Where does New American Funding do business?
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).
How much can you borrow via New American Funding?
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 lender you choose.
What range of rates does New American Funding offer?
New American Funding offers home loans with APRs starting at 3.612% .
Does New American Funding charge a mortgage origination fee?
Yes, New American Funding may charge a loan origination fee.
Does New American Funding charge prepayment fees?
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.
What mortgage programs does New American Funding offer?
New American Funding offers the following mortgage programs:
- Conventional mortgages
What property usage types does New American Funding allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. New American Funding allows the following property usage types:
- Primary home
Other Services by New American Funding
- Washington, DC
- New Hampshire
- New Jersey
- New Mexico
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia