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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 September 9, 2021

Review by Nakia Jones for Rekhshan Hyder

Completed transaction on September 9, 2021

Communication could have been better not sure to what level. There seemed to be a breakdown at the supervisor and underwriter positions. Rekhshan herself is very pleasant, professional and easy to work with.

3.0 September 9, 2021

Review by Ruslan Filyukov for New Seago

Completed transaction on September 9, 2021

Communication started off pretty great. Michael answered questions through txts and calls and would proactively stay in contact. As the time went on, that fell by the way side. Our closing took 3 months. I feel that the only reason it didn't take longer is because I had to continuously reach out and bird dog the process. It felt like our loan just got lost in the process and by reaching out they remembered. No reason for this to take 3 months. Started strong with a disappointing finish...

3.0 September 9, 2021

Review by Jesse Duckery for Sema Kaderi

Completed transaction on September 9, 2021

Let me start by saying I appreciate Sema Kaderi for her assistance. That said, it was such communication difficult at times. Furthermore, Ms. Kaderi's frustration was evident throughout the process. This meaningful process deserves patience and understanding with the customer. We had a lot of questions and it appeared to feel overwhelming to Sema. With that, we felt uncomfortable.

3.0 September 9, 2021

Review by Angel Anderson for Mark Dawson

Completed transaction on September 9, 2021

It could be my loan officer & processor had a lot of business. But prior experiences obtaining a loan or refi, my originator and processor were fast good with updates. This time, turnaround for a reply was reasonable, but not right on it. There was a hiccup with the notary, and I needed a reply asap. They had provided the escrow officers info so I called, then I notified my lending team that I didn't have to write a new check. Not terrible, nice, but not superb.

3.0 September 9, 2021

Review by Deitra Pichey for Mark Dawson

Completed transaction on September 9, 2021

This process took approximately 5 months. My paperwork was lost and communication lacked especially with Bige. Mark did a good job trying to smooth things over but the process was not the best experience.

3.0 September 9, 2021

Review by Kathryn Roman for Robert Martin

Completed transaction on September 9, 2021

As first time buyers more info would have been helpful. Robert would reassure but without concrete steps. (We’ll get it done on time instead of we have to do x, t and z but we’re pretty sure we’ll get it done.)

3.0 September 9, 2021

Review by Jessica Singer for Robert Martin

Completed transaction on September 9, 2021

Based off my experience, I think the level of communication could be greatly improved. Other lending companies I've worked with have videos or shoot emails/texts for financing updates that are really helpful. Answers questions before even having to ask them. My buyers felt a little left in the dark at the last minute with where their financing stood and loan approval. At the end of the day the loan was done so that's great but the communication could be improved upon.

3.0 September 9, 2021

Review by Mechelle Kuld for Robert Martin

Completed transaction on September 9, 2021

Average transaction. Appraisal was completed several weeks prior to closing; there were additional conditions of appraisal that were never communicated until just a few days prior to closing. As the buyer's agent, no one ever mentioned the condition until the day before the scheduled closing. I really never knew the status of the loan until the very end. Great lenders keep their agents informed throughout the entire process.

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