Megan McDermott Photo

Megan McDermott Sr. Loan Officer

  • NMLS # 1698488

About Megan McDermott

I have years of experience in the mortgage industry, including both purchase and refinance loans, with an extensive knowledge of all government and non-government loan guidelines. I always go the extra mile for my clients to make sure they have the best experience and are set up in the best financial position. It is so rewarding to me to help my clients get a great deal on their new home!

When working with myself and New American Funding you'll receive:

  • Professional advice and support in making your home financing decisions
  • A full spectrum of loan products from which to choose
  • Consistent communication and follow up throughout the loan process from me and New American Funding's in-house operations team
  • Industry leading close times

Please give me a call today for answers to any of your home financing questions.
I would be more than happy to offer my professional advice. 

Top Rated
Mortgage Lender

4.9/5 Based on 269,421 Reviews

Company Culture

NAF360 is our commitment to 360 degrees of trust and respect.

NAF360 is our strength of character. It starts with each of us and flows from one person to another. It’s the trust we build with our clients, an understanding we’re here to help. It’s our ongoing contributions to the local community, the assurance we extend a helping hand. NAF360 is felt in our offices, transmitted in every call, evident in every referral, and shines brightly in countless glowing reviews.

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 $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.

Contact me today for more information!

Family playing on the couch together

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

You're In Good Hands!

4.94/5 Based on 212 reviews

Alyssa M.

Transaction Completed:

"Megan was helpful and thoughtful and made the process easy and seamless"

Hardyston, NJ

Elizabeth N

Transaction Completed:

"Megan made things easier and she was honest. When she said she would reach out, it was done in the manner that she stated. She seemed like she would go out of her way to try and help."

Whitehall, OH


Transaction Completed:

"Megan was extremely thorough and a pleasure to work with. She would follow up through out the process to ensure we were on the right track to close! She made the process easy for my clients! Thanks Megan"

Lexington, SC


Transaction Completed:

"Game me options and ideas other lenders did not. Megan was very easy to talk with and explain things the best she could."

Lexington, SC

New American Funding

ILA - Detroit - CSR

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

Direct: 949-267-2386


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