< Back to all branch locations
admin login JOIN USOUR TEAM PARTNER WITH US

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 Conventional, FHA, Fixed Rate and Adjustable Rate Mortgages, VA, HARP 2.0, Jumbo, and Reverse Mortgages.

VA LOAN - FOR THE HEROES OF OUR COUNTRY!!

Designed to help active duty military and veterans qualify for homeownership, VA Home Loans are guaranteed by the U.S. Department of Veteran Affairs and feature easy home financing options. Our servicemen and women make many sacrifices for our country; the joys and benefits of homeownership should not be one of them. With a government insured VA mortgage, veterans and military personnel may secure a home purchase loan with no down payment and no monthly mortgage insurance premiums. VA Home Loans are popular as first-time mortgages and for buyers with less-than-perfect credit.

FHA LOAN

FHA Home Loans are federal government insured mortgages that allow lenders, like New American Funding, the opportunity to offer home financing to those who traditionally struggle to secure home financing. Our FHA loan programs have less stringent qualifications, offering great options for homeowners and homebuyers, whether you need a new home loan, or are refinancing your current mortgage.

CONVENTIONAL LOAN

If you are looking to buy or refinance a home but are concerned about interest rates rising over the duration of your mortgage, a Fixed Rate Mortgage from New American Funding might be the best fit for you and your family. One of our most popular types of mortgages, our 30 Year Fixed Rate Mortgage offers homeowners the security of a fixed monthly payment and an interest rate that will never increase.

JUMBO LOAN

Sometimes traditional loans aren’t enough to buy the home you really want. New American Funding can help you finance the purchase of a high-priced home or refinance your current loan with our line of Jumbo and Super Jumbo Loans. When it comes to Jumbo or High-Balance loans, New American Funding has more to offer. With our unrestricted access to a variety of programs, our competitive rates, and our rapid turnaround times, we simply deliver more options to you.

RENOVATION LOAN

Renovations and remodeling projects can add value and comfort to your home. However, many construction projects require up-front cash for materials and labor. If you’re making significant improvements on your house, such as adding a pool or refinishing your kitchen, you may need some home improvement financing. With a home improvement loan from New American Funding, your mortgage balance can exceed the home’s purchase price or current appraised value. This allows you to pull out extra cash to pay for the renovations. Home improvement loans combine a construction loan and a mortgage into one low-rate loan that can fund the entire purchase and renovation project.

REVERSE MORTGAGE LOAN

A Reverse Mortgage is non-recourse loan, which guarantees that borrowers will never owe more than the value of their home. This is possible because of a government insurance program. The loan cannot be outlived, so no debt will be left to heirs and at the end of the loan any remaining equity belongs to them. In fact, heirs are allowed to buy the property for 95% of the appraised value, conducted at the end of the loan, even if the house is underwater. You retain ownership of your home, without making a monthly mortgage payment!

USDA LOAN

USDA loans are mortgages backed the U.S. Department of Agriculture as part of its USDA Rural Development Guaranteed Housing Loan program. USDA loans are available to home buyers with below-average credit, offer 100% financing with reduced mortgage insurance premiums, and feature below-market mortgage rates.