How many mortgage lenders have won an award for ethics?

New American Funding has. And doing the right thing has always been right for their business.

As the winners of the 2019 International Torch Award for Ethics from the Better Business Bureau – the first independent mortgage lender to do so – the company was recognized for exemplifying the best practices in leadership, character, and organizational ethics.

With integrity as their cornerstone, the husband and wife team of Rick and Patty Arvielo launched New American Funding in 2003 as a 40-employee refinance call center. From the start, the couple’s special skillsets uniquely complemented each other and the business. Rick’s insatiable entrepreneurial spirit and technical aptitude drove an efficient business model designed around time-saving software. As President of the company, Patty’s provided crucial insights from her extensive mortgage background that ultimately brought the entire loan process in-house.

The dynamic duo soon became unstoppable, rapidly expanding with loan branches across the country. For added efficiency, they brought the entire loan process in-house – origination, processing, underwriting, funding, and servicing – to bring clients and partners a positive, faster lending experience. Today, New American Funding is a top national lender and offers several niche loan products, while developing innovative technology to keep its Loan Originators constantly at the cutting edge of productivity.

Making sure that the underserved are now fully served has always been a top priority the business. Through the New American Dream and Latino Focus initiatives, the company is able to reach out to the Black and Hispanic communities with education and opportunities to help realize the dream of homeownership.

New American Funding’s passion for helping others extends to the community, hosting numerous food, toy, and clothing drives to support those in need. Patty also currently serves on the National Park Foundation™ Board of Directors and continues her mentoring as a member of the Executive Board of Big Brothers and Sisters (BBBS) of Orange County. Together, the Arvielos are active with the WE Charity, which focuses on education, water, health, food and economic opportunity in Asia, Africa, and Latin America, including building much-needed classrooms, providing teacher training and a highly successful immunization program.   Headquartered in Orange County, California, the family-owned business is licensed in 49 states with locations across the U.S. The company offers a variety of home loan options including: Conventional, FHA, Cash Out, Fixed Rate and Adjustable Rate Mortgages, VA, Jumbo, and more. The company is a Fannie Mae, Freddie Mac and Ginnie Mae Direct Seller/Servicer, FHA Direct Endorsement, and VA Automatic mortgage lender. NMLS #6606.