Skip to main content

New American Funding Reviews

experience.com logo

New American Funding Overall Rating

4.9/5 rating based on 406,591 reviews

Customers were not compensated for their New American Funding reviews.

3.0 September 9, 2021

Review by Sandra for Brittany Mclendon

Completed transaction on September 9, 2021

Wanting a picture of me and My friend Mrs Bowers was just a little to much. And I was wondering if it was the Mtg co it USDA who wanted so very much for a loan it seemed excessive to me.

3.0 September 9, 2021

Review by Debra Backlund for New Welch

Completed transaction on September 9, 2021

Advise the customer in the beginning who is "who" within the organization. Who does what, who is the best person to contact with questions. Provide a list of "next steps" with a timeline. Don't assume that people know what real estate terms mean. i.e., "escrow". To me that meant funds would be held in escrow, but used as associated with our loan, it meant funds would be released at closing for a roof and the attorney "would hold" the checks. Turns out that didn't happen either. CONFUSING

3.0 September 9, 2021

Review by Angelie Simonvil for New Welch

Completed transaction on September 9, 2021

Ok

3.0 September 9, 2021

Review by Kristian Myers for New Welch

Completed transaction on September 9, 2021

Wonida is overall a pleasure to work with but she can talk really fast about technical information that I not always familiar with so it can be hard to keep up. I appreciated the follow up phone calls to ensure I had received everything I needed to start the process. I would have liked to hear from someone sooner prior to a few days to closing. Warm hand offs between the loan officer and attorneys would be helpful. There were a lot of emails from different people asking for confidential info

3.0 September 9, 2021

Review by Peggy Sweeney for Melissa Gibson

Completed transaction on September 9, 2021

It was a total mess. Communication used to be if I call you returned the call within 24 hrs. that doesn't happen. I am glad it is done everyone paid everyone can be happy

3.0 September 9, 2021

Review by Keith Sue for Melissa Gibson

Completed transaction on September 9, 2021

There were some communication issues with our closing and fees that were added after communicating we did not want optional title insurance. The accuracy of closing documents should be a shared responsibility between the loan originator and borrower. In this instance, it felt like everything was left up to us to figure out and decipher. Unfortunately, in this case, our inexperience costs us hundreds of dollars.

3.0 September 9, 2021

Review by Gregory Stowe for Melissa Gibson

Completed transaction on September 9, 2021

Better communication. I didn't seem to be the priority most times we talked. I felt rushed off the phone when I called.

3.0 September 9, 2021

Review by Stephanie York for Melissa Gibson

Completed transaction on September 9, 2021

Essential instructions for down payment methods were forgotten and made closing day more complicated.

Smart Moves Start Here.Smart Moves Start Here.