OC Business Journal Announces New American Funding CEO and President are Innovator of the Year Nominees

News provided by

Aug 25, 2016, 02:28 ET

TUSTIN, Calif., Aug. 25, 2016 /PRNewswire/ -- New American Funding, a national mortgage banker, today announces their CEO and President, Rick and Patty Arvielo, are nominees for the Orange County Business Journal's (OCBJ) 2^nd annual OCBJ Innovator of the Year Awards. The program celebrates Orange County's most influential leaders who are creating game-changing ideas, processes, products, services and business models.

OC Business Journal Announces New American Funding CEO and President are Innovator of the Year Nominees.

In 2003, Rick and Patty Arvielo opened New American Funding as a refinance call center. The husband-and-wife team transformed the company into a national mortgage lender currently funding over $1 billion in home loans each month. The home loan lender attributes much of their sustained growth and increase in market share to unique initiatives, which set them apart from other lenders.

Innovations at New American Funding include:

Latino Focus Committee – the first of its kind, an in-house group geared to developing services to enhance the quality of the lending experience among Hispanic consumers
Studio360 – completed in March 2015, the company's custom-built, sound recording and video production studio with green screen
Mobile Apps- GoGo LO is the mobile version of New American Funding's proprietary CRM software, a productivity tool for Loan Officers, which is now available on Google Play and the Apple App Store. The company plans to launch an app for real estate partners and an app for consumers.

"We're a community lender, but we keep our sights on the bigger picture and the industry as a whole. Developing innovations to serve our clients, employees, and business partners, and witnessing the resulting improvements is one of the most rewarding aspects of this business," said Rick Arvielo.

The full list of OCBJ Innovator of the Year nominees can be viewed here. The winners will be announced at the Innovator of the Year Awards Luncheon & Program on Thursday, September 22, 2016 at the Hotel Irvine.

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 100 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.