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.
When it comes to Jumbo Loans, New American Funding has more to offer. With our Jumbo Loan Program down to 600 FICO on loan amounts up to $2.5 million, your home purchase or refinance. With our unrestricted access to a variety of programs, our competitive rates and our rapid turnaround times, we simply deliver more.
Now you can finance major renovations and upgrades to your current home, second home, investment property or you can even buy a new home and make it your own! Up to half of the home’s proposed value can be used to make upgrades. Already started on a major renovation project? No problem! You may still be able to finance needed improvements!
FIXED RATE LOANS
With a Fixed Rate Loan, your interest rate and monthly payment will remain the same even if market rates increase. This loan is the most popular home loan because it offers the security of knowing exactly what your mortgage expenses will be for the entire length of the loan. We provide both 30 Year Fixed Rate Loans and 15 Year Fixed Rate 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.
These are federally insured loans that offer financing to people who may struggle to qualify for traditional loans. Typically, FHA loans 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.
If you live in a qualifying suburban town - generally with a population of less than 20,000 - a USDA Loan may be your answer to securing your dream of home ownership. Also referred to as Rural Development Loans, these federally backed and funded loans are the last true No Money Down option on the market. We are approved to do USDA loans. Are you eligible? It takes only 2 minutes to see if you qualify.