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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.

3.0 April 23, 2022

Review by Theresa Coleman for Robert Sides

Completed transaction on April 23, 2022

Better communication and info regarding title company, deed, rate lock dates, etc.

3.0 April 23, 2022

Review by Valerie Howard for Anthony VanDyke

Completed transaction on April 23, 2022

Better communication on what was going on as I work 7 days a week and needed more time to get needed paperwork in.

3.0 April 22, 2022

Review by Sandra Inouye for Nick Alvarez

Completed transaction on April 22, 2022

Nick was a very nice person, but I did not like the hard sell for the Buyer Accepted Program, My Real Estate agent advised me that it really did not offer any advantage given the structure of my loan and size of my down payment, and she was correct. When the buyer was presented with choice that I could finance the house either way, the buyer said that it did not matter. This happened with two offers I put in, indicating that the BAP did not give me any advantage, yet the product was constantly mentioned even when I made it clear that I was not interested. Again, he was very pleasant and polite, but I felt that he could improve with his listening to the client.

3.0 April 21, 2022

Review by Ina Sargen for Matthew Hoffman

Completed transaction on April 21, 2022

It would have been helpful to better understand the underwriting process and what would be required. Matthew was very helpful in providing information up-front so that I engaged NewAmerican for my refi, however, as the process moved forward there were numerous hurdles that came up due to being self-employed for which I wish he had better prepared me. Additional documentation that was requested as well as requests for documentation which I had already provided.

3.0 April 21, 2022

Review by Andrea Hill for Melissa Gibson

Completed transaction on April 21, 2022

It was mostly from the Buyers side. They were so frustrated with the loan officer on this transaction they almost pulled the plug on it. Thankfully it closed and successfully. I was the agent on both sides.

3.0 April 13, 2022

Review by Janna Carmody for Kevin Garcia

Completed transaction on April 13, 2022

Communication was lacking after paperwork was done online and even after apraisal was done. I had to reach out several times to see status of the loan. I called and emailed several times with no reply. This seemed to take a long time to close and the information they asked for was more than any loan I have done in the past. Seemed excessive for this type of loan

3.0 April 13, 2022

Review by Melissa Hallenbeck for Courtney Minion

Completed transaction on April 13, 2022

More communication earlier than the week of closing

3.0 April 13, 2022

Review by Joseph Howell for CJ Faas

Completed transaction on April 13, 2022

CJ did a great job. The underwriters would tell us they had all the info they needed, the next day they would ask for more info. This was the most unpleasant process I have EVER experienced buying a home. In most cases they had all the info needed, if only they would look at what we had sent.

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