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New American Funding Branch

Mendota Heights

800 S. Plaza Dr
Mendota Heights, MN 55120

Your New American Mortgage Starts Here

The Best Just Got Better - Marketplace Home Mortgage was acquired by New American Funding!

Founded over a decade ago, our founders, Rick and Patty Arvielo, each contributed their strengths in creating a business that leverages technology and streamlined operations to maximize lending efficiency. Our cutting-edge marketing and technology efforts allow us to compete with large banks.

Our Edina branch is booming with hard-working and talented LOs that are experienced in Conventional, FHA, Streamline, Jumbo, Purchase and Refinance Mortgage Loans. We are committed to honesty in all of our operations, giving back to the communities we serve, and providing impartial mortgage education to the broader public.


Get Started Today!

  • By clicking "Get a Quote" I agree by electronic signature to: 1) Receive disclosures and communications about my loan inquiry in electronic form (I confirm that I have a working computer system and internet website browser to view this webpage); 2) Be contacted about a mortgage by a live agent, artificial or prerecorded voice, and SMS text at my residential or cellular number, dialed manually or by autodialer (consent to be contacted is not a condition to purchase services) and to be contacted via email; I consent to be contacted even if my phone number or email address appears on a New American Funding Do Not Call / Do Not Email List, a State or National Do Not Call Registry, or any other Do Not Contact List.

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Social Survey review of

Tom Reichenbach

This was the smoothest transition into a house that a person could possibly ask for. Tom was wonderful to work with. He was quick to respond to every call or email. So glad we chose to work with him. All his hard work made all the work, I had to do, so much easier. Thanks Tom and your team. You guys are truly amazing. I closed 3-6-19 and we are enjoying every minute thanks to your hard work. - Michelle C.

Social Survey review of

Tom Reichenbach

Tom was extremely responsive always answering his phone promptly. I didn’t have to worry about the lending side of things in his hands, which I can’t say for all lenders. Also a nice guy, and good conversation. Tom did a great job, and I know our client James was very happy with the entire transaction as a whole. - Jordan B.