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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 415,164 reviews

Customers were not compensated for their New American Funding reviews.

1.0 September 9, 2021

Review by Robert Becker for New Garcia

Completed transaction on September 9, 2021

Transferred my loan before first payment was made...

1.0 September 9, 2021

Review by Kenneth Tuten for Chris Loughnane

Completed transaction on September 9, 2021

Firstly, I want to point out that the start of the loan process went very pleasant. Kris VanWicklen was awesome and always answered my questions. Something happened to Kris so they gave me to Chris Loughnane. I haven’t spoken to loughnane once in this whole process. The worst was Mary Barreto. She messed up my paper work several times and didn’t communicate well at all. Adam Rose was the one I called for any help. I would like to write a longer review please.

1.0 September 9, 2021

Review by Andrew Fresques for Chris Loughnane

Completed transaction on September 9, 2021

Absolutely little to no communication. Took over 3 months to close. We signed and turned in every document required within 24 hours. Many documents that held up our loan were sent to us after the fact and sometimes weren't even necessary for our loan. When we had a question as to why our loan was getting held up, we could never get an answer. No re-fi should take over 3 months to close. Also, how much we had to pay out of pocket was 3 times the amount in our closing estimate. Very frustrating!

1.0 September 9, 2021

Review by Patricia Newman for Chris Loughnane

Completed transaction on September 9, 2021

Very poor communication. I was offered discounts when we first spoke, and when the time came no discounts were given (it was too late in the escrow process to change). The office seemed to be disorganized. The requests being made to 3rd parties (i.e. insurance for condo) were incorrect. All around disappointed and will never work with NewAmerican funding again. but, thanks for asking. We have multiple real estate acquisitions, and in the past they were great, but not anymore.

1.0 September 9, 2021

Review by Victoria Granillo for Chris Loughnane

Completed transaction on September 9, 2021

The lack of his communication and my re-fi information was the worst i have ever experienced.

1.0 September 9, 2021

Review by Paul Haripal for Chris Loughnane

Completed transaction on September 9, 2021

Several of my emails are either unanswered or take several days to respond. At least on three different occasions received documents with incorrect names despite assurances that it has been corrected.

1.0 September 9, 2021

Review by Brenna Allen for Chris Loughnane

Completed transaction on September 9, 2021

Our main frustration with Chris was that he often didn't answer our questions about how the finances of the refinances were determined. He either ignored our emails or provided answers to questions we hadn't asked. We went through long periods without hearing from him, and when we'd reach out, he would ask us to resubmit paperwork we had already completed (we submitted once form at least 3 times). We also had to press him for a 28-year mortgage, which he initially promised.

1.0 September 9, 2021

Review by KURT LEMMAN for Chris Loughnane

Completed transaction on September 9, 2021

Not Taking 4 months to complete a simple refi with a customer of 9 yrs-Not changing the loan terms to add points at the last minute because loan managed incorrectly-Communicating back when you are communicated to. Communication that occurred is what was "coerced" through "multiple" emails and phone calls or the built in communication that your system delivers automatically at the steps of the loan. Does not care a whip about the customer and has no pride in the representation of his company.

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