New American Funding Opens New Retail Branch in the Heart of Silicon Valley

TUSTIN, Calif., Sept. 13, 2017 /PRNewswire/ -- New American Funding, a leader in the mortgage industry, has expanded its Northern California region to include a retail branch in the heart of Silicon Valley. The new branch will occupy about 4,000 square feet of contemporary office space in downtown San Jose on the top floor of a 16-story high-rise. The location will celebrate with a red carpet grand opening event on Thursday, September 14, 2017, at 4 P.M. PDT.

The full-service branch will be located at 55 S. Market St. Suite #1600 and will offer a complete spectrum of purchase and refinance options for local mortgage consumers in San Jose and surrounding communities. Chris MacNaughton, who has been with New American Funding since September of 2016 covering Northern California as Vice President of Builder and Business Development, will lead the new location as Branch Manager as well.

"We're excited for the opening of our new branch. It's a perfect location and prime opportunity," said MacNaughton. "The housing market is thriving in Silicon Valley and we're centrally located to meet the need."

MacNaughton has grown the company's presence in the market to include about 10 new home communities where New American Funding is the lender of choice. In the coming year, the Northern California builder team is expected to fund $250 million in loan volume.

The San Jose branch is comprised of a diverse group of Loan Originators who have a wealth of experience working with an array of consumers, from first-time buyers to jumbo loan borrowers. They will serve homebuyers in the area with the same industry-leading close times, award-winning services, and high-level customer support that's a hallmark at other New American Funding locations.

For more information about the grand opening, contact Chris MacNaughton at (408) 607-2476 or [email protected].

About New American Funding

New American Funding is a national mortgage banker licensed in 48 states with approximately 130 branches that offer a variety of home loan options including: Conventional, FHA, Cash Out, Fixed Rate and Adjustable Rate Mortgages, VA, HARP 2.0, Jumbo, and Reverse Mortgages. The company is a Fannie Mae, Freddie Mac and Ginnie Mae Direct Seller/Servicer, FHA Direct Endorsement, and VA Automatic mortgage lender.

SOURCE New American Funding

Related Links

http://www.newamericanfunding.com