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New American Funding Claimed Company
New American Funding (NAF) is a direct mortgage lender offering an array of home loan options including purchase, refinance, and first-time homebuyer loans. read more
New American Funding Company Culture
New American Funding Culture
This score is derived from employee ratings & reviews3.9/5
New American Funding's Overall Culture is rated B
Top Rated Culture Dimensions
Gender
A+CEO Rating
B+Executive Team
B+Team
B+Meetings
BNew American Funding CEO
Top 20%Top 20% of Similar Size Companies on Comparably
Rick Arvielo
74 /100
See More
Diversity at New American Funding
Bottom 35%Bottom 35% of Similar Size Companies on Comparably
C-
Diverse employees at New American Funding have rated Executive Team, Team, and CEO Rating as the highest categories they have scored
Women at New American Funding
Top 5%Top 5% of Similar Size Companies on Comparably
A+
Women at New American Funding have rated Retention as the highest category they have scored
New American Funding eNPS
Net Promoter Score tracks your employees' overall score to this question: "On a scale from 0-10, how likely are you to recommend working at your company to a friend?"Bottom 40%Bottom 40% of Similar Size Companies on Comparably
Recommend to a Friend?
-22
New American Funding employees are -22% more likely to recommend New American Funding as a great place to work
| 28% | Promoters |
|---|---|
| 22% | Passives |
| 50% | Detractors |
Working at New American Funding
Working at New American Funding is rated average by 30 employees, across various culture dimensions. New American Funding employees are most satisfied about CEO Rating, Executive Team, and Team categories, putting New American Funding’s culture in the Top 30% compared to similar sized companies on Comparably and in the Top 50% compared to other companies in Los Angeles. See below in detail how working at New American Funding was rated by employees.
Overall Company Culture at New American Funding
B
Overall Company Culture at New American Funding is rated B
Last updated months ago
Top
30%
New American Funding ranks in the Top 30% of other companies on Comparably with 5,001-10,000 Employees for Overall Company Culture Score
New American Funding Employee Reviews
Out of 38 New American Funding employee reviews, 73% were positive. The remaining 27% were constructive reviews with the goal of helping New American Funding improve their work culture.
| Positive Reviews | 73% |
|---|---|
| Constructive Feedback | 27% |
Positive Reviews From New American Funding Employees
- What makes you most happy at work?Solving complicated problems and helping others.
- What is most positive about the culture and environment at your company?Mutual understanding that things aren't perfect. Mistakes happen and trust the process.
- What do you like best about the leadership team?There's almost always an answer to my questions.
Constructive Feedback From New American Funding Employees
- Why do you feel undervalued and what would make you feel better about your compensation?Your work is overlooked if your boss doesn't like you as much as his favorite.
- What needs to change to make the company culture better?Better managers who don't play favorites.
- What's going wrong and how can it be improved?Treat people equal, and don't ignore qualities in people because you don't "like" them for whatever reason. Especially Art Romero, he only hires Team Leads who are females and good looking.
New American Funding Company Information
New American Funding Company Overview
New American Funding (NAF) is a direct mortgage lender offering an array of home loan options including purchase, refinance, and first-time homebuyer loans.
New American Funding was founded in 2003 and its current CEO is Rick Arvielo. Since its inception 23 years ago, New American Funding has grown to 5300 employees.
New American Funding Mission, Vision & Values
New American Funding Mission Statement
New American Funding enables clients of all backgrounds to accomplish the American dream of homeownership by offering a diverse product suite, competitive pricing, and our promise to provide a timely and efficient closing. Our dedication to client service during the transaction extends after the closing while we service their mortgage. This passion for client service is displayed in every step of the homeownership experience with focus on fulfilling our client’s needs in a manner that enhances their standard of living. Read more at https://www.newamericanfunding.com/about-us/
New American Funding Values
- Lead with Integrity
- We Are Strong United
- Innovation Fuels Evolution
- Pursue the Impossible
- Execution Drives Success
- People Come First
| Headquarter | 1 MacArthur Place, Suite 800 Santa Ana, CA 92707 United States of America |
|---|---|
| Website | www.newamericanfunding.com/ |
| Founding Date | 2003 |
| Company Status | Private |
| Social Sites |
New American Funding Competitors
New American Funding competitors include Rate, Rocket Companies, and loanDepot. New American Funding ranks 1st in Overall Culture Score on Comparably vs its competitors. See below how New American Funding compares to its competitors with CEO Rankings, Product & Services, NPS, Pricing, Customer Services, Overall Culture Score, eNPS, Gender and Diversity Scores.
New American Funding Employees
New American Funding has 5300 employees. 30 employees at New American Funding have reviewed New American Funding across various culture dimensions, providing their opinions on items ranging from executive ratings to the pace at work. The latest review was months ago.
Overall, the 30 New American Funding employees give their leadership a grade of B, or Top 30% of similar size companies on Comparably. This includes specific ratings of their executive team, CEO, and manager.
Employees at New American Funding are not very pleased with their total compensation at New American Funding, which includes a combination of pay, stock and equity, and benefits.
Overall, employees at New American Funding are pleased with their team. 30 Participants grade the quality of their coworkers a B+. The majority believe the meetings at New American Funding are effective, and the majority look forward to interacting with their coworkers.
The majority of employees at New American Funding believe the environment at New American Funding is positive. Most Participants believe the pace of work at New American Funding is extremely fast. About 58% of the employees at New American Funding work 8 hours or less.
Overall, the employees at New American Funding are generally happy, based on their aggregated ratings of future outlook, customer perception, and their excitement going to work.
Joining New American Funding - Employee Onboarding
The prevailing opinion from employees about joining New American Funding is that the company was prepared on their first day. New American Funding employees concluded that their overall onboarding experience was positive. 100% said their direct manager was helpful with their acclimation during the first 90 days. First impressions are important, and how prepared a company is on your first day leaves a lasting impression.
New American Funding KPIs and OKRs
At this moment no New American Funding employees have provided insight into whether or not they clearly understand New American Funding's KPIs and OKRs.
Are your company's goals clear, and are you invested in them?
Are the KPIs/OKRs for your department clear?
New American Funding CEO & Leadership
New American Funding CEO - Rick Arvielo
74 /100
New American Funding’s CEO Rick Arvielo started in this role in 2003. Rick’s approval rate is in the Top 20% of all CEOs of similar-sized companies on Comparably, and in the Top 30% compared to the CEOs of all other companies in Los Angeles. New American Funding’s CEO is highly regarded especially by Caucasian employees, employees with 1 to 3 Years experience, and Male employees. However, employees with the company for 1 to 2 Years and employees with Over 10 Years experience have a less favorable view of the CEO and believe there is room for improvement. Compared to New American Funding’s competitors, Rick Arvielo ranks right above Rocket Companies CEO Varun Krishna. Under Arvielo’s leadership, New American Funding employee respondents are most happy about their Executive Team and the company’s Team. Diversity and eNPS are two areas, according to respondents, where New American Funding could stand to see real improvement.
New American Funding Leadership
The New American Funding Executive Team is rated a “B+” and led by CEO Rick Arvielo, President Christy Bunce, and Chief Investment Officer Jason Obradovich
Rick Arvielo CEO / President
Rick Arvielo serves as the CEO / President of New American Funding.
Christy Bunce President
Christy Bunce serves as the President of New American Funding.
Jason Obradovich Chief Investment Officer
Jason Obradovich serves as the Chief Investment Officer of New American Funding.
Pat Bolan Chief Production Officer, Head of Retail Lending
Pat Bolan serves as the Chief Production Officer, Head of Retail Lending of New American Funding.
Jeff Kvalevog Chief Strategy Officer
Jeff Kvalevog serves as the Chief Strategy Officer of New American Funding.
Roger Stotts Chief Servicing Officer
Roger Stotts serves as the Chief Servicing Officer of New American Funding.
Kevin English Chief Operating Officer
Kevin English serves as the Chief Operating Officer of New American Funding.
Mills Landon Chief Financial Officer
Mills Landon serves as the Chief Financial Officer of New American Funding.
Ken Block Executive Vice President, General Counsel & Chief Compliance Officer
Ken Block serves as the Executive Vice President, General Counsel & Chief Compliance Officer of New American Funding.
New American Funding Salaries
How much does New American Funding pay?
How much do people at New American Funding get paid? See the latest salaries by department and job title. The average estimated annual salary, including base and bonus, at New American Funding is $113,255, or $54 per hour, while the estimated median salary is $110,616, or $53 per hour.
At New American Funding, the highest paid job is a Director of Product at $200,962 annually and the lowest is a CS Rep at $48,176 annually. Average New American Funding salaries by department include: Product at $176,097, Legal at $151,220, IT at $105,368, and Business Development at $104,376. Half of New American Funding salaries are above $110,616.
14 employees at New American Funding rank their Compensation in the Top 50% of similar sized companies in the US (based on 42 ratings) while 13 employees at New American Funding rank their Perks And Benefits in the Top 40% of similar sized companies in the US (based on 14 ratings).
Salaries contributed from New American Funding employees include job titles like Designer. Comparably data has a total of 1 salary records from New American Funding employees.
Last updated months ago.
| Summary | Salary Range | Percentile |
|---|---|---|
1st Percentile $69k | $69k | 1st Percentile |
17th Percentile $90k | $90k | 17th Percentile |
33rd Percentile $108k | $108k | 33rd Percentile |
50th Percentile $157k | $157k | 50th Percentile |
67th Percentile $201k | $201k | 67th Percentile |
83rd Percentile $241k | $241k | 83rd Percentile |
100th Percentile $251k | $251k | 100th Percentile |
$113,255*
Average Compensation
$110,616*
Median Compensation
* Estimated salaries Estimated salaries are based on data provided anonymously by employees and/or estimated by other statistical methods.
New American Funding Salaries by City
New American Funding Salaries by Department
Diversity & Inclusion at New American Funding
Diverse employees at New American Funding score the company 61/100 across various culture categories, placing New American Funding in the Bottom 35% of companies on Comparably with 5,001-10,000 Employees for Comparably's diversity score. The Diversity score provides insights into how diverse employees feel and rate their work experience at New American Funding across various culture dimensions.
Ranked Culture the Highest
Ranked Culture the Lowest
New American Funding Perks & Benefits
Health & Wellness
- Dental Insurance
- Vision Insurance
- Health Insurance
- Life Insurance
Paid Time Off
- PTO / Vacation Policy
- Paid Holidays
- Maternity / Paternity Leave
Financial Benefits
- 401K / Retirement Plan
- Tuition Reimbursement
Office Perks
- Work From Home Policy
- Unique Office Space
New American Funding PTO
New American Funding's PTO and Vacation policy typically gives 10-15 days off a year.
Other than healthcare, which of the following benefits is most important to you?
Does your boss expect you to work when you're on vacation?
What do you estimate the cash value of your benefits to be? Healthcare, PTO, etc?
New American Funding Careers
New American Funding Jobs
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Frequently Asked Questions regarding New American Funding
What is New American Funding address?
New American Funding location is at 1 MacArthur Place, Suite 800
Who is the CEO of New American Funding?
New American Funding CEO is Rick Arvielo, their score by employees is 74
What is New American Funding eNPS?
The eNPS for New American Funding is -22
What is the salary for Senior Marketing Manager in New American Funding?
Senior Marketing Manager average salary in the US is 111k
What are the salaries in the Sales in New American Funding?
The average salaries for Sales in New American Funding is 156k
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