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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 378,194 reviews

Customers were not compensated for their New American Funding reviews.

3.0 December 29, 2021

Review by Rodrigo Herreros for Melvin Williams

Completed transaction on December 29, 2021

It was not communicated my rate lock was expiring and that it would cost additional money to extend it. I was told the title company would handle the payoff of my Carmax loan and that wasn’t the case. They sent me the check payable to CAF for me to handle without a payoff letter which they should have gotten. I was asked to sign the same IRS document 3 times because of mistakes. The loan took way too long to go to closing.

3.0 December 28, 2021

Review by Mary Bosk for Stephanie Graham

Completed transaction on December 28, 2021

Not sending 5+ emails, including on Christmas, telling me to take this survey and not giving me any option to unsubscribe. Stop emailing me.

3.0 December 28, 2021

Review by Laura Curtis for Jennifer Toomey

Completed transaction on December 28, 2021

I felt as though there was a lack of communication; especially in the initial stages of acquiring the loan. I also felt like there were things that were not followed up on until the last minute; specifically the appraisal.

3.0 December 28, 2021

Review by Kenny Shelley for Dayna Lingner

Completed transaction on December 28, 2021

This is not against Dayna personally but the way the loan took forever and contacting someone on the phone seemed at times like there was a lot of communication issues. I had to contact and get information and I get that but 2 and a half months of trying to get a loan closed is horrible. I had unexpected costs that was not disclosed up front like there should have been. I felt like I was pa**ed around between 3-4 people and I did not have one solid person that I feel I could count on. I do not like to complain but was not a happy or smooth ride closing out this loan. Again, the way its setup and the time to get someone on the phone most of the time was a pain in the a** to do. I would get a questioned email and I would respond and then I had to wait most of the time for a reply from all the different people. I was called by a manager and he told me the I'm sorrys and so on, but that did not change the lack of time and communication issues I had and it was so stressful!

3.0 December 25, 2021

Review by Deirdre Clarke for Sarah Dammarell

Completed transaction on December 25, 2021

Interest rate of loan

3.0 December 24, 2021

Review by John Schulte for Matt Brown

Completed transaction on December 24, 2021

Communication. This process took 50+ days to complete. There were spaces of 7 days, 10 days, 14 days of absolutely no communication from anyone. I was almost always the one to initiate communication and had to keep asking for status updates. And why is this survey addressed to John? I did EVERYTHING regarding this process.

3.0 December 20, 2021

Review by Mitchell Burkhart for Garry Seidel

Completed transaction on December 20, 2021

Good communication with Debbie but it was hard to get ahold of Gary.

3.0 December 18, 2021

Review by Nanji Mokola for Rekhshan Hyder

Completed transaction on December 18, 2021

I wish the communication was better, there were several times when I tried to reach out to the lender and she would either unreachable or flustered because I was asking too many questions. Being a first time home buyer, I was expecting to have a better support/understanding personnel. There were also times when the lender and assistant were not on the same page which was frustrating for me as the buyer.

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