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New American Funding Home Equity Loans

in Home Equity Loans from New American Funding

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New American Funding Home Equity Loans

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in Home Equity Loans from New American Funding

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Highlights
Highlights
Community Rating Strongly recommended
APR  (Fixed APR) 3.5% - 18%
Loan Amount Starting at $25,000
Loan Term 8 - 30 years
Number of Reviews 10

New American Funding Home Equity Loans Review

Where does New American Funding Home Equity Loans do business?

New American Funding Home Equity Loans is a direct lender based in Tustin, CA. The company was founded in 2003 and offers home equity loans to borrowers in 48 states (and Washington, DC).

What are the home equity loan requirements of New American Funding Home Equity Loans

This lender's maximum loan to value rate is 100%. That means the total debt secured by the property cannot exceed 100% of its value. Let's say you own a property with a current market value of $100k, but you still owe $20k on your mortgage. Your equity would be $80k. In this scenario, if you have good credit, you may qualify for a line of credit of up to $80k.

What home equity loan rates does New American Funding Home Equity Loans offer?

New American Funding Home Equity Loans offers home equity loans with a fixed APR that ranges from 3.5% up to 18%.

Remember the APRs of home equity loans do not include points and financing charges, just the interest rate.

What is the estimated funding time for a home loan via New American Funding Home Equity Loans?

New American Funding Home Equity Loans will typically fund home equity loans within 4 and 7 days of approval.

What fees does New American Funding Home Equity Loans charge for a home equity loan?

New American Funding Home Equity Loans may charge a loan origination fee of $995 to $1,629.

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Contact

  • Headquarters
  •   14511 Myford Road,
    Suite 100
    Tustin, CA 92780
  •   Visit Site

Message from New American Funding

We are a company dedicated to the consumer experience from the first contact, through the process and as we service the loan.

Other Services by New American Funding

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
  Available in 48 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Annual Fee $0
No Prepayment Fee  
Cancellation Fee $0
Origination Fee ($) $995 - $1,629
Minimum Age 18
Credit Score Range 580 - 800
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
Maximum LTV 100%
Supported Income Types
  • 1099 Misc. Income
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
Verification Documents Required
  • Recent Bank Statements
  • Recent Pay Stubs
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
Funding Time Range (in days) 4 - 7
Joint Loans Available  
Loan Amount Starting at $25K
Loan Term 8 - 30 years
APR (Fixed APR) 3.5% - 18%

New American Funding Home Equity Loans Community Reviews

 
 

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