Mission Statement
The New American Dream initiative combines hard work, integrity, a team effort, and continuous learning to increase the rate of Black Homeownership in America. Our purpose is to provide racial equity and build consumer confidence through home buying education, accessibility to credit, and mortgage industry career opportunity awareness to Black communities.
We're Committed
At New American Funding, we believe in the power of Black Homeownership. We take great pride in creating opportunities for all communities and are dedicated to bridging the racial wealth gap. It's why we come to work each day and why we are committed to lending $20 billion in new mortgages to Black borrowers by 2028.
Leadership

John Drumgoole
VP-Community Lending
Currently serving in a career capacity to support emerging and mature markets, John uses his skill set to help grow market share, working with company executives and leaders across multiple channels. He has at least 10 years combined leadership experience in Sales, Business Development and Financial Services. Over the course of his career, John has successfully placed over $1 Billion in market volume through strategic growth efforts. He is active in several trade associations, including the Mortgage Bankers Association. He’s an avid runner, foodie, loves travel, music, lifelong learning, connecting with awesome people, giving back to the community, and spending time with family.

Anthony Holt
Branch Manager & Chair, New American Dream
What drives Anthony is clear: assisting team members work through challenges, finding solutions, and seeing them succeed in helping families achieve the dream of homeownership. Anthony was recently nominated to chair New American Funding’s New American Dream Initiative. In this role, he will be working diligently to address the many barriers to Black homeownership. Anthony will be working tirelessly with other organizations, as well as internal team members to create actionable solutions to increase Black employment and leadership opportunities in the mortgage industry. In addition, he will champion financial literacy platforms for aspiring homeowners.

Michael Moseby
Sales Manager & Co-Chair, New American Dream
Having 20 years of experience in the lending industry, Michael has enjoyed working in several different positions. This has led to knowledge of processing, underwriting, and how to close home loans smoothly and quickly. Michael enjoys keeping the borrower and Real Estate Agents involved and updated. He is proactive with any issues that arise, so that they do not hinder any transactions. He strongly believes that a "personal touch" makes all the difference in proving top-notch customer service. Michael is known for his calm demeanor and quick response time to all current and previous clients and business partners. Working at New American Funding has been nothing short of outstanding for Michael. He is an integral contributor to our New American Dream initiative.

Kim Arrington
Branch Manager & Co-Chair, New American Dream
Kim Arrington is not your average Mortgage Consultant. Named in The Diversity Journal, Black Leaders Worth Watching 2021, earning President Council status as a Top Purchase Producer, Branch Manager, Diversity and Community Engagement Director with New American Funding. Kim’s career has focused consistently on earning the trust of her clients and working with first-time homebuyers in coaching them on financial readiness strategies along with educating referral partners within the industry. Kim hosts financial literacy workshops within local high schools and community outreach events. Relationships with her local state agencies, housing agencies, inspectors, and appraisal partners allow her to stay top of mind as to what product and/or programs will be best suited for her client. Educating consumers and seeing them realize the American Dream of Homeownership is her passion.