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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 415,817 reviews

Customers were not compensated for their New American Funding reviews.

3.3 September 9, 2021

Review by April Gibson for Melissa Gibson

Completed transaction on September 9, 2021

The process went very smoothly and each member of New American Funding were great to work with. They kept me informed of each step of the loan process.

3.3 September 9, 2021

Review by HARVI DAVILA for Melissa Gibson

Completed transaction on September 9, 2021

We would’ve liked to be more informed of the loan process. Also we were never told about locking in the VA interest rate. We had to call and asked about it.

3.3 September 9, 2021

Review by Allan Cantrell for Melissa Gibson

Completed transaction on September 9, 2021

Overall communication was lacking. There would be information that a member of the team would inform me on and days later I would be asked about the same bit of information from another team member. I understand that the interest rates go up after 6 months of waiting, but initially talking with Melissa i was explained a 1,500 lender credit and only received a little over 600 because credit had dropped below a certain point that was never explained.

3.3 September 9, 2021

Review by Christopher Luckey for Melissa Gibson

Completed transaction on September 9, 2021

There were a couple of instances where we got the impression that not everyone was on the same page. Also, I was signing at closing table when I discovered “mortgage insurance” not “PMI” is permanent on this loan and does not go away after 20%. That’s a life of the loan of $135/month or I can repay closing costs after 20% and likely pay higher in interest by that point. I went with this provider due to preferred lender bonus, and I regret it due to higher interest and aforementioned.

3.3 September 9, 2021

Review by Louis Cole for Nichole Allison

Completed transaction on September 9, 2021

Communication amongest the team seemed off. Is was difficult to get somebody on the phone you really needed them.

3.3 September 9, 2021

Review by Ashadaya Patterson for Nichole Allison

Completed transaction on September 9, 2021

In the beginning of my experience with American funding, it was terrible. My information was transferred without informing me and as a new homeowner, this was very scary/frustrating. I had to take the initial step to find out who would be supporting me as my lender and only got to the bottom of everything after contacting my Relator and she communicated with higher authorities. After this initial issue was settled, Brandi Hill and Michele M were very helpful and addressed all my questions.

3.3 September 9, 2021

Review by Nicole Rowe for Nichole Allison

Completed transaction on September 9, 2021

More attention to detail and less document revisions Assurance that our confidential information was handled securely (asked for same documentation more than once which did not give us confidence that our information was secure)

3.3 September 9, 2021

Review by Sabrina Lanier for Nichole Allison

Completed transaction on September 9, 2021

I wasn't pleased with the last minute communication.

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