New American Funding, a national mortgage banker is pleased to announce that Rick and Patty Arvielo, Family Owned Business Award nominees, belong to a select group of 51 companies to be profiled for the Orange County Business Journal’s 2013 Family Owned Business Awards. In its 14th year, this award distinguishes Orange County-based family owned businesses by recognizing their business accomplishments as well as their involvement with the local community.
Rick and Patty Arvielo are a husband and wife team who have been excellent leaders in both their industry and their local communities. Since founding New American Funding in 2003, Rick & Patty have exemplified a perfect example of a family owned business. Their vision was simple: create a mortgage company that would operate as a proficient call center focused on good pricing, fast home loan closes and excellent customer service. Rick’s strong knowledge of marketing and technology and Patty’s expertise in operations has proved to be a dynamic team that has been able to navigate the companies 700+ employees through the high and lows of the mortgage industry over the last 10 years.
Out of the 51 nominees recognized by the Orange County Business Journal, five will be distinctly awarded at a luncheon and award ceremony at the Hyatt Regency in Irvine on November 13th, 2013. The five Family Owned Business Awards recognize Small, Medium, and Large Businesses, as well as an Up and Coming Award and a Longevity Award.
This nomination for Rick and Patty comes at a time of great success for New American Funding. The Arvielos have been instrumental in New American Funding’s rapid growth and expansion. They are continuing to pursue new opportunities pushing forward the company’s continued success. The company has expanded into Arizona, Colorado, Nevada, and Texas, with new branch openingsin Utah and Washington on the horizon. To date, 23 branch locations have opened with several more expected to open before the end of 2013. Although New American Funding has immensely grown in size, it still runs today with that small family feel that Rick and Patty Arvielo have infused in the day to day operation of New American Funding.
For more information on the OC Business Journal Family Owned Business Awards please visit their website.
About New American Funding
New American Funding is a Fannie Mae, Freddie Mac and Ginnie Mae Direct Seller/Servicer, FHA Direct Endorsement and VA Automatic mortgage lender with approximately 800 employees and a servicing portfolio of over $3.5 billion. The company is licensed in multiple states across the nation, funds over $400 million a month, and offers a variety of purchase home loan and refinance loan options, including, Conventional, FHA, Cash Out, Fixed Rate and Adjustable Rate Mortgages, VA, HARP 2.0, Jumbo, and Reverse Mortgages.