)327-2837

Your Mortgage Starts Here

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


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

4.99/5 Based on 72 reviews
5/5

Spencer Joseph H.

Transaction Completed:
5/17/2024

"Lance was very helpful at breaking down complicated information throughout the whole process!"

New Orleans, LA
5/5

Wendi P.

Transaction Completed:
5/16/2024

"By far the smoothest transaction I've had YTD! Fast, streamlined process and fantastic communication!"

New Orleans, LA
5/5

Wayne Keith I.

Transaction Completed:
5/7/2024

"Stephanie was great"

Mandeville, LA
5/5

Ken R.

Transaction Completed:
5/6/2024

"Carol and her team have been my \"GO TO\" for years . Excellent communication and follow up ."

Mandeville, LA

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 $8,000 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

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.

Source: This dataset combines data from Public Records and MLS transactions. The data lists the number of all-cash purchases and the total number of home purchases nationwide including the most recent five quarters of data. (Cash purchase defined when a Property Sold record does not have a Mortgage Balance.) Data coverage is limited by available MLS coverage. Certain geographies like Georgia (especially Central GA), South Dakota and Vermont were impacted by this data availability. Land sales and manufactured (MFR) home sales are excluded from the dataset.

Meet The Team

News & Resources

Is Home Insurance Tax Deductible? Image
In general, home insurance is not considered a tax-deductible expense. The only exception would be if you derive income from your property. In this case, your home insurance could be considered a business expense that is eligible for deduction.
Read More
One-Time Close Loans: Empowering Homeowners Who Are Building and Renovating in a Changing Market Image
Our One-Time Close loans and other unique products are designed to help people overcome the challenges of building and renovating homes in the current market.
Read More
NAF Dream Logo

Mission Statement: NAF Dream is committed to increasing Black homeownership and helping to build generational wealth. Established in 2016, our mission is to provide racial equity and build consumer confidence in the communities we mirror. We achieve this through homebuying education, accessibility to credit, and mortgage industry career opportunities. Because we understand the hurdles Black borrowers face, we are well-equipped to help them achieve home ownership.

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

Covington

207 East Lockwood Street, Suite B
Covington, LA 70433

Direct: (985)327-2837

Contact Us