New American Funding Expands Midwestern Territory with Grand Opening of First Chicagoland Branch

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Nov 10, 2016, 06:02 ET

OAK BROOK, Ill., Nov. 10, 2016 /PRNewswire/ -- New American Funding, a national mortgage banker headquartered in Southern California, announced today that it is continuing its Midwestern expansion by opening its first Chicagoland location. The branch will celebrate its grand opening with a ribbon-cutting ceremony on Thursday, November 17, 2016, at 2:00 P.M. CST.

This full-service branch will be located at 1301 W. 22^nd St., Suite 209 in Oak Brook, IL, and will meet the residential mortgage needs of local consumers and Real Estate Agents who are facilitating home loans in the Greater Chicago market. The location will offer a variety of products including purchase and refinance loan options.

To spearhead this expansion, New American Funding has enlisted the expertise of mortgage industry veteran, Luis Hernandez, who'll serve as Branch Manager. "This is a thrilling new chapter for New American Funding and I couldn't be more ecstatic to be part of history in the making," said Hernandez. "It's exciting to partner with a company of high integrity who is committed to working hard for its customers because it genuinely cares about the communities it serves. I look forward to the role I'll play in this new venture and the impact we'll have on the Chicago area."

The thriving residential communities in and around Oak Brook presented a prime opportunity for New American Funding to continue its nationwide expansion into that area. The mortgage lender plans to provide the community with the same industry-leading closing times, award-winning services, and high-level customer support that has become a hallmark at its other national locations.

This launch marks the 4^th Illinois branch for New American Funding, which also has other locations in Edwardsville, Godfrey, and Swansea. For more information about the kickoff celebration, please contact Luis Hernandez at (708) 655-5847 or at [email protected].

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. The company is licensed in multiple states across the nation, has over 125 branch locations 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.

SOURCE New American Funding