Downey, CA Mortgage Lenders


10841 Paramount Blvd, # 204, Downey, CA 90241

(855) 293-3882

Your Mortgage Starts Here

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

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

4.98/5 Based on 1,738 reviews


Transaction Completed:

"Tigran Momdjian helped us to get our first home. He is knowledgeable, honest and dedicated to get you the best deal. Definitely recommended Thank you Tigran,"


Angie Console

Transaction Completed:

"Thank you Armine for helping me and my kids get into my home . She is seriously a hardworking woman . She was there through every step of the process . Everything she told me she would do she kept her word and made it all happen thank you so much Armine !"


Maria Angela C.

Transaction Completed:

"Armine is seriously AMAZING and really took care of everything promptly . Super focused on her clients and genuinely cares for them . I'm seriously working towards to get my RE license and no doubt I know to come to her . I really don't know how to explain how happy I was to have her help me get my loan . I would recommend her to everyone with 100 percent confidence . She always had an answer for me She was always working towards the goal She was consistently there for me And what super fast with the whole process"

Victorville, CA

Jose Refugio C.

Transaction Completed:

"The loan process went very smoothly. There was excellent communication and always available to answer questions. They were very friendly. They had everything I needed and under control. I will be a repeat customer. Thank you very much for your services."

Moreno Valley, CA


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.


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 in 2023. (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) and Vermont were impacted by this data availability. Land sales and manufactured (MFR) home sales are excluded from the dataset.

News & Resources

Mortgagor vs Mortgagee: Understanding the Key Differences Image
How much is a mortgage on a $300,000 home? This question presents the perfect starting point for exploring how much mortgage you can afford as a first-time homebuyer.
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How New Real Estate Commission Rules Could Affect First-Time Buyers Image
With "commission decoupling," buyers and sellers will now shoulder the responsibility for their respective agents' fees. This change will create a new financial landscape.
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New American Funding

CMD - Downey

10841 Paramount Blvd, # 204
Downey, CA 90241

Direct: (855) 293-3882

Contact Us