New American Funding is a direct lender based in Tustin, CA. The company was founded in 2003 and offers mortgages to borrowers in 48 states across the USA (and Washington, DC).
New American Funding allows borrowers to apply for loan amounts of up to $1,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the mortgage company you choose.
New American Funding offers home loans with APRs starting at 3.612% .
Yes, New American Funding may charge a loan origination fee.
Yes, New American Funding charges additional fees to borrowers who pay off their loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment fees can reduce or even cancel the interest savings of repaying a loan early.
New American Funding offers the following mortgage programs:
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. New American Funding allows the following property usage types:
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