Schaumburg, IL Mortgage Lenders
Schaumburg
1375 E Woodfield Road, ste 140, Schaumburg, IL 60173
New American Funding – Schaumburg provides informed advice and mortgage lending services to homeowners and future homeowners. Schaumburg mortgage lenders takes their lead from our founders and owners Rick and Patty Arvielo who are passionate about helping homebuyers in the Schaumburg community and across the country realize their dream of home ownership.
Our dedicated team is proud to serve the people of Schaumburg, IL as a reliable mortgage bank from the loan origination stage to the actual funding. We serve clients of all backgrounds and believe Schaumburg 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 Schaumburg 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
Meet The Team
You're In Good Hands!
Alejandro 1Claudio
Transaction Completed:
10/9/2026
"I’m incredibly grateful for the experience I had working with Rick. From the very beginning, he was responsive, attentive, and always willing to take the time to answer my questions and make sure I understood every step of the process. Rick’s in-depth expertise really stood out, but what impressed me most was how genuinely committed he was to getting the best possible results. He went above and beyond, paid close attention to the details, and made me feel like I was truly in good hands throughout the entire process. It’s clear that Rick takes pride in what he does and genuinely cares about his clients. I highly recommend Rick to anyone looking for someone who is knowledgeable, dedicated, responsive, and truly committed to excellence!"
Conrad G.
Transaction Completed:
10/3/2026
"Rick's attention to detail was exceptional, he was able to answer any and all questions that we had, especially in regards to my situation as I am a contractor which makes things a bit harder."
Omar K.
Transaction Completed:
9/30/2026
"Consistent feedback on process and ensuring I got best interest possible."
Jigar P.
Transaction Completed:
9/25/2026
"Ketan & Team Make it possible the deal which the Previous Agent were not able to do it"
NAF Cash Can Turn You into a Cash Buyer
Explore the latest homebuying trends in your state
with your interactive map
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
Schaumburg
Schaumburg, IL 60173
Direct: (224)970-0916