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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 415,721 reviews

Customers were not compensated for their New American Funding reviews.

2.5 March 7, 2024

Review by Angela Delise for New Brown

Completed transaction on March 7, 2024

More communication throughout the process. Most lenders send updates as the file progresses through the process. I received no updates unless I initiated communication. Also it would have better if the loan closed on time.

2.5 February 28, 2024

Review by Joanne Soderlind for New Ellingson

Completed transaction on February 28, 2024

I checked in on a weekly basis and was told that we were meeting closing date. Modification of Closing had to be extened twice. My sellers were not happy with how this transaction shaked out.

2.5 February 19, 2024

Review by Sagar Shivaji Mane for Jim Lamb

Completed transaction on February 19, 2024

Jim was really good in getting the loan approval initiated in no time and the approvals were in place and loan was cleared. But as soon as the loan was approved within no time my mortgage was transferred to some new company (roundpoint). And I came to know about it only after I reached out to NJLenders asking about my first EMI dates. It all felt as if they wanted me as a customer till the time they wanted the commission, after that I have Zero value. I will definitely not recommend NJLenders to my friends.

2.5 February 19, 2024

Review by Umapathi Utthamaraj for Indy Johar

Completed transaction on February 19, 2024

First of all, Indy was very responsive after my first contact with him, everything was going great, he answered all my questions promptly and my application went through various stages. Issues started once Indy took himself off the process and handed it over to Nadia, she won't respond to any of my emails or calls, I waited several days for a response only to contact Indy. I don't believe she ever read my emails.

2.5 February 19, 2024

Review by Cathy A Wade for Indy Johar

Completed transaction on February 19, 2024

As I've shared with you, the original interaction was great - on the ball with sending me what was needed, my response, and verification of what was rec'd by you. However then the ball dropped. There was significant delays in processing the loan. Many requests for repetitive information - requested W2's, updated checking account statements, and paystubs. Our credit report even had to be run again as it was due to expire by the time the loan was processed. Closing paperwork 130 pages??

2.5 February 19, 2024

Review by Venkata Veeragoni for Indy Johar

Completed transaction on February 19, 2024

Would have been better if we have received prompt response

2.5 February 8, 2024

Review by Joshua A. Haynes for Sheel Galliara

Completed transaction on February 8, 2024

Be more proactive, communicate, tackle items that may take longer to clear first. Think outside of the box, and be resourceful.

2.5 November 16, 2023

Review by Jennifer Sanchez Lopez for New AguirreLoza

Completed transaction on November 16, 2023

Luz lacks communication, there was a lot of spelling errors as well as errors with SSN's. I feel like this experience would have been a lot better if she gave frequent updates on what's next to come and or what to expect. I had better communication with the realtor that helped look at homes then I did with my loan officer. He answered all my questions in a timely manner. Also, when it came to signing closing document it was pretty rude and unnecessary to sit there and gossip about another clients process while you are trying to focus on what you are signing and asking questions if needed too. I totally understand you may have only 8hrs or work with a lot of clients but there are ways of balancing all the work out.. maybe having an assistant help with updates while loan officers focus on paperwork may help this? I absolutely disliked the lack of communication, and errors. Something she should definitely work on focusing on.

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