New U.S. Funding Wins Six Stevie® American Business Awards®
Rick Arvielo, CEO – Lifetime Achievement Award – Consumer Service Industries
Patty Arvielo, President – Woman of the Year – Consumer Services
New US Funding – Fastest Growing Company of the Year – 2,500+ Employees
New American Funding – Minority-Owned Business of the Year
Patty Arvielo – Lifetime Achievement Award – Consumer Service Industries
New American Funding – Company of the Year – Consumer Services – Large
Co-founders of New American Funding, the husband and wife team of Rick and Patty Arvielo have built a legacy of growth and change since the company was founded in 2003. As the company’s innovative CEO, Rick has created a next-generation company focused on developing and implementing cutting-edge technologies and training programs to quickly onboard diverse talent and simplify the mortgage process.
A first-generation Hispanic American, Patty serves as the company’s president, leading the sales and operations efforts that have made the company the nation’s largest Latina-owned private mortgage company. Additionally, New American Funding is the leading private retail lender with the highest percentage of loans to Hispanics among the top 25 lenders in America, according to 2021 HMDA data.
In 2021, the company surpassed its previous record year by originating $31.8 billion in mortgages and helping more than 105,000 individuals and families buy a home or refinance their existing mortgage.
Throughout its expansion, New American Funding continues to build a culture of diversity and inclusion. The company recruits from a large talent pool and carefully cultivates key opportunities through mentorship and a culture of integrity, teamwork and respect. As a result, New American Funding has one of the most diverse workforces in the entire country with ample opportunity for growth and advancement. Its current workforce is made up of 57% women, 45% minorities and 41% millennials.
“New American Funding was founded on a vision to help homeowners achieve their homeownership dreams,” said Rick Arvielo. “These awards are testament to the shared commitment of our hardworking team that has won over countless customers who trust us to make their home their most special place.”
To learn more about New American Funding’s career opportunities, visit their careers page.
About New US Funding
New American Funding is an independent mortgage lender with a servicing portfolio of more than 229,000 loans for approximately $60.7 billion, 167 locations nationwide and approximately 4,400 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