Covington, LA Mortgage Lenders
Covington
207 East Lockwood Street, Suite B, Covington, LA 70433
New American Funding – Covington provides informed advice and mortgage lending services to homeowners and future homeowners. Covington mortgage lenders takes their lead from our founders and owners Rick and Patty Arvielo who are passionate about helping homebuyers in the Covington community and across the country realize their dream of home ownership.
Our dedicated team is proud to serve the people of Covington, LA as a reliable mortgage bank from the loan origination stage to the actual funding. We serve clients of all backgrounds and believe Covington 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 Covington team 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!
Star R.
Transaction Completed:
5/9/2026
"Working with Scott has been such a great experience! He is an amazing lender — extremely professional, knowledgeable, responsive, and always willing to go the extra mile for his clients. He makes the process smooth and stress-free while truly caring about helping families reach their homeownership goals. Highly recommend! ??????????"
Kevin D.
Transaction Completed:
5/9/2026
"This was the absolute best experience I have ever had during the home buying process. Lance and his team went above and beyond to get me the best mortgage available. I had over 4 options to choose from and the rates and terms were better than 3 other lenders I shopped. The communication, A+, Lance's clear to close process with text updates kept myself and my agents in the loop. OMG!! The Gifs attached to the texts made me smile and feel well taken care of. You guys are the best!! "
Ainsley Scott
Transaction Completed:
5/5/2026
"Being a first time home buyer, I was nervous about the process, but LANCE SCOTT made it so easy from start to finish. Great communication! I felt supported the whole way through. Highly recommend LANCE SCOTT with New American Funding!! 10/10 experience!"
Ainsley Scott B.
Transaction Completed:
5/4/2026
"Being a first time home buyer, I was nervous about the process, but LANCE SCOTT made it so easy from start to finish. Great communication! I felt supported the whole way through. Highly recommend LANCE SCOTT with New American Funding!! 10/10 experience!"
Loan Products
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
Covington
Covington, LA 70433
Direct: (985)327-2837