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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 Patricia Alford for Kyler Breen

Completed transaction on August 18, 2021

Unfortunately, he has an entire team that affects his score. I asked months ago what I needed well before the house was done being built and had we started then, I wouldn't have to pay extra for scores and points and had less delays. Underwriting was the issue and not Kyler per say. If underwriters were more present early on it would have been a pleasant experience.

3.0 August 18, 2021

Review by Bonnie Sheahan for Steve Schauer

Completed transaction on August 18, 2021

We signed and agreement around Nov 2020. Every month they would email for us to send them a copies of our Bank Statement for certain month and/or days, Paychecks, Taxes, Car payment statements. So every month from Nov 2020 to Feb 2021 they asked for this paperwork. THEN(5) days before closing they ask to speak to Ford Credit and our closing gets pushed back. Very nerve racking unnecessarily. So that ruined my 1st house buying. Bonnie J Sheahan

3.0 August 18, 2021

Review by William Driver for Marcus Hinojosa

Completed transaction on August 18, 2021

We were quoted a rate that was not correct. The explanation for how that happened was weak and did not make sense. We had problems with getting the correct kind of insurance as we were not told that the property was a townhouse and not a condo. We could not leave messages as the voicemail box was always full.

3.0 August 18, 2021

Review by Cynthia Hardy for Marcus Hinojosa

Completed transaction on August 18, 2021

Service was inconsistent. The phone voicemail box was full, so we could not leave messages. The rate for the loan that was quoted was not the rate we received. When we called to check on the rate, we were promised repeatedly that it would be fixed. It was not. When we were at the title company to pay, and asked about it once again, we were gaslighted. Afterwards, we were told an excuse that was questionable (new glasses) and were not given even one dollar off the fees that we were paying

3.0 August 18, 2021

Review by Patricia McCormack for Anonymous Anonymous

Completed transaction on August 18, 2021

I think Allen could have been in contact with my husband a little bit more through the process. Didn't hear from him unless something was wrong or my husband contacted him. I was reprimanded (and later rec'd an apology) for not answering the title company's phone calls when it turns out they were dialing the wrong number. We were asked to do a quitclaim deed w/no advanced notice (closing attorney mentioned it) which we rejected and found a simpler solution.

3.0 August 18, 2021

Review by James McFarland for New Trefry

Completed transaction on August 18, 2021

The process took longer than we were told. However that is understandable because of the volume of refi's being processed. But it is important to periodically update the customer, every several weeks, even if there is nothing new to report. We were left wondering if maybe we had just given all of our personnel info to some identity thieves. We also experienced being contacted by other members of your organization, other than Cassandra, with no prenotification and who did not ID themselves well.

3.0 August 18, 2021

Review by Spencer Rietkerk for David McMahon

Completed transaction on August 18, 2021

Told me up front there was no loan fees and then come to find deep into the process that there was one. He managed to waive less than half of it which was not satisfactory. The whole process took much longer than prior experiences and certain things were required that I’ve never experienced in a refinance. All in all I wouldn’t do it again. Wasn’t worth the hassle at all.

3.0 August 18, 2021

Review by Michael Julius for New Morrow

Completed transaction on August 18, 2021

1. The loan process should include a cadence of routine phone calls to both review status/progress and to allow the client to ask questions or express concerns. The NAF process is too reliant upon email. 2. The loan portal is an effective way to securely transmit documents. However, there ought to be an easy way to see all of the documents required versus all of the documents provided and accepted by NAF. My wife and I feel the NAF process is way too fragmented, especially late in the process

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