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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 416,981 reviews

Customers were not compensated for their New American Funding reviews.

1.0 April 22, 2021

Review by Michael Howell for Marcell Walker

Completed transaction on April 22, 2021

There was a lack of communication between the closing agent and Marcell. He would tell me one thing, the closing agent would tell me something totally different. In the end, neither was correct. I was “cleared to close” for 4 weeks before they finally got things together. I was advised not to pay my mortgage with my current lender (this was a refi) and then ended up with late fees and a negative mark on my credit report because of his advice. Not enough room to tell all, but cost me $8000 too

1.0 April 20, 2021

Review by janell henderson for New Welch

Completed transaction on April 20, 2021

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1.0 April 17, 2021

Review by Brendan Walsh for New Nitzen

Completed transaction on April 17, 2021

Called Loyd to look into a loan refinance. He worked quickly and professionally. Unfortunately, the the numbers he came back to me with did not offer great savings. When I said--not angry or upset, just assessing the offer out loud, "that does not seem to represent much savings" Loyd responded with "well, your credit scores are poor at best." Not, "I understand, but those are the best numbers we can do." If you want to be insulted if the numbers are not great. Go ahead and contact Loyd

1.0 April 12, 2021

Review by Sandra Reynoso for Jason Gray

Completed transaction on April 12, 2021

Poor communication. Poor follow up. Not helpful. Inaccurate information. Did not return calls.

1.0 April 10, 2021

Review by Eric Mercado for Luke Bade

Completed transaction on April 10, 2021

Refinance took almost 8 months, poor communication; lack of knowledge dealing with VA loans, overall unpleasant experience. Would not recommend

1.0 April 10, 2021

Review by Daniel Acosta for New Garcia

Completed transaction on April 10, 2021

We were informed that we would receive a refund from our old escrow account after closing the loan. When we receive the check it is a much smaller amount than what was communicated. Then when we call, to discuss this nobody can answer our question. Very cryptic incomplete information, is provided then we are told by Gabriel "we are overreacting - respectfully". Not happy to be told I am overreacting to the fact that I did not get the refund money I was expecting.

1.0 April 7, 2021

Review by Veerendra Mattaparthi for Delilah Sanchez

Completed transaction on April 7, 2021

I have started my application with New American Funding with Delilah as Loan Originator in Mid December 2020 and the refinance was still not completed in April 2021. There were no updates on my application till I ask and is very unresponsive. After close to 4 months they have sent another disclosure increasing the closing costs. Such a waste of time and effort. I did work with other lender in the past for my primary mortgage and they did the refinance in 20 days.

1.0 April 6, 2021

Review by Aaron Hamilton for New Sullivan

Completed transaction on April 6, 2021

Clarity of communication was BEYOND lacking. We felt like we were inconveniencing Kelley at every turn. Due to the short/ unclear direction this process was made to be more complicated than it needed to be. Being less condescending and flip would be a great start. My partner and I called over 15 times between the two of us (not to Kelley directly but Cari because she was generally more helpful), but we could not reach anyone by phone. It likely would have assisted in this very strained dynamic.

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