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New American Funding 2022 Mortgage Review

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Those Juicy Bits About New American Funding: Let’s Unpack ’em!

Okay, so you’re on the hunt for the best mortgage lender [/best-mortgage-lenders/], right? I know, it makes your head spin. I’ve been there. House buying, mortgage refinancing – it’s like finding a unicorn. Well, let me help you ride that unicorn. Today, we’re going to dive into New American Funding’s portfolio and compare it with some of the other big fishes in the pond.

Which Way’s the Wind Blowing?

Remember how mortgage rates went all Mount Everest in 2021 and 2022? Yeah, not fun. And it seems like everyone and their dog wanted to get in on house loans. Why? Because who likes a mountain climb, especially when that mountain gets steep every minute?

George Ratiu, Mr. Smarty Pants at Realtor.com, reveals, “The median-priced home now costs around $219 more per month than a year ago.” That’s a whopping $2600 more per year, folks! It’s like someone stealthily reaching into your pocket!

Worried about rising rates? You and me both, pal! So, what’s the solution? Lucky for you and me, New American Funding throws us a lifeline. They offer a wealth of mortgage products each designed for our unique needs and at competitive rates, too! Not too shabby, huh?

Into the Rabbit Hole

Ever dreamt about lowering your monthly payment? Perhaps refinancing your mortgage? But who wants to wrestle with all the technical jargon, right? New American Funding has your back – they lay it all out in plain human language. Everything from navigating different home loan types to securing a better deal is suddenly as easy as pie.

Now remember to buckle up as we explore the nitty-gritty, the gems and pebbles alike, that make New American Funding what it is. We’ll also do some reality checking with three other big players of the mortgage world just to keep things interesting! Who’s ready for some fun?

Meet the Makers

So who are the wizards behind New American Funding? A mister and missus duo, Rick and Patty Arvielo. They’ve turned their humble 2003 set-up into the largest Latino-owned private mortgage company in the good ol’ USA. They’re based out of sunny Orange County, California, with over 170 “Hey, we’re here for you” locations nationwide. And guess what? They’ve been voted the top workplace by The Orange County Register for ten years straight. Influence level: Jedi.

But that’s not it! These folks are on a mission – helping minority communities achieve their homeowner dreams. They’re big with Hispanic and Black borrowers. I’d say that’s a good chunk of the American Dream right there!

So, this brings us to the close, folks. It looks like if you’re playing around with the idea of flexible financial options tailored just for you, New American Funding might be worth a shot. Plus, they offer interest rates and APRs that are just plain impressive. Their fees aren’t splashed all over their website though, so remember to ask about them before shaking hands on any deal.

Here’s a final tip: The above tidbits are up to date as of now. You know the world of finance, right? One day a hero, the next day a zero. So, make sure you check out their website for the freshest nuggets of info. Now, wasn’t that easier than finding a unicorn?

Note: This article first packed its punch on March 24, 2022, on BetterCreditBlog.org. For the newest scoop, please visit: https://www.newamericanfunding.com/

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