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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 402,518 reviews

Customers were not compensated for their New American Funding reviews.

3.0 January 4, 2022

Review by Duc Pham for David Tang

Completed transaction on January 4, 2022

Good advice

3.0 January 3, 2022

Review by Reaz Chowdhury for Luke Stafford

Completed transaction on January 3, 2022

There seems to be gap with underwriter and Loan officer on requirements. Loan officer should be fully aware of documentation require for loan. That would have avoided lots of back and forth. I had to escalate to manager due to lack of response from loan officer. Communication definitely needs improvement.

3.0 January 3, 2022

Review by Annina Macdonald for Alex Babiniec

Completed transaction on January 3, 2022

Alex wasn’t great at explaining what to expect from the full process as far as what steps all need to take place and how long it’ll all take. We had to ask for updates often

3.0 December 31, 2021

Review by Curtis Lacy for Stan Kolakosky

Completed transaction on December 31, 2021

Need better communication.

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!

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