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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 400,726 reviews

Customers were not compensated for their New American Funding reviews.

1.0 September 9, 2021

Review by Kathryn Franzen for Jesse Funding

Completed transaction on September 9, 2021

The buyers, sellers and brokers were lied to. I have been selling homes for 28 years. This is the worst experience I have ever had with a lender. Lots of promises and a very delayed closing.

1.0 September 9, 2021

Review by Lisa Supanich for Jesse Funding

Completed transaction on September 9, 2021

Communication was not there. It took multiple emails and phone calls to get a response. I was not informed of the required counseling that needed to be done in order to close on the house. I spent the time to track down what the was causing the issue and notified my mortgage team on what the issue was. The CD was wrong and needed to be corrected. I was never informed of the rate change it was just sent in the CD which caused added stress. By far this was the worst experience that I have ever had

1.0 September 9, 2021

Review by Terry Donatto for Jesse Funding

Completed transaction on September 9, 2021

.

1.0 September 9, 2021

Review by Angela Kubitza for Valerie Bommarito

Completed transaction on September 9, 2021

Poor communication. I always had to reach out to her and then wait a week for a response. Never new what was going on with process. Sending in duplicate documents. Completely gave false information with rate and closing costs. Stated my interest rate would be higher to keep closing cost down...then closing costs went up but no decrease in interest rate. Started process on June 12...closed on October 23. Worst experience I have ever had with a refinance!!

1.0 September 9, 2021

Review by Matthew Buckley for Valerie Bommarito

Completed transaction on September 9, 2021

I have applied for over 15 mortgages in my life and this by far and away this has been the most frustrating and unorganized process that I have ever experienced. A process that was supposed to take less than 45 days ended up running close to 90 days due to their ability to be organized. Their disorganization was baffling as I would be asked for the same info multiple times. Unfortunately, I am limited to 500 characters so I can't really express my true discontent with this company.

1.0 September 9, 2021

Review by Tatinia Warren for Michael McKenzie

Completed transaction on September 9, 2021

The lack of communication and response to all parties involve was a disastrous. It cause financial difficulties and emotional distress

1.0 September 9, 2021

Review by Tyneesha Palmer for Michael McKenzie

Completed transaction on September 9, 2021

Lender dropped the ball.

1.0 September 9, 2021

Review by Candra Anderson for Michael McKenzie

Completed transaction on September 9, 2021

The process initially started off okay and pleasant. But, soon after the communication was poor. I received conflicting information from my loan officer. He promised a lender credit of X amount and when I got the disclosures, it was significantly less than promised. I was told there was an error and this was fixed. Unfortunately, that was not the only “error” in the process. His team seemed disjointed and unorganized. I was given incorrect info numerous times.

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