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Home›Latino Loans›New American Co-Founder Patty Arvielo Honored as Diversity Leader, Latino Leader to Watch

New American Co-Founder Patty Arvielo Honored as Diversity Leader, Latino Leader to Watch

By Eric P. Wolf
February 24, 2022
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The Latino Leader Worth Watching Award recognizes industry leaders who “demonstrate talent and skill, a dedication to excellence in all they do, a willingness to mentor and support the next generation and a commitment to the wider community”, while the Diversity Leader award honors “those who work every day to develop and improve diversity, inclusion and equity in the workplace and beyond. of the.”

Each aptly describes Arvielo, who has helped lead New American Funding’s diversity, equity and inclusion efforts since the company was founded in 2003. Arvielo’s business has been created by people from diverse backgrounds, designed to be inclusive for all and structured. so everyone is treated equally.

New American Funding‘s focus on diversity, equity and inclusion extends beyond its own doors. As a mortgage lender, the company believes that the best path to generational wealth is through owning a home. That’s why New American Funding and its employees work tirelessly to ensure that everyone who can buy a home can do so, with a particular focus on lending to underserved communities.

These efforts are led by Arvielo, a first-generation Hispanic American, who led New American Funding to become a leader in lending to Hispanic and Black borrowers.

This is accomplished through two company-wide initiatives, Latino Focus and New American Dream. Latino Focus, established in 2013, works to improve homeownership within the Hispanic community. New American Dream, established in 2016, aims to raise awareness and increase home ownership within Black communities.

“I know firsthand the struggles minorities face when trying to build a life in this country,” Arvielo said. “We can only overcome these obstacles if we work together. That’s why at New American Funding, we’re building a 21st century business that provides and maintains equity for our clients and employees.”

About New US Funding

New American Funding is an independent mortgage lender with a servicing portfolio of more than 221,000 loans for approximately $58.1 billion, 167 locations nationwide and approximately 4,500 employees. The company is a Mortgage Professional America 5-Star Retail Lender in 2021 and has made the Inc. 5000 list of America’s fastest-growing companies seven times. It offers industry-leading professional training and equips its in-branch loan officers with innovative technologies to streamline the mortgage lending process.

SOURCE New US Funding

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