New American Funding vs. a Big Bank
Do you know what the difference is between a big bank and a mortgage lender like New American Funding?
So you're ready to purchase a new home. Or maybe it's time to refinance and lower your payment or pull cash out of your home's equity. You may be asking yourself, what's the difference between New American Funding and a big bank?
There are quite a few advantages changes to choosing New American Funding over a big bank. At New American Funding, you can have a complimentary fully underwritten credit pre approval in as quick as 24 to 48 hours. With a big bank, the turn time for an underwritten credit preapproval can be up to 30 days. That’s a lot of time to waste when you ‘retrying to make an offer on your dream home. With New American Funding, you can get preapproved today and start shopping tonight.
Most big banks have non-localized processing and underwriting, which means the funding process is going to take much longer. At New American Funding, everything from processing to underwriting is in-house. That means you get fast service and into your dream home as soon as possible. We don't have some of the restrictions big banks do. That means we can offer loan options to more clients. Since we have underwriters in-house and more program options available, we have the flexibility to look at your unique situation and help you find what best fits your financial needs. And isn't it frustrating to call and receive an automated message when all you want to do is talk to someone on the phone? We have personalized customer service teams, so you will have team members to speak to throughout the entire process, and you'll know exactly what's going on.
Even after funding your loan, you can speak with a service member regarding any questions you have. Never talking to a machine. New American Funding is an all-inclusive mortgage banker from origination to funding. We work under one roof as a cohesive team that closes your loan fast. Get started today. Give us a call to see what we can do for you.