Is New American Funding Home Mortgage the right fit for you?
Last Updated: 02/02/2026
SuperMoney User Recommendation Score +96
Strongly recommended46 total votes
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Highlights
Community Rating
Strongly recommended
Credit Score Range
Starting at 620
Amount Range
Starting at $50,000
Loan Term (Years)
8 - 30
Number of Reviews
New American Funding Home Mortgage Review
New American Funding Home Mortgage is offered by New American Funding (NMLS #6606), a direct lender founded in 2003 and based in Austin, TX. New American Funding are available in 49 states and Washington, DC.
Key Takeaways
- Wide selection of mortgage programs offered. New American Funding Home Mortgage offers FHA, USDA, VA, jumbo, conforming, and conventional mortgages.
- Financing for a variety of property types. Offers home loans for manufactured, single, and multi-family homes.
- Standard interest rates types. New American Funding Home Mortgage offers adjustable-rate mortgages and fixed-rate mortgages.
- Investment and personal use properties considered. Financing available for primary homes, vacation homes, and even investment homes, such as rental properties.
- Fast process. In some cases you can close on your home loan within 1 business day.
- Cosigner and coborrower applications accepted. A cosigner or coborrower can help you qualify for better rates and terms when applying for New American Funding Home Mortgage.
- Fair credit accepted. Borrowers with a credit score as low as 620 may qualify for New American Funding Home Mortgage.
- High maximum DTI ratio. New American Funding Home Mortgage requires a debt-to-income ratio of less than 52%. This ratio includes all your monthly debts, not just your proposed mortgage payment. Typically, lenders have a maximum DTI of 43% or lower.
New American Funding Home Mortgage Pros & Cons
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New American Funding FAQ
What is the maximum loan term you can get with New American Funding?
New American Funding offers mortgages with terms ranging from 8 to 30 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
What mortgage rates does New American Funding offer?
Mortgage rates change daily based on market conditions and vary significantly depending on the loan type and the length of the term. For instance, fixed rate mortgages will typically have a higher interest rate than mortgages with variable rates, and jumbo loans usually have higher mortgage rates than conforming conventional loans. Find the best interest rate available to you by getting quotes from three or more mortgage lenders before choosing a home loan.
What is the estimated funding time?
New American Funding will typically fund mortgages within 1 and 5 days of approval.
Do they charge mortgage origination fees?
Yes, New American Funding may charge a loan origination fee .
Does New American Funding charge prepayment fees?
No, New American Funding does not charge prepayment fees. This means you will not have to pay additional fees if you decide to repay the mortgage early.
What mortgage programs are available?
Besides conventional mortgages, New American Funding offers the following mortgage types:
- FHA loans: FHA loans are mortgages insured by the FHA. They offer competitive mortgage rates and have less stringent eligibility requirements. However, borrowers must pay a mortgage insurance premium. For instance, you can apply for an FHA loan with a credit score as low as 580. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- Jumbo loans: Any mortgage with a loan amount above the conforming loan limits set by the Federal Housing Finance Agency.
- USDA loans: A zero down payment mortgage loan with low mortgage rates for suburban and rural homebuyers. The USDA doesn't require a minimum credit score, but most mortgage lenders require a minimum credit score of 640.
- VA loans: A zero down payment mortgage or a refinance of up to 100% of the home's value for American military members, veterans, and their spouses. VA loans offer competitive mortgage rates, and don't have a minimum credit score. However, the mortgage lenders that offer them will typically require a credit score of at least 640.
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
- Secondary homes and vacation properties
- Investment properties and house flipping projects
What is the customer service phone number?
The customer service number for New American Funding Home Mortgage is (800) 890-1057.
What is the support contact email?
The support contact email for is CustomerService@nafinc.com.
How do people rate the customer service and user experience?
Overall, this business is strongly recommended based on community reviews that rate customer service and user experience.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
Closed
Monday
9:00AM - 5:00PM
Tuesday
9:00AM - 5:00PM
Wednesday
9:00AM - 5:00PM
Thursday
9:00AM - 5:00PM
Friday
9:00AM - 5:00PM
Saturday
Closed
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Mortgage Refinance
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SuperMoney Net Recommendation Score
SuperMoney users strongly recommend this product, giving it a user recommendation score of +96, or 4.9 on a 5-point rating scale.
+96
-1000+100
No one recommends
Everyone recommends
New American Funding Home Mortgage Community Reviews
Would you recommend New American Funding Home Mortgage to your friends?
KL
Kym L.
Apr 13, 2025
May or may not recommend
I am new, just on the website but very professional
Janet H.
Oct 19, 2023
May or may not recommend
I've had an excellent experience with New American Funding. Please request Jefferey Giger
MC
Mazhar C.
Nov 29, 2022
May or may not recommend
New American is perfect. It offers wide variety without much stress, and things are always done incredibly fast. Customer service is always phenomenal and I can't recall a bad moment with them.
MC
Mazhar C.
Nov 25, 2022
May or may not recommend
New American Funding does not charge prepayment fees! They fund mortgages within 1 and 5 days of approval and those with fair credit can also apply. Their property type includes single/multi-family home, townhome, manufactured home etc.
They have an amazing service, I strongly recommend if you looking into loans for your mortgage.
Debby T.
Oct 19, 2022
May or may not recommend
New American Funding does not charge prepayment fees! They fund mortgages within 1 and 5 days of approval and those with fair credit can also apply. Their property type includes single/multi-family home, townhome, manufactured home etc.
They have an amazing service, I strongly recommend if you looking into loans for your mortgage.
AY
Aleena Y.
Oct 17, 2022
May or may not recommend
You guys are amazing!! New American Funding offers a large menu of loan products. I was delightful experience and stress-free experience during the buying process. I strongly recommend them anytime any day because I am also an happy customer.
RF
Robelys F.
May 22, 2022
May or may not recommend
I have not seen a better service than New American Funding Home Mortgage they are very kind and super recommended
PW
Patricia W.
May 6, 2022
May or may not recommend
Rocket mortgage is not for the American people. It would not let me leave a rating and I’m going to give them a rating of a zero. The company must be owned by the elite Rockefellers Roth Childs Vanguard Black rock I’m sure they’re involved do not go to rocket mortgage if you’re a blue-collar American need not apply. I will make sure that I post and tell all my ...Show More
TS
Tamirah S.
May 2, 2022
May or may not recommend
When searching for my home New American Funding Home Mortgage provided me with a quote and I was able to buy my 1st beautiful home.
NL
Natalie L.
Mar 10, 2022
May or may not recommend
I was looking for a new home and I heard about New American Funding Home Mortgage. I went to the website and I was really impressed with the great rates and zero payment fees. I called them up and a really nice woman helped me out from start to finish. She was very professional and helpful!
I would highly recommend this company to anyone looking for a new home loan!
BM
Bonnie M.
Feb 23, 2022
May or may not recommend
Got a great loan at a great rate. Very fast also. If you happen to live in Georgia, I'd definitely recommend using their services!
ET
El T.
Aug 25, 2021
May or may not recommend
You guys are amazing!! Always willing to help and guide in my financial needs. Thank you so much!
Cruzi
Jul 20, 2021
May or may not recommend
This is really useful for me, I can't believe there is $0 payment fee, is great. Also, is available in 48 state which shows how serious this company is. I would 100% recommend it.
FC
Florencia C.
Jul 15, 2021
May or may not recommend
I highly recommend it. It's very trust worthy. New American Funding offers a large menu of loan products. You can get a quote by filling out an online form that takes just a few minutes. It's quick, it's effective, and it's reliable.
OB
Orion B.
Jun 17, 2021
May or may not recommend
New American is perfect. It offers wide variety without much stress, and things are always done incredibly fast. Customer service is always phenomenal and I can't recall a bad moment with them.
FB
Felix B.
May 19, 2021
May or may not recommend
After struggling to get approved for a mortgage loan because of collections and low credit score. new american funding was able to help fix my credit and help me get the i loan i needed and into the home of my choice.The loan officer was very efficient and informative every step of the way. THANK YOU NEW AMERICAN FUNDING. (I consolidated a few credit card debts before hand to qualify, ...Show More
GO
Gerald O.
May 18, 2021
May or may not recommend
The professionals at NAF took my wife and I through our refi loan quick and easy. The interest rate and terms were so good, even my friend in the business couldn't touch it! Our processor, Carly Huskins and her team, provided a couple quick tips on raising our credit scores to get the very best rate. We were pointed to Royalfinancialrescue who went deep into our credit issues and ...Show More
RC
Robert C.
May 6, 2021
May or may not recommend
This was my second home purchase. 100% availability and response rate. I was delightful experience and stress-free experience during the buying process . I would highly suggest working with New American Funding as they are capable and willing to work with anyone. i couldn't be more happier.
NC
Nick C.
Jan 21, 2021
May or may not recommend
Highly recommended! My experience with this company was extremely smooth and pleasant.
ST
Samuel T.
Jan 14, 2021
May or may not recommend
We will strongly recommend this mortgage company for any individual who wants to purchase any mortgaged property. Unlike other mortgage homes, there are numerous options to pick at this company. Irrespective of the option you select, you would get nothing but the best housing service. The customer service option is also user-friendly and ready to render their service at your leisure. I hardly recommend mortgage business. But I would like ...Show More
Showing 20 of 46 reviews
