New American Funding Home Equity Loans
Would you recommend New American Funding Home Equity Loans to your friends?
| Community Rating | Strongly recommended |
| APR (Fixed APR) |
3.5% - 18% (Verified 08/01/2022) |
| Loan Term (Years) | 8 - 30 years |
| Loan Amount | Starting at $25,000 |
| Maximum LTV | 100% |
| Number of Reviews | 14 |
New American Funding Home Equity Loans Review
New American Funding Home Equity Loans is offered by New American Funding (NMLS #6606), a direct lender founded in 2003 and based in Tustin, CA. New American Funding Home Equity Loans is available in 48 states (and Washington, DC).
New American Funding Home Equity Loans FAQ
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.
What types of property can you use as security for a home equity loan with New American Funding Home Equity Loans?
Lenders often have restrictions on the type of properties they will accept as security for a home equity loan. New American Funding Home Equity Loans will consider loans secured by the following property types:
- Primary home.
- Secondary homes and vacation properties.
- Investment properties and house flipping projects.
Message From New American Funding Home Equity Loans
Contact
- Headquarters
-
14511 Myford Road,
Suite 100
Tustin, CA 92780 USA - (800) 890-1057
- Visit Site
- Email Support
Other Services by New American Funding
Availability
- Alaska
- Alabama
- Arkansas
- Arizona
- California
- Colorado
- Connecticut
- Washington, DC
- Delaware
- Florida
- Georgia
- 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
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Virginia
- Vermont
- Washington
- Wisconsin
- West Virginia
- Wyoming
Feature Breakdown
| Annual Fee | $0 |
| Cancellation Fee | $0 |
| No Prepayment Fee | |
| Origination Fee ($) | $995 - $1,629 |
New American Funding Home Equity Loans Community Reviews
Would you recommend New American Funding Home Equity Loans to your friends?
Other Home Equity Loans
- Capital Bank Home Equity Loan
- Citizens Bank Home Equity Loans
- City National Bank Home Equity Loans
- Community First Credit Union Home Equity Loans
- First Bank & Trust Co. Home Equity Loan
- Members 1st CU Utah Lot Loans Unimproved Land
- Members First CU Florida Home Equity Refinance
- Members First Credit Union Home Equity Installment Loans
- Navy Federal Home Equity Loans
- Regions Bank Home Equity Loans
- Spring EQ Home Equity Loans
- loanDepot Home Equity Loans
