Steve Rice Photo

Steve Rice Sales Manager

  • NMLS # 343634

About Steve Rice

With over 25 years and a wide range of experience in the mortgage industry, our team stands ready to assist you each and every step of the way. Your home is one of the largest financial commitments that you will make during your life; many people view that as meaning just another monthly payment. However, we can help you realize your home is truly a valuable financial tool and will help you achieve the dreams and plans you envision for your future. 

My team and I are truly passionate about our profession; nearly 100% of our business is by referral from satisfied clients, trusted financial advisors and the most experienced Realtors in the Twin Cities. You can rest assured that you are entrusting your home financing with those who rank amongst the most highly qualified and ethical in the lending industry.

Our mission is to carefully guide you through the entire home loan process so that you feel confident as you make choices about the many options available for your financing strategy. With many years and a wide range of experience in the mortgage industry, our team stands ready to assist you each and every step of the way. Your home is one of the largest financial commitments that you will make during your life, and many people view that as meaning just another monthly payment. We can help you realize that your home is truly a valuable financial tool, and will help you achieve the dreams and plans they envision for your future.

You only think about home financing a few times during your life – we think about it every single day. It’s your home and your future. It’s our profession and our passion. We’re ready to work for your best interest.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 myself 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

Interact with our map to track cash
Purchase trends across the country

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.

Source: This dataset combines data from Public Records and MLS transactions. The data lists the number of all-cash purchases and the total number of home purchases nationwide including the most recent five quarters of data. (Cash purchase defined when a Property Sold record does not have a Mortgage Balance.) Data coverage is limited by available MLS coverage. Certain geographies like Georgia (especially Central GA), South Dakota and Vermont were impacted by this data availability. Land sales and manufactured (MFR) home sales are excluded from the dataset.

Loan Products

Every story of home buying is unique, we offer a variety of loans to meet our clients' needs.

Meet The Team

Steve Rice
Steve Rice

Sales Manager

NMLS #343634

Tel: (612) 710-9173

Visit Website
Connor Peterson
Connor Peterson

Loan Consultant

NMLS #1614737

Tel: (763) 568-3339

Visit Website

You're In Good Hands!

4.98/5 Based on 22 reviews

Marcia Ellen

Transaction Completed:

"Steve is always very friendly, professional, and communicative. I feel like he really cares about my situation and feelings during the entire process. At times he calls just to check in to insure my comfort level during a very lengthy and arduous process of paperwork and waiting. Peggy is also friendly, professional, and detailed in her work. Even though I was stressed out, her kindness always showed through. I have done multiple mortgages with this team over the years and I always recommend them to people that are looking for a good, honest, professional, and friendly place to do business."

Ely, MN


Transaction Completed:

"Steve was very flexible with our schedule and straightforward with information. I would use NAF again for future real estate transactions"

Saint Paul, MN


Transaction Completed:

"Steve is a fantastic communicator and always on top of the details of the transaction"

Saint Paul, MN


Transaction Completed:

"Steve is absolutely amazing!"

Big Lake, MN

New American Funding

Coon Rapids

10160 Foley Blvd NW, Ste. 200
Coon Rapids, MN 55448

Direct: 612-710-9173


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