Inc. 5000 Names New American Funding a Fastest-Growing Private Company in America
Fifth Win for National Mortgage Lender Who Ranks #1664 in Nation
16 Aug, 2017, 12:47 ET
TUSTIN, Calif., Aug. 16, 2017 /PRNewswire/ -- For the fifth time, Inc. 5000 has named New American Funding to its list of Fastest-Growing Private Companies in America; ranking the national mortgage lender #1664 in the nation for 2017. The magazine complied the list according to revenue growth from 2013 to 2016; during which timeframe, New American Funding's revenue increased by 235%.
To see the winners, please visit: https://www.inc.com/inc5000/list/2017
New American Funding was also recognized on Inc. 5000's Honor Roll, which is an elite group of companies who've made the fastest-growing list five times. This distinct milestone is an accomplishment that less than one-tenth of Inc. 5000 honorees achieve.
"It's extremely rewarding to have Inc. 5000 repeatedly identify New American Funding for its rapid growth," said CEO Rick Arvielo. "We're thrilled by this achievement and are driven to continue working hard to stretch our limits each day. Our commitment is to remain innovative."
New American Funding is owned by husband-and-wife duo, Rick and Patty Arvielo, who've expanded the company to include nearly 130 nationwide branches with a servicing portfolio of $20 billion. The couple have distinguished the company as an industry leader by:
- Streamlining operations and providing industry-leading loan close times
- Developing innovative technology including a suite of mobile apps for New American Funding Loan Originators, Real Estate Partners, and housing consumers - GoGo LO, GoGo Partner, GoGo Home
- Building a 25,000 square foot state-of-the-art educational facility to train mortgage professionals
- Serving diverse communities through Latino Focus Committee and New American Dream
Due to their progressive business approach, earlier this year the Arvielos won a gold Stevie® with Rick claiming Executive of the Year and Patty winning Woman of the Year; each was also selected by Ernst & Young as a 2016 EY Entrepreneur of the Year® for Orange County.
About New American Funding
New American Funding is a national mortgage banker licensed in 48 states with approximately 130 branches offering 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
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