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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 415,164 reviews

Customers were not compensated for their New American Funding reviews.

2.0 September 10, 2021

Review by Joseph Blakeley for Michael Ponce

Completed transaction on September 10, 2021

After finalizing the loan, we emailed Mike on 3 different occasions requesting to talk to him. We didn’t receive a call back or an email acknowledging our request. Its a shame because 3/4 of the loan process was perfect. The last quarter of the process felt like a bait and switch due to the fact that the final numbers kept changing after the fact that we had agreed to all of the terms of the loan.

2.0 September 10, 2021

Review by Matthew Davis for Henry Quach

Completed transaction on September 10, 2021

Communication and organization

2.0 September 10, 2021

Review by Abram Clowdus for Carlos Contreras

Completed transaction on September 10, 2021

Obviously the COVID situation has everyone stretched but the lack of attention on my loan was beyond that. I had to constantly call and remind him and his team of upcoming deadlines. For example the signing of docs and the closing date. They missed the closing date by five days- the only reason it closed is I asked the day after scheduled close how it went and got a dumfounded silence on the other end followed by excuses. There is more but this survey is limited to 500char. Not happy.

2.0 September 10, 2021

Review by Christopher Reid for Nathan Cadena

Completed transaction on September 10, 2021

First I had Sean Alexander and he would not return simple phone calls regarding the loan. I guess when he had enough of me trying to call to get answers I was pushed over to Nathan who at least answered the phone. But when it came to fighting a ridiculous under priced appraisal I wrote everything up in a tidy word document (twice) and they still didn't fight for the correct GLA or the fact there was no reason to subtract 15k when both houses were built the same.Forever to close and I helped alot

2.0 September 10, 2021

Review by Kamardeep Athwal for Jake Johnson

Completed transaction on September 10, 2021

My problem is not just with Jake, but with nearly every single person we dealt with throughout this transaction. I would never recommend and have actually steered people away from you guys. Communication is vital, and New American is a failure at communication, company-wide.

2.0 September 10, 2021

Review by Christopher Miller for New Ambrose

Completed transaction on September 10, 2021

We (the sellers and i) were told we were sent a list of insurance agencies to get quotes from. Neither party received any lists. I was able to secure a quote from state farm but instead had to settle with a policy from out of state that Kelly selected for us. Contact and communication were sub par. Closing costs went from 54 dollars to over 600 dollars about 10 mins before sitting down with the attorney to close. I have yet to sign any paperwork with the insurance company she provided. Etc..

2.0 September 10, 2021

Review by Michelle Wyne for Michael Li

Completed transaction on September 10, 2021

We didn't have a issue with Michael, he was the only one that really helped and made a effort and made extra phone calls to resolve issues. No one else could give a straight answer or was willing to find out the answer. In my profession, I deal with human lives and this would not fly with patient family's. When told you are pre-approve and you think that things should run very smooth, it didn't. Right up to the closing things kept changing and things asked for. Glad we had a good real-estate a

2.0 September 10, 2021

Review by Annette Marie Brooks for Michael Li

Completed transaction on September 10, 2021

Lack of communication, docs sent were not sent to the processor, my client was very upset and had an unpleasant experience buying his 1st home because of his lender.

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