New American Funding Launches New Branch in Novato, CA

TUSTIN, Calif., Nov. 1, 2017 /PRNewswire/ -- New American Funding, a leader in the mortgage industry, is continuing its expansion across Northern California with the grand opening of its Novato location. This newest branch, which is located at 7250 Redwood Blvd. Suite 300, will be the first retail site for the mortgage lender in Marin County.

It will be a full-service home loan location, providing a range of purchase and refinance loan options; and will work with all borrower types, from jumbo consumers to veterans and first-time homebuyers.

"We look forward to servicing this region," said Darren Pomponio, Area Manager. "Not only do we offer competitive rates and industry-leading close times for our customers but we have great cobranded marketing resources for our real estate partners."

Pomponio, who has a 20-year mortgage background, will oversee the Novato branch as a producing manager. He began as a top-performing Loan Originator before becoming a vice president with an independent lender, where he successfully led his branch within the company to the #1 production spot based on units and volume, for two consecutive years.

"Darren brings a stellar reputation to New American Funding," said Chris Garza, Regional Vice President. "We're honored to have him continuing our Northern California growth."

The Novato branch will provide the same award-winning services and high-level customer support that's a hallmark at other New American Funding locations. Pomponio will work with borrowers while simultaneously expanding the company's footprint across the region by onboarding more Loan Originators and creating partnerships in the community.

"This is a competitive market," said Pomponio. "With our mobile technology and efficient loan process, we give our real estate partners the edge and help them win closings."

Pomponio has been in Novato since 2009 and serves as a member of the Novato Chamber of Commerce and on the Board of Directors for the Veterans Association for Real Estate Professionals.

About New American Funding

New American Funding is a national mortgage banker licensed in 48 states with approximately 130 branches offering loans 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