Michigan, MI Mortgage Lenders

Michigan

41050 West 11 Mile Road, suite 100, Novi, MI 48375

Your New American Mortgage Starts Here

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

Our dedicated team is proud to serve the people of Novi, MI as a reliable mortgage bank from the loan origination stage to the actual funding. We serve clients of all backgrounds and believe Novi 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 Novi team of underwriters and funders some of the best in the business at closing loans quickly and offering customer’s a positive experience.

You're In Good Hands!

Meet The Team

Jim Mack

Vice President, Midwest Production

NMLS #12976

(949) 791-3591

jim.mack@nafinc.com

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Loan Products

Conventional Loan

Down payments as low as 3%. Fewer restrictions than other loans.

FHA Loan

This mortgage loan allows for 3.5% down payment.

VA Loan

No down payment required. Special terms available to veterans and active duty military.

Cash Out Refinance

Turn your home's equity into cash.

Explore More Options

News & Resources

CFPB extends QM Patch indefinitely

posted 10/26/2020 Ben Lane Mortgage News

The piece of federal lending law that allows borrowers whose mortgages are sold to Fannie Mae and Freddie Mac to have a higher debt-to-income ratio than other types of qualified mortgages was all set to expire on Jan. 10, 2021. But that’s not the case anymore.

FHA unveils new automated underwriting system

posted 10/26/2020 Ben Lane Mortgage News

For years, lenders across the country used the automated underwriting systems of Fannie Mae and Freddie Mac to speed up their origination process. Meanwhile, the process for Federal Housing Administration loans was a bit different. Things are about to change.

Location

New American Funding

Novi - 11 Mile

41050 West 11 Mile Road, suite 100
Novi, MI 48375

Direct: (248) 215-0573

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