Saint Augustine, FL Mortgage Lenders

Saint Augustine

70 Reviews

701 Market Street, suite 111 Box 180, St. Augustine, FL 32095


Your New American Mortgage Starts Here

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

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

#1 in Customer Satisfaction
among Mortgage Servicers


For J.D. Power 2022 award information, visit

You're In Good Hands!

5/5 Based on 70 reviews

Monisola C.

Transaction Completed:

"Accurate,Experience & Professional."

North Providence, RI

Jenelle B.

Transaction Completed:

"Eric and his team always go above and beyond to truly help explain things to new buyers and ease the concerns that comes with buying a home. I would recommend anyone to New American Funding and Eric’s Team <3"

Woonsocket, RI

Danielle M.

Transaction Completed:

"Eric, has always been extremely polite and responsive to my emails and calls. I know I can trust him to give me the best advice for my situation. I am very happy to have him in my corner ! "

Prospect, CT

John B.

Transaction Completed:

"Eric Douglas has been amazing from the beginning. Being a first time homebuyer about 2 years ago my wife and I had most likely 1000 questions for him. He was able to answer every single one of them in Laymans terms so we could understand it all. Also he was readily available whenever we need to talk or ask the abundance of questions we had. With the refinance we just did he, yet again was there to answer the questions. If you are looking to buy a home I would strongly recommend Eric Douglas. "

Woonsocket, RI


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

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.

*According to a study from researchers at the University of California - San Diego, cash buyers have paid about 11% less than using a mortgage. Reher, Michael and Valkanov, Rossen, The Mortgage-Cash Premium Puzzle (September 24, 2021). Available at SSRN: or

Meet The Team

News & Resources

Is 2023 a Good Year to Buy a House? Image

posted 6/2/2023 Ailin Goode Personal Finance
Whether or not 2023 is a good year to buy a house will depend on several factors. You will want to consider your individual circumstances and how you view the advantages and disadvantages of buying a home in the current market.

Read More
Using an FHA Loan to Buy a Foreclosure  Image

posted 5/30/2023 Ailin Goode Home Loans
Purchasing a foreclosure with an FHA loan can be a great way to save money on a property that has the potential to become your home for many years or a great investment for the future.

Read More
NAF Dream Logo

Mission Statement: The New American Dream initiative combines hard work, integrity, a team effort, and continuous learning to increase the rate of Black Homeownership in America. Our purpose is to provide racial equity and build consumer confidence through home buying education, accessibility to credit, and mortgage industry career opportunity awareness to black communities.

We're Committed: At New American Funding, we believe in the power of Black Homeownership. We take great pride in creating opportunities for all communities and are committed to bridging the racial wealth gap. It's why we come to work each day.

NAF Latino Focus Logo

Mission Statement: In 2013, New American Funding formed its own Latino Focus Committee. This purpose driven group works cohesively to enhance the quality of the lending experience among Hispanic consumers and aims to enrich the Hispanic community through homeownership. By mirroring the communities, we serve, we are able to increase sustainable Hispanic homeownership across America.