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3.4
13 ratings
3.7
Salary & Benefits
2.5
Professional growth
3.5
Work-Life balance
3.5
Recognition & Support
3.6
Culture & Values
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New American Funding is an independent mortgage lender headquartered in Orange County, California, progressing to assist families and individuals improve their quality of living through home ownership. Rick and Patty Arvielo founded New American Funding in 2003, incorporating their expertise to create a progressive business from its humble beginnings. A highly efficient lending process was created, fusing technology and streamlined operations into a business model that remain efficient and effective till date. Its accelerated growth has continued to be prominent among communities looking for a home, accelerated by utilizing innovative technology like a set of mobile apps, featuring GoGo LO, an on-the-go version of New American Funding’s proprietary CRM software. Foundational principles still guide the company’s future motives enabling it to employ about 3,800 individuals, establish 204 nationwide branches, maintain a servicing portfolio of over 141,000 loans, seeking new prospects to join them and reshape the digital mortgage landscape.

Company - Private
Large
Multiple locations
Credit Intermediation Companies
1987

Departments

What departments New American Funding employees work at?
DepartmentsRatio
Credit / Loan49.6%
other occupation26.1%
Sales Managers & Supervisors7.6%
Administrative - Other7.3%
Financial Managers6.5%
Financial Analysts and Advisors3%
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Team

Professional experience

Professional Growth

How many years of experience do New American Funding employees have before joining?
Years of experience at New American Funding: Newcomers: 16%, Experiencers: 17%, Experts: 21%, Veterans: 46%. New American Funding employees have 8+ years experience on average before joining.
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Professional Growth

Where did New American Funding employees work before joining?
Where they've worked before New American Funding: Bank of America, Caliber Home Loans, loanDepot. Typical New American Funding employees have worked at Bank of America.
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Bank of America
Caliber Home Loans
loanDepot

Professional Growth

What industries did New American Funding employees work in previously?
Industry Background: The most typical industries of New American Funding: Commercial Banking Companies, Insurance Agency & Brokerage Firms, Finance & Insurance Companies, Investment Banking & Securities Brokerage Firms, Credit Intermediation Companies. New American Funding employees most likely come from a Commercial Banking Companies industry background.
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Professional Growth

Where did New American Funding employees work before joining?
Past employers' size at New American Funding: Small: 29%, Medium: 26%, Large: 45%. Most New American Funding employees have previously worked at large companies.
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Educational background

Educational background

What did employees at New American Funding study?
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Top educational institutions

Where did employees at New American Funding study?
California State University-Fullerton
California State University-Long Beach
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Employee data

Professional Growth

How long do people stay in a role at New American Funding?
Time employed at New American Funding: <1: 21%, 1-3: 43%, 4-8: 34%, 9-13: 2%, 14-20: 0%, 20+: 0%. Most New American Funding employees stay with the company for 1-3 years which is less than the industry average.
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Culture & Values

How does New American Funding rank for age & gender diversity?
Gender ratio at New American Funding: 59.8% Male and 40.2% Female. Age ratio at New American Funding: 16-20: 0%, 21-30: 32%, 31-40: 35%, 41-50: 19%, 51-60: 12%, 60+: 2%. New American Funding rates - 2.8% less female than the industry average. Most New American Funding employees are 31-40, which is on par with the industry median age range.
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Career advancement

Professional Growth

How does New American Funding rank for career advancement?
Career advancement at New American Funding: very low. New American Funding ranks very low for career advancement which is below the industry average.
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Professional Growth

What companies do New American Funding employees go on to work at?
Future employers of New American Funding: American Financial Network, Caliber Home Loans, Fairway Independent Mortgage, Finance of America Mortgage LLC, Guild Mortgage. People who work at New American Funding most typically go on to work for the American Financial Network.
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American Financial Network
Caliber Home Loans
Fairway Independent Mortgage
Finance of America Mortgage LLC
Guild Mortgage