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New American Funding

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New American Funding

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New American Funding Overview

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  • www.newamericanfunding.com
  • Tustin, CA
  • 1001 to 5000 Employees
  • 2003
  • Company - Private
  • Banking & Lending
  • $500 million to $1 billion (USD)

CompetitorsCashCall, loanDepot, Rocket Companies
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New American Funding is a family-owned mortgage banker. We’re a Fannie Mae, Freddie Mac, and Ginnie Mae direct lender, seller, and servicer with call center, distributed retail, and builder divisions. We have branches across the nation, thousands of employees, we fund ...
Mission: Our mission is to provide homeowners and future homeowners a variety of home financing options at competitive rates; fulfilling their needs in a manner that enhances their standard of living in realizing the American Dream. NMLS #6606 (and a fun place to work doesn't hurt ...

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New American Funding Reviews

New American Funding678
3.7
63%
Recommend to a Friend
82%
Approve of CEO
Rick Arvielo
Rick Arvielo
468 Ratings
5.0
Former Employee, less than 1 year

"Great company"

Jan 13, 2023 - Loan Officer
Recommends
Approves of CEO

Pros

Great company culture, training & support

Cons

Pipeline expectations - lots of factors outside employee control such as market conditions, interest rates and pricing, & no work life balance. Customers complaining about high closing cost fees &
See All 688 Reviews

Diversity & Inclusion at New American Funding

4.1
(303 Reviews)

FAQs about Diversity, Equity & Inclusion

All answers shown come directly from New American Funding Reviews and are not edited or altered.

How is diversity at New American Funding?

...It is so unfortunate that they haven’t worked to fix it with as I came to the company based on the diversity and inclusion and feel as though it is misleading...Read More

Read 10 more responses

New American Funding Photos

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New American Funding Interviews

Experience
Positive63%
Negative34%
Neutral3%
Getting an Interview
Applied online52%
Employee Referral20%
In Person11%
Difficulty
2.7
Average
HardAverageEasy

  1. Senior Software Engineer Interview

    Anonymous Employee in Los Angeles, CA
    Declined Offer
    Negative Experience
    Easy Interview
    Application

    I applied online. I interviewed at New American Funding (Los Angeles, CA) in Jan 2023

    Interview

    I had the interview a day ago, and I’m not going to wait for feedback before I write this review!! The experience was too bad that even in the unlikely event of receiving an offer, I won’t consider it. The interview included three steps 1- A quick screening by a very well organized and friendly recruiter. 2- An hour video call with two friendly directors, was asked some behavioral and technical questions, over all very nice experience. So far, I had a very good impression. 3- Next day I received a call from the recruiter to schedule a 3rd interview (technical). Then I had what is BY FAR the weirdest and least professional interview I ever had! A mid-level developer that was leading the interview! and a senior developer that was a spectator for the most part! It started with “why did you leave your previous job” which was kind of weird since I had a previous interview with two managers! you'd think the developers conducting a technical interview will assume I was already asked this question, anyway I answered and didn't think much of it. The next question was (again by the mid-level developer) "Why are you applying for a senior position, you were an architect in your previous job, are you just trying to get your foot through the door and then rapidly get a promotion??!!" At that point I was very tempted to conclude the interview, I could see were this is going, but I thought I will entertain this charade a little bit. The interview lasted 33 minutes, during which I was NOT asked a single direct technical question!!! Only few silly and pointless questions. "What is your favorite C# feature? Did you ever use (insert random technology that isn’t listed on the job description or on my resume) These guys clearly didn’t want someone with more experience on the team, and the nerves on that kid asking behavioral questions!! Like at best this shows me that you have no faith or trust in your managers and you think you can do a better job analyzing my answers than them!! But of course, it wasn’t about that, they just didn’t want someone with more relevant experience on the team. The Management share the blame, this is a company with a ton of legacy applications, and they just started modernizing their applications, moving to the cloud and applying a micro-service architecture, and yet they picked a midlevel developer that never worked on a big project before (his LinkedIn profile states that he was a tech support until a year ago) to conduct the interview and ask questions about things he has no experience with! Clearly there is no oversight in this company! A tech support is suddenly architecting their applications! did they really think he would want any sort of competition. Overall, a very bad experience and a very bad reflection on how decisions are made in this company!
    Interview

    Are you just trying to get your foot through the door and then rapidly get a promotion?

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Company Updates

October 8, 2019
New American Funding Wins Twice in NerdWallet's 2019 Best-Of Awards Read more at http://glassdoor.com/slink.htm?key=vMYnL
Shared image - NerdWallet's 2019 Best-Of Awards
NerdWallet's 2019 Best-Of Awards
glassdoor.com
October 8, 2019
New American Funding Makes Mortgage Professional America’s Top Mortgage Workplaces Report Read more at http://glassdoor.com/slink.htm?key=vMYnD
Shared image - MPA's Top Mortgage Workplaces
MPA's Top Mortgage Workplaces
glassdoor.com

New American Funding Awards & Accolades

  • Great Place to Work/Fortune – Best Workplaces for MillennialsGreat Place to Work2018
  • Stevie American Business Awards – Gold Company of the YearThe Stevie Awards2018

Popular Careers with New American Funding Job Seekers

JobsSalariesInterviews

New American Funding FAQ

(52 Questions)

All answers shown come directly from New American Funding Reviews and are not edited or altered.

See questions about:

What is paid time off like at New American Funding?

...Health benefits are expensive, company does layoffs as soon as it slows up, management is not honest, a lot of favoritism & not a lot of PTO....

May 9, 2022

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People Also Ask about New American Funding

Employees rate New American Funding 3.7 out of 5 stars based on 688 anonymous reviews on Glassdoor.

To get a job at New American Funding, browse currently open positions and apply for a job near you. Once you get a positive response, make sure to find out about the interview process at New American Funding and prepare for tough questions.

Overall, 63% of employees would recommend working at New American Funding to a friend. This is based on 678 anonymously submitted reviews on Glassdoor.

63% of job seekers rate their interview experience at New American Funding as positive. Candidates give an average difficulty score of 2.7 out of 5 (where 5 is the highest level of difficulty) for their job interview at New American Funding.

57% of employees think that New American Funding has a positive business outlook. This is based on anonymous employee reviews submitted on Glassdoor.

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New American Funding Locations

  • Atlanta, GA
    4.6
  • Austin, TX
    3.3
  • Irvine, CA
    3.9
  • Los Angeles, CA
    3.5
  • Mission Viejo, CA
    5.0
See All Locations

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Glassdoor gives you an inside look at what it's like to work at New American Funding, including salaries, reviews, office photos, and more. This is the New American Funding company profile. All content is posted anonymously by employees working at New American Funding.