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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 401,445 reviews

Customers were not compensated for their New American Funding reviews.

2.0 June 24, 2021

Review by Gary Griffith for New Garcia

Completed transaction on June 24, 2021

Arnold came on in the last 2 weeks so not all his fault as Nate quit. But this was a refi and I already had my loan with you.?? You sent me 5 letters saying that someone had submitted inquiry into refinancing. The last 2 letters came 6/8 on the same day, really. As smooth as the original loan went this one has been a fiasco.

2.0 June 11, 2021

Review by Donald McDonald for New Sandgren

Completed transaction on June 11, 2021

Honestly, once Serei Prak came into the mix, we were very happy with the process. Serei was always timely with responses, was able to communicate firm dates and and very knowledgeable/helpful with any concerns/questions we had. She's a keeper and prior to her guidance, process was a bit confusing and uncertain. thx

2.0 June 3, 2021

Review by Robert Many for Heather Call

Completed transaction on June 3, 2021

Very poor communication, plus either your organization or Heather, not sure which, seemed very disorganized, no sense of urgency and poor execution.

2.0 May 25, 2021

Review by Jeffrey Mullins for Philip Martinelli

Completed transaction on May 25, 2021

I am a long time customer of new American funding, and when they contacted me to do a refinance I just went along with everything because I have always trusted them. This time I feel like they did not have my best interest at heart. Then sold out to wells Fargo almost immediately. I am not a fan of wells Fargo.

2.0 May 21, 2021

Review by Rene Lopez for New Lazo

Completed transaction on May 21, 2021

Lack of communication once the loan was about to fund. My wife had some pertinent questions that were never fully answered at the time(unanswered emails and phone messages) they were posed. Only recently did we get an email back in reference to the question which basically said we had to handle it on our own. So $5000 spent so we can handle something on our own. I know our loan was not making you guys a large amount of money but you called us… remember? Not a fan and would not recommend.

2.0 May 12, 2021

Review by Rosanna Weeks for Richmond Huynh

Completed transaction on May 12, 2021

9 months ago I was approached by New American finance asking me if I wanted to refinance my existing loan with them. I agreed to it, having been promised that because it was an "in-house" deal, things would go smoothly and swiftly, including no appraisal would be required. Well, it was an excruciating 8 months later that my loan finally closed. I had no idea it would be such a long, tedious intrusive process, or I would never have agreed. Unprofessional, painful experience!

2.0 May 10, 2021

Review by Katana Farber for Joseph Haddad

Completed transaction on May 10, 2021

first, they try and talk you into taking a bunch of extra money, then appraise your house at a ridiculously low amount and try and gouge you with higher interest rates. at closing, person showed up with all the wrong documents and said i needed to pay $300 (call to joseph was never returned). took 5 days to sort it out and then suddenly i was getting more money back. worked with 3 different people and had to submit the same documents to each person because departments cannot communicate?!

2.0 May 10, 2021

Review by Rebecca Jenkins for New Glick

Completed transaction on May 10, 2021

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