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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 402,393 reviews

Customers were not compensated for their New American Funding reviews.

3.0 August 19, 2021

Review by sbennett8 for Anonymous Anonymous

Completed transaction on August 19, 2021

I went with Omni Fund because they offered the best re-fi rate. However, they failed to make sure that the lender had actually locked in that rate, so we lost 1/8%. The online document signing was great, very convenient. However, I was not kept informed of periodic progress. A week or more would go by without hearing anything until I enquired. They were responsive at that point and would let me know about some delay or other difficulty. It would have been MORE helpful and reassuring for them to have taken the initiative to keep me informed about what the next step was and when I should expect it. At this point, I am still waiting for the loan to be funded.

3.0 August 19, 2021

Review by Curtisa Nyirenda for Anonymous Anonymous

Completed transaction on August 19, 2021

When we first communicated I was told the interest rate was about 4.2%, and I called back when the loan personnel was off his boss told me 3.5%. I feel this was a deception. These are some issues that minorities like me still face in America. A research just came out recently that minorities are still facing unfair lending practices where they pay more 5.3 extra basis points than other borrowers. This has to stop!

3.0 August 19, 2021

Review by Patrick Frankmann for Tania Murray

Completed transaction on August 19, 2021

For the lender to get in touch with the borrower instead of vice versa.

3.0 August 19, 2021

Review by Doreen Mc Mahon for Anonymous Anonymous

Completed transaction on August 19, 2021

I am not a strong communicator via technology and prefer to work with people face-to-face. I fear my lack of finesse set in motion my struggle with email communications causing confusion. While I appreciate the "tool kit" I was sent, I felt it an unreasonable solution to human communication - not sure who has time to read it when they are working, selling/buying a house, and moving. I did appreciate the weekly updates via email. That routine communication gave me a sense of forward movement

3.0 August 19, 2021

Review by Hebe Mordacci for Steve Schauer

Completed transaction on August 19, 2021

I had to request 3 times for Net Sheet . I received it st the very last minute upon my 3er request

3.0 August 19, 2021

Review by Michael Schubert for Coni Davidson

Completed transaction on August 19, 2021

The process was much slower than normal. The lender was very late getting started and getting the appraisal ordered. I will say she communicated much better at the end even though it was slow getting docs to title.

3.0 August 19, 2021

Review by Stephanie Casper for Louis Wonio

Completed transaction on August 19, 2021

It was hard to get direct answers on a few things & very frustrating for the buyers & myself. I felt some of our questions Louis should have known without having to ask underwriting first. Because of that, there was a couple day delay on getting answers & some were never answered. The buyers told me at closing they were not confident until the day before closing that they were going to be able to close. This was very stressful for them & disappointing for being first time home buyers.

3.0 August 19, 2021

Review by Dallas Socia for Anonymous Anonymous

Completed transaction on August 19, 2021

My wife is happy that makes me happy

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