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 mortgage refinancing to borrowers in 48 statess across the USA (and Washington, DC).
What is the maximum loan term for a mortgage refinance via New American Funding?
The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. New American Funding offers mortgages refinancing with terms ranging from 15 to 30 years.
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?
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 does New American Funding offer?
New American Funding offers the following mortgage programs:
- Conventional mortgages
- FHA 203k
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
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
- Multi-Family Home
- Single Family Home
- Active Duty Military
- Military Dependent
- Primary Home
- Secondary Home
- U.S. Citizen
- U.S. Permanent Resident
- Employed Full-Time
- Employed Part-Time
- Government Issued Photo ID
- Proof of Identity
- Proof of Income
- Recent Pay Stubs
- Driver License (or other photo ID)
- Proof of citizenship/residence (Green Card)