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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 18, 2021

Review by Brenda Exposito for Heather Call

Completed transaction on August 18, 2021

It shouldn't have taken 4months to close refi that had no exceptions and every document requested was promptly provided. The extended time frame ended costing me more money in points to keep my initial rate lock. A terrible experience.

3.0 August 18, 2021

Review by Tamesha Townsend for Tish Scott

Completed transaction on August 18, 2021

Communication was great in the beginning of the process. As the process continued, communication dwindled. I paid for points, which were never spoken about - I read it in the paperwork. By the time of closing, the terms originally brought to my attention were not honored. Granted, they did offer to push back the settlement date but this didn't work for my schedule. People are nice but I believe they're trying to get as many loans processed as possible.

3.0 August 18, 2021

Review by Deborah Diaz for Stephen McKenzie

Completed transaction on August 18, 2021

The process began well but as it progressed communication became less frequent. I will say if I contacted them they always responded, but I would have been more satisfied if they had kept in touch without my calling or texting them. In all fairness I believe it was underwriting and funding that caused the delays. IAs a customer I would have appreciated a weekly update even if it was, it’s still with underwriting or with whom ever versus no communication. Debbie was wonderful to work with.

3.0 August 18, 2021

Review by Manuel Sanchez for Tania Murray

Completed transaction on August 18, 2021

Na

3.0 August 18, 2021

Review by Martin Wedel for New Mair

Completed transaction on August 18, 2021

More communication from our loan officer Jeff. I mainly communicated to Echo after Jeff had the initial application and documents completed. 98% of communication was initiated by me.

3.0 August 18, 2021

Review by Sourav Pramanik for New McCaslin

Completed transaction on August 18, 2021

Comparing to my previous lenders I found a good deal with NAF but it came at some added costs, 1. Closing costs were high compared to my previous lenders 2. The complete process was very time consuming 3. There were multiple parties involved asking for information through phone calls and emails. 4. There was no single point point of contact for all the information exchanges.

3.0 August 18, 2021

Review by Jesus Cruz Ortiz for Salvador Ortiz

Completed transaction on August 18, 2021

More communication between all parties and explain the costumers step by step of the process especially if is first time home buyers...

3.0 August 18, 2021

Review by Nicholas Petroff for New Hohe

Completed transaction on August 18, 2021

na

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