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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 405,335 reviews

Customers were not compensated for their New American Funding reviews.

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.

1.0 September 9, 2021

Review by Travonnie Holmes for Michael McKenzie

Completed transaction on September 9, 2021

Worst experience

1.0 September 9, 2021

Review by Heather Byers for Chris Moore

Completed transaction on September 9, 2021

I was mislead, communication was a nightmare my emails were ignored or answered rudely. For example I asked why there was an out of pocket cost to me when I was told my refinance was no cost, first response was "bad timing" 2nd response was "I can't pay your taxes and insurance for you" That is not an explanation. I've worked with NAF since 2014 this was my third refinance & only NEGATIVE experience but bad enough to want to find a new lending company & definitely not work with same loan officer

1.0 September 9, 2021

Review by Justin Reason for Chris Moore

Completed transaction on September 9, 2021

I’ve been a V.A. loan customer of New American Funding for the last year. Because of the low rates, this January I began shopping for refinance options. Chris Moore reached out to me after my inquiry, but unfortunately I received a lower interest rate and overall better business option. I reached out to Chris Moore and informed him of the events. I apologized, thanked him for doing business, and how I look forward to future opportunities. His response was merely “ok” after a year of business.

1.0 September 9, 2021

Review by Frank Pitchford for New Minion

Completed transaction on September 9, 2021

When documents were required there was very little time given to prepare them. Usually needed the same business day. The loan type had very strict guidelines and it seemed like he waited until the last minute to request everything. Then threaten that I would lose the house if I did not comply. This result in me taking vacation time to prepare documents. I spoke to other lenders who agreed this was not how it should have gone. But I have the house and hopefully will never have to deal with him.

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