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!
Sammie Marquardt
Transaction Completed:
5/12/2026
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Samantha B.
Transaction Completed:
5/11/2026
"My husband and I had a great experience working with Mr. Reda. From start to finish, the process was smooth, transparent, and well-organized. The team was responsive, knowledgeable, and always willing to take the time to answer our questions thoroughly. My husband and I were able to get all of our questions answered in a timely fashion (even on weekends and during the evenings)! What stood out most was their professionalism and clear communication. They made sure we understood each step of the process and provided timely updates, which gave us a lot of peace of mind. Overall, we truly appreciate the support and efficiency. We will be recommending them to anyone looking for a reliable and trustworthy loan servicer."
Emily Rojas
Transaction Completed:
5/9/2026
"Rick was amazing throughout the whole home buying process! He was easy to get in touch with and very responsive. He explained everything in a way that was easy to understand and was always there when we had questions. We appreciate all of his help in us purchasing our new home!"
Emily R.
Transaction Completed:
5/8/2026
"Rick was very easy to talk to, was easy to get in touch with, and responsive. He explained everything in a way that was easy to understand."
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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
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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