New American Funding announces they have been ranked by HousingWire as the 19th fastest growing housing company, placing them on HousingWireâ€™s Fast50 list.
Online PR News – 13-October-2015 – Tustin, CA – New American Funding today announces they have been ranked by HousingWire as the industryâ€™s 19th fastest growing housing company in the U.S, placing them on HousingWireâ€™s annual Fast50 list.
HousingWire bases their Fast50 list off of how much a companyâ€™s revenue has grown from the previous year. New American Funding realized an increase in revenue of 36.3% from 2013 to 2014, and HousingWire also recognized that New American Fundingâ€™s growth is stable and remains strong. The company had already surpassed its 2014 total dollar volume of $5.5 billion by July of this year.
"We are pleased to be recognized on HousingWireâ€™s Fast50 list. We are proud of this achievement and attribute it to our innovative ways of doing business. We are constantly asking for feedback, staying on top of the market and maintaining an agile business model," said Rick Arvielo, CEO of New American Funding.
A variety of housing companies made the list, from mortgage banking and home builder to investment companies. New American Funding joins companies like Zillow Inc., Essent Group and JPMorgan Chase & Co. on the list. HousingWire also notes that amid significant challenges this year for housing companies, these businesses represent the recovery of the housing economy.
About New American Funding
New American Funding is a Fannie Mae, Freddie Mac and Ginnie Mae Direct Seller/Servicer, FHA Direct Endorsement and VA Automatic mortgage lender. The company is licensed in multiple states across the nation, has over 90 branch locations and offers a variety of purchase home loan and refinance loan options, including, Conventional, FHA, Cash Out, Fixed Rate and Adjustable Rate Mortgages, VA, HARP 2.0, Jumbo, and Reverse Mortgages.