Top Agent Magazine has named Patty Arvielo, Managing Director for New American Funding, as one of the Top California Mortgage Vendors in its August 2012 issue.
With more than 30 years of experience in mortgage, Patty has risen to the top executive ranks in the industry. Arvielo, along with her husband Rick, launched New American Funding in 2003. On top of running a successful direct mortgage lender, Arvielo is also a member of the National Association of Hispanic Real Estate Professionals and is on the Risk Management Committee for the Mortgage Bankers Association.
Arvielo manages the operations and sales for seven offices around the country with a staff of more than 550 members. Leveraging her experience in residential lending, Arvielo also helped New American Funding form its own Realtor-based Lending Division.
The secret to Arvielo’s success? Being not only a manager, but one of the players. She’s continually originating loans, bringing in between $3 million and $5 million in home loans every month.
“Our business is volatile, and this keeps me in touch with the street,” she says in the article. “We have 250 loan officers, and at any given moment, I know exactly how they feel.”
About New American Funding
New American Funding is a Fannie Mae Direct Seller/Servicer, FHA Direct Endorsement – HUD Approved, and VA Automatic mortgage lender with approximately 550 employees. The company is licensed in 20 states across the nation and offers a variety of home loan options, including FHA, Fixed Rate and Adjustable Rate Mortgages, VA, HARP 2.0 and Jumbo Loans.