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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 411,904 reviews

Customers were not compensated for their New American Funding reviews.

3.0 August 18, 2021

Review by Trevor Williams for New Westbrook

Completed transaction on August 18, 2021

I feel like the communication through this process could have been better. Due to some unseen circumstances that came up I am sympathetic for that. However if there was a plan to make up for that then it would have solved a lot of issues moving forward. The process took longer than expected. Resulting in missing a lower interest rate. And a lot of unpleasant conversations. I know what this company and Deon are capable of so I am optimistic that it will be better moving forward.

3.0 August 18, 2021

Review by Johnny Teague for Jennifer Toomey

Completed transaction on August 18, 2021

it seemed to be a very long process. I would have liked it better if it went quicker.

3.0 August 18, 2021

Review by Christie Villafuerte for Anonymous Anonymous

Completed transaction on August 18, 2021

Better communication from the lender, after a certain moment his communication was disappointing. I would text and not get a response. Also tried calling and wouldn’t get a response either. Although I have to say he did communicate well with the buyer, just not so much with buyer’s agent.

3.0 August 18, 2021

Review by Ryan Van Nuys for Anonymous Anonymous

Completed transaction on August 18, 2021

The experience was ok, not bad not great. I think some updating in your upload portals, e signatures, and document management would go a long way in improving things.

3.0 August 18, 2021

Review by Lonnie George for New Arutunian

Completed transaction on August 18, 2021

Armine was very helpful and responded to all my texts and calls in a timely manner. She is very professional and I would like to thank Armine for her services.

3.0 August 18, 2021

Review by Jeffrey Margolis for Anonymous Anonymous

Completed transaction on August 18, 2021

New American waiting until too late in the process to get an appraisal. After quoting $450, the price jumped to over $2,000 because they couldn't find an appraiser in the area. I found one for them. The price then came down to $800 (still too high). Close of escrow was held up 12 days as a result. There were requests for docs that I had already given them. The escrow company and property owner received timelier and better info from NAF than I did. Frustrating experience.

3.0 August 18, 2021

Review by Eddie Collado for Anonymous Anonymous

Completed transaction on August 18, 2021

When it came time to close and we weren’t able to close on time, the communication from Hector was almost non-existent. Up until that time, Hector was great. I understand that delays happen but when they do, there should still be communication. I would rather know why we’re delayed than sit in the dark wondering.

3.0 August 18, 2021

Review by Erica Corgel for Anthony Pasqua

Completed transaction on August 18, 2021

The whole experience with New American has felt shady. It wasn't until I was able to connect with an actual call center to ask the status of our refinance funding that I finally felt comfortable that it wasn't a scam. We thought that this whole thing could be done online, but then it was almost entirely phone calls and asks for W-2s, tax returns, etc. over unsecured emails. Additionally, there was always something URGENT, but it still took nearly 3 months to close.

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