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New American Funding provides home lending services to help people buy homes. It offers a diverse set of mortgage products and competitive pricing, aiming for timely and efficient closings. The company supports clients throughout the homebuying process and continues to service their mortgage after closing, focusing on responsive client service and meeting borrowers’ needs. Compared with others in the market, it emphasizes a broad product lineup, clear pricing, and strong post-close service to support customers beyond the sale. The goal is to help clients from all backgrounds achieve homeownership and improve their standard of living through personalized, ongoing mortgage support.
Industries
Financial Services
Real Estate
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Tustin, California
Founded
2003
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New American Funding promotes Stacy Chevalier to northwest regional vice president. September 22, 2026 New American Funding, a leading independent mortgage lender, named Stacy Chevalier northwest regional vice president to drive regional expansion, effective Sept. 1. Chevalier, (NMLS #732441), brings more than 26 years of mortgage banking, sales, and leadership experience to the role and will oversee the company's growth and sales strategy across Washington, Oregon, Idaho, Montana, and Alaska. She joined New American Funding as an area manager in January 2026. "After two-and-a-half decades in mortgage banking, I've learned that the people and culture matter even more than the platform," said Chevalier. "New American Funding offers a rare combination of financial strength, with more than $73 billion in servicing, scale, and entrepreneurial spirit to compete at the highest level." As northwest regional vice president, Chevalier will focus on expanding New American Funding's presence throughout the region by building teams and branches, identifying new market opportunities, and supporting mortgage professionals in growing their businesses. "My goal isn't simply to make New American Funding bigger in the Northwest," Chevalier continued. "It's to build a region where great people want to be. I believe deeply in leading from a place of abundance: sharing opportunities, helping people grow, and celebrating the success of others." Throughout her career, Chevalier has built and led high-performing mortgage teams across the Pacific Northwest and nationally. She has extensive experience in retail mortgage banking, builder business, sales leadership, recruiting, production, and market expansion. "Stacy's leadership style is very aligned with the New American Funding culture," said Tony Blodgett, executive vice president, national retail sales, West at New American Funding. "Being local to the market and knowing what really matters to loan officers in the Northwest gives her the perfect balance of leadership and knowledge that will propel this region forward."
NAF lays off 160 employees in consumer direct division. Lender said the layoffs were made in response to current mortgage market conditions Article Summary. New American Funding confirmed it cut 160 jobs in its consumer direct division as elevated mortgage rates continue to suppress refinance volume. The California-based lender, founded in 2003 and now operating about 330 branches with 2,646 loan officers, has originated $12.5 billion in mortgages year to date. AI Summary New American Funding (NAF) has laid off 160 employees in its consumer direct division, the company confirmed to HousingWire on Thursday, as elevated mortgage rates continue to pressure lenders. A spokesperson for the Santa Ana, California-based lender said the workforce reduction was made "in response to current mortgage market conditions." "The mortgage market continues to face headwinds, and we are navigating this environment thoughtfully and responsibly. As part of that effort, we have aligned our operations to reflect current market realities," the spokesperson wrote in a statement. "These decisions are never easy, and we do not make them lightly. We are deeply grateful for the contributions of every team member affected." Membership Full access Billed annually Membership includes: * | Unlimited access to HousingWire reporting and analysis * | Access to HousingWire Intelligence * | Member-only newsletter * | Event perks Free account Limited access * | Read 2 subscriber-only articles each month
New American Funding earns 2026 Mortgage Servicing Excellence award. September 2, 2026 New American Funding has been named a recipient of the 2026 Mortgage Servicing Excellence Awards by Mortgage Point magazine. Now in its second year, the recognition honors mortgage servicers for performance, integrity, and client-first excellence across the industry. New American Funding, an independent mortgage lender based in Santa Ana, California, serves more than 281,000 customers with a servicing portfolio valued at $73 billion. The company combines the scale of a national lender with the personalized support of a trusted community partner. The recognition highlights New American Funding's commitment to innovative servicing solutions, rigorous compliance practices, and personalized borrower support.
New American Funding partners with Kastle to deploy AI agents. NAF says the platform will handle end-to-end customer interactions and add a self-service channel while supporting compliance Article Summary. New American Funding partnered with Kastle to expand enterprise AI use with voice agents that handle end-to-end customer interactions and 24/7 self-service. The companies say the deployment is designed to reduce hold times, scale contact volumes and support compliance through built-in procedures. AI Summary New American Funding announced on Thursday that it is partnering with Kastle as the independent mortgage lender expands its use of artificial intelligence across the enterprise. Kastle's voice AI technology will handle end-to-end customer interactions, reduce hold times and provide a 24/7 self-service channel. The AI agents are designed to allow New American Funding to handle more calls while freeing operations teams to focus on complex customer situations. "Kastle AI enables us to serve each customer with greater speed and consistency throughout the life of their loan," Christy Bunce, president of New American Funding, said in a statement. "As a pioneer in AI enablement for our borrowers and employees, we chose Kastle for its ability to tailor AI agents to our needs, with the flexibility to test and refine each solution before it goes live." The partnership is also aimed at maintaining compliance and consistent service as customer contact volumes increase. Kastle's AI agents are built for consumer lending workflows and use what the company calls Safe Execution Procedures (SEPs) to complete complex, multistep mortgage transactions consistently. Its Compliance Engine incorporates regulatory requirements into the execution layer, which Kastle said is designed to provide consistent service across customer interactions regardless of the time of day. Others in the industry have deployed Kastle agents, including Carrington Mortgage Services. Similar initiatives exist outside of Kastle. In February, Longbridge Financial launched AI-powered voice agents developed by an outside technology partner to handle routine reverse mortgage servicing tasks. "New American Funding understands that the winners in this next chapter will be the lenders who deeply embrace AI without compromising on compliance or control to better support their customers," Rishi Choudhary, co-founder and CEO of Kastle, said in a statement. "We're proud to be the partner they're building that future with."
New American Funding adds top Texas los Shane Masterman and Christian Johnson. New American Funding (NAF) announced Thursday that it has added originators Shane Masterman and Christian Johnson to its Dallas-Fort Worth operations as the pair launch Cantera Home Lending within the independent mortgage lender. Masterman and Johnson have originated more than $2 billion in residential mortgages over their careers and bring nearly 50 years of combined industry experience, according to the company. Per the inaugural HousingWire Mortgage Rankings, Masterman produced a total volume of $69.14 million across 83 loans in 2025, while Johnson produced a total volume of $55.36 million across 110 loans. The Cantera Home Lending team will operate on New American Funding's lending platform while offering a range of mortgage products that include conventional, Federal Housing Administration (FHA), Department of Veterans Affairs (VA), jumbo, portfolio, construction, renovation, reverse and specialty loans. "I'm excited to welcome Shane Masterman and Christian Johnson to New American Funding. As two of the top 1% of mortgage originators in the nation and among the most respected originators in North Texas, Shane and Christian have built exceptional businesses by putting their customers and referral partners first," Pat Bolan, chief production officer at NAF, said in a statement. Per the company's release, Johnson - who has more than 25 years of mortgage industry experience - specializes in financing for first-time homebuyers, move-up buyers, luxury homeowners and real estate investors. Masterman, who has more than 24 years of experience, focuses on jumbo, conventional, FHA, VA and complex mortgage financing for luxury homebuyers and investors. "New American Funding is a company that is deeply focused on the business of mortgages and on the families behind every transaction," Masterman said. "Their commitment to growing together, investing in industry-leading technology and products, and supporting their team at every level aligns completely with what Christian and I have always believed: that a mortgage is not just a financial transaction but a pathway to homeownership and long-term wealth building." Johnson said he and Masterman were struck by the "quality" of people at the company. "Everyone we have encountered is genuinely focused on tailored service, flawless execution, and collaboration, all in service of helping people secure a home they can call their own," he said in a statement. "That kind of culture is rare, and it told us everything we needed to know when choosing them as the partner for our team and our clients." This article was written by Sarah Wolak and generated with the assistance of HousingWire Automation, then reviewed by a HousingWire editor before publication.
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Industries
Financial Services
Real Estate
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
Tustin, California
Founded
2003
Find jobs on Simplify and start your career today