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Learn More About Products Available to You

Every story of home buying is unique, so we offer a variety of loans to meet our clients’ needs.

We specialize in:

  • VA
  • FHA
  • Conventional
  • Fixed Rate and Adjustable Rate Mortgages
  • Jumbo
  • Reverse Mortgages.

VA Loans

Active duty military personnel and veterans can qualify for special mortgage rates and housing programs that are federally insured by the United States Department of Veterans Affairs. 100% Financing down to 580 credit score!

VA IRRRL (Interest Rate Reduction Refinance Loan)

IRRRL stands for Interest Rate Reduction Refinance Loan. Some might refer to this type of refinance as a “VA Streamline” or “VA to VA.” This product is used when refinancing an already existing VA backed loan. Minimal Documentation No Appraisal Required No Money Down No Mortgage Insurance 30, 25, 20, & 15 Year options

FHA Loans

These are federally insured loans that require little to no down payment, and feature flexible terms, making them popular among first-time home buyers and those with less-than perfect credit. As little as 3.5% down payment May qualify for down payment assistance programs that will cover your 3.5% down payment Credit scores as low as 580 Can be used on manufactured homes (double wide)

USDA Loans

The USDA RD guarantee loan program enables eligible home buyers to purchase a home with $0 down while also obtaining a favorable interest rate. The program is primarily designed to be used by low to moderate-income individuals and families in rural areas • $0 down payment is required to purchase a home guaranteed by USDA • Credit scores as low as 580 • There’s no maximum purchase price • Flexible credit guidelines make it easier to get approved

Conventional Loans (Freddie Mac & Fannie Mae)

Conventional mortgages are your loans that are not insured or guaranteed by the federal government. A conventional, or conforming mortgage adheres to the guidelines set by Freddie Mac or Fannie Mae.

Down Payment Assistance

New American Funding offers a variety of down payment assistance programs that help you to obtain homeownership with little to no money down.