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!
Rahim R H.
Transaction Completed:
3/29/2026
"fast loan process."
Brian W.
Transaction Completed:
3/26/2026
"Working with my loan consultant was an outstanding experience from start to finish. They were knowledgeable, responsive, and made the entire process feel smooth and stress-free. Every question I had was answered clearly, and I always felt like they had my best interest in mind. Their professionalism and attention to detail really stood out. I highly recommend them to anyone looking for a reliable and trustworthy loan expert!"
Victoria U.
Transaction Completed:
3/26/2026
"Lectica and her team were on top of everything from start to finish. Always available if any questions came up. A wonderful smooth transaction. Thank you."
Joseph N.
Transaction Completed:
3/24/2026
"Each team member worked in our personal favor and very expediently with tight timeframes!"
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
Schaumburg
Schaumburg, IL 60173
Direct: (224)970-0916