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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 382,610 reviews

Customers were not compensated for their New American Funding reviews.

3.5 March 20, 2025

Review by Rachelle Marie Hurst for Phong Duong

Completed transaction on March 20, 2025

Timeline for closing was adjusted too many times, as requirements kept coming up at the last minute. Requirements should have been advised at the beginning of the process, to ensure prompt handling. Had to change mortgage type and was told sellers credit could be applied, then found out the week before closing that it could not. Would suggest a checklist of requirements for buyer as well as checklist of docs received for NAF, as most docs were sent multiple times, yet still requested weeks, even months later. Overall, just happy to have finally closed, after over a year of back & forth messages.

3.5 March 14, 2025

Review by Joseph Hines for Christopher Kim

Completed transaction on March 14, 2025

At the beginning of the process, Christopher was extremely helpful. He told me what I needed to do to get my credit up to get approved. No other loan officer I talked to would help. They just said I don't qualify. After that communication was poor. There wasn't clear instructions on All the documents needed to close until the final week

3.5 March 11, 2025

Review by Levi Steed for Ela Short

Completed transaction on March 11, 2025

Better communication, not leaving the customer in the dark.

3.5 March 11, 2025

Review by Cynthia Holz for Mitch Baker

Completed transaction on March 11, 2025

Not waiting until the last minute to ask for documents, also not giving bad advice

3.5 March 5, 2025

Review by Austin Parks for Tonya Acree

Completed transaction on March 5, 2025

Gloria that deals with getting all the paperwork done and submitting it doesn't know how to do her job and is very rude. We love Tonya but we do not like Gloria.

3.5 March 3, 2025

Review by William Olson for Kaitlyn Scalera

Completed transaction on March 3, 2025

Not taking money from someone that wasn't yours and messing up someone's perfect bank record for it.

3.5 March 1, 2025

Review by Taylor Ritter for Sean Chandy

Completed transaction on March 1, 2025

I wish there had been more transparency about how realistic certain deadlines were and a quicker response to what type of loan we actually qualified for.

3.5 February 26, 2025

Review by Jose L Mont for Nicholas Sahagian

Completed transaction on February 26, 2025

I started my cash out refinance back in October with Jenelle Okuma, and ended it badly. She wouldn't consider a contract of new employment and completely dismissed that I was currently with a company howbeit as a 1099 employee but the same line of work. I then started with Nicholas and He was pretty accessible and knowledgable. But the whole underwriting experience was terrible! Underwriter kept asking for out of the norms documentation such as 4yrs tax returns to average real estate income I was NO LONGER RECEIVING! And it just went on and on from there with unusual documentation request such as evidence documenting how a $2000 tax debt from my 2020 tax returns were paid off. As an experienced Underwriter myself with over 25 years experience in the mortgage industry, it should never take almost 60 days to close a cash out refinance especially in this slow market. I have been a long time customer with an excellent payment history and this experience was frustrating and stressful and I almost started to question if I were a caucasion with a similar profile, would I have been asked for all of this? Prior experiences with NAF were much more pleasant, but these 2 experiences really left me with sour grapes.

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