Covington, LA Mortgage Lenders
Covington
207 East Lockwood Street, Suite B, Covington, LA 70433
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
Meet The Team
You're In Good Hands!
Jason P.
Transaction Completed:
12/3/2025
"Scott and his team provided excellent guidance throughout the entire process. Communication was top notch and I was informed about any changes or updates immediately. I felt a part of the process the entire time. My loan was a VA loan and compared to my previous experience with another company years ago, this was beyond my expectations especially in regards to the “extra” that is required for a VA loan. I will be looking forward to a refinance in the future as rates continue to drop. "
Lenny Franz
Transaction Completed:
11/27/2025
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Leonard W F.
Transaction Completed:
11/26/2025
"Lance was great. He took all the time I needed to go over and explain things to my understanding. He was always easy to get in touch with and reapomded promptly. I felt he was very honest about everything. Thats why I decided to go with NAF."
Alicia W M.
Transaction Completed:
10/18/2025
"Communication was excellent! Wonderful support staff as well!"
Loan Products
NAF Cash Can Turn You into a Cash Buyer
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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.
Mortgage Calculators
Estimate your monthly payment, see how much house you can afford, and more!
Housing News & Advice
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.
New American Funding
Covington
Covington, LA 70433
Direct: (985)327-2837