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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 401,823 reviews

Customers were not compensated for their New American Funding reviews.

2.3 August 15, 2022

Review by Mallary McClintock for Adam Rafik

Completed transaction on August 15, 2022

Communication with all parties involved was lacking.

2.3 August 13, 2022

Review by Chelsea Drake for Katy Andrews

Completed transaction on August 13, 2022

1. On multiple occasions we were asked to submit documents that we had already supplied. 2. Katy primarily communicated via text and was difficult to reach over the phone, which I felt was unprofessional. 3. Two days prior to closing we were informed there was missing documentation that would delay processing our loan. I was able to obtain this paperwork from my employer the next day, but still it delayed our ability to close. This seemed like something Katy should have known about well in advance. 4. The loan paperwork for closing was incorrect on two occasions. We noticed the first error while at the title company prepared to sign closing documents. The second instance was caught by our realtor, who saved us another 2 hour drive which would have been a waste of everyone’s time (again). 5. Ultimately we closed 6 days later than planned. Because of this we had to pay an additional $400 for the moving company to hold our belongings.

2.3 August 5, 2022

Review by Faith Galvan for New DuPree

Completed transaction on August 5, 2022

If the lender would have adhered to the contract deadlines and worked more diligently to meet those deadlines. The client was never kept in the loop and we had to push closing multiple times due to issues in the lender’s control

2.3 August 5, 2022

Review by Bailey Luthi for New Alvarez

Completed transaction on August 5, 2022

If they had refrained from issuing the commitment letter until after underwriting had actually done their full credit check it would have saved us all a whole lot of time and annoyance. Nearly killed the deal and then William (and his primary point of contact) we're out of town when we needed the get the clear to close. Claims to know how to write loans for all 50 states, this was clearly not the case. I've never had an experience like that before.

2.3 August 5, 2022

Review by Dana Carter for New Baack

Completed transaction on August 5, 2022

Better communication, and had we had that commission wouldn't have been cut. We had numerous delays in closing as well.

2.3 August 4, 2022

Review by Carey Adamiec for New Lentz

Completed transaction on August 4, 2022

Loan processing commitment nonexistent. Sitting on an appraisal for 10+ days in this market is unreal. Third party communications were inadequate. Loan programs and products were not presented or explained.

2.3 August 2, 2022

Review by Brigitta Thurn for Taylor Hoff

Completed transaction on August 2, 2022

Better communication

2.3 July 26, 2022

Review by Sarah Eppler-Epstein for Jessica Cruciger

Completed transaction on July 26, 2022

Jessica was very friendly and helpful, we didn’t have any issues with her. However we had very frustrating experiences with the two loan processors we worked with (Rachel Halpin and John Ray). Rachel provided misleading information that caused a delay. John was very friendly when we were able to speak on the phone but did not respond to our email messages in a timely manner. In general, we had months until closing yet everything was left until the last minute. Not professional and we definitely won’t be recommending New American Funding.

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