TUSTIN, Calif., Aug. 24, 2012 /PRNewswire/ -- For its first time, New American Funding, a direct mortgage lender located in Tustin, made Inc. magazine's exclusive list of the nation's fastest growing private companies, ranking at 560.
New American Funding's growth has been a remarkable sign of hope for the mortgage industry, as it continues to grow despite a tough market and ever-changing regulations. New American Funding was ranked for its 3-year growth of 666%.
"It's a real accomplishment for a mortgage company to make the list in this economic climate, and we are honored to be ranked," said Rick Arvielo, CEO and President of New American Funding. "The strength of the company comes from its employees. Our hope is to continue this growth, expand the New American Funding family by welcoming new employees, and rank even higher on next year's list."
In its sixth year running, the Inc. 500|5000 list features a comprehensive look at the most important segment of the economy—America's independent entrepreneurs. New American Funding finds itself alongside the leader Unified Payments, a payment processing company, yogurt maker Chobani, Giftcards.com and famed hat-maker Tilly's.
About New American Funding
New American Funding is a Fannie Mae Direct Seller/Servicer, FHA Direct Endorsement – HUD Approved, and VA Automatic mortgage lender with approximately 550 employees. The company is licensed in 20 states across the nation and offers a variety of home loan options, including FHA, Fixed Rate and Adjustable Rate Mortgages, VA, HARP 2.0 and Jumbo Loans.
MEDIA CONTACT Jennette Landrum, Jennette.landrum@nafinc.com, 800.450.2010
SOURCE New American Funding
