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New American Funding Reviews

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New American Funding Overall Rating

4.9/5 rating based on 412,914 reviews

Customers were not compensated for their New American Funding reviews.

1.0 June 17, 2021

Review by Ramya Battineni for Rekhshan Hyder

Completed transaction on June 17, 2021

We were left uninformed until the very last minute, put us in a vulnerable position where we had no choice but to spend additional $$, too many versions of the final closing package by the lending team and not once they acknowledged the inefficiency nor the room for improvement they have. Unreliable and not so transparent service. Our realtor with 20 years experience stated he has NEVER experienced having to encounter so many problems we encountered with this lending company.

1.0 June 14, 2021

Review by Matthew Pallante for Allen McAnlis

Completed transaction on June 14, 2021

The process took significantly longer than initially discussed and I’m still waiting for the money we cashed out in our refinance. It’s been 10 days since we signed our docs. I realize there was a 3 business day wait to find but I should have been paid by now. My patience is gone and my experience is going downhill at a rapid rate. At this point I’m regretting going with New American.

1.0 June 12, 2021

Review by Kelley Moore for Floyd Fowler

Completed transaction on June 12, 2021

He started out great. We sent in all of our documents, but now our loan has been in the underwriting process since April 20th with no updates. We have called, texted, emailed, and we have received NO responses or support with this process!

1.0 June 10, 2021

Review by Megan Ebinger for New Myers

Completed transaction on June 10, 2021

Communication, professionalism, and knowledge of loan were severely lacking. This is our second bad experience and we will not be returning.

1.0 June 4, 2021

Review by Eddie Alie for Rekhshan Hyder

Completed transaction on June 4, 2021

Multiple delays and blaming other parties for the delays. We asked (multiple times over a two week period) about POA signing for Buyers out of state and found out literally at the last minute that they couldn't sign from different states and had to physically be in one state which meant the buyers had to travel last minute (and incur undue travel expenses/Flying from IL to AZ) and take unexpected time off from work just to make sure we didn't have another delay as the sellers were tired ....

1.0 June 2, 2021

Review by Justin Valinski for Jacob Hayes

Completed transaction on June 2, 2021

Communication is key in real estate transactions and Jacob along with his team were embarrassing to say the least. It was an absolute circus start to finish. I'd rather sell bibles downtown Tehran than do business with your company again.

1.0 May 30, 2021

Review by Cheryl Birtcil for New Nitzen

Completed transaction on May 30, 2021

Loyd told me about a good interest rate that had a lender credit available to lower the refinance cost. During the whole refinance process there was no communication from Loyd. I ended up paying $2000 more in refinance fees than I was originally quoted due to supposed "expiration dates". He never communicated anything to me about theses costs along the way. Started out as a friendly person and then in the end was deceitful, a liar, and blamed others. Would never recommend him to anyone.

1.0 May 29, 2021

Review by Albert Wilson for Stephen Bergdahl

Completed transaction on May 29, 2021

He was extremely hard to communicate with he's very slow to respond . I left several messages and emails on his direct line and personal cell. I had to call the main number and ask for a supervisor for him to respond. Closing was 3 weeks later than I was informed of.

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