NAF Cash Launches Cash Purchase Tracking Tool

NAF Cash, an affiliate of New American Funding (NAF), launched a new tool for homebuyers that tracks cash purchases across the country. The tool, NAF Cash Maps, provides information on cash transactions state-by-state. It provides county-level data, as well as insights into historical trends. Data is collected from real estate data provider MMI, MLS data, and public records. Buyers can gain a greater understanding of cash purchases in their state, giving them a better idea of how to compete in their individual market. “By understanding the cash buying trends in different states, homebuyers can make more strategic decisions and position themselves for success in their homebuying journey,” said Miguel Villegas, Director, NAF Cash. NAF Cash gives buyers a cash-purchase advantage…

Andrew Strickman Joins NAF As CMO

Andrew Strickman has been named Chief Marketing Officer by New American Funding, the lender announced in a press release. Strickman will further NAF’s growing brand in his new position, bringing more than two decades of marketing experience to the company in its 20th year. “We are incredibly excited to welcome Andrew to the NAF family,” NAF President Christy Bunce said. “As a mission-driven mortgage lender that believes homeownership opportunities should be available to all, Andrew comes to us with a wealth of knowledge working with and for purpose-driven companies like ours. His perspective on building brands that drive business results, and his approach to storytelling will serve us well as we move into this next chapter of our company’s history.”…

Bonzo Leader Says Success Starts With Personalized Messaging

By KIMBERLEY HAAS The co-founder and president of a relationship management automation provider for mortgage professionals says taking a more personal approach to messaging makes a difference. Jason Perkins says at Bonzo they were intentional about the features and assets they built into their system. “We really wanted something that was going to move the needle for our business and create more conversations,” Perkins said in a recent interview with The Mortgage Note. Perkins said they looked at the work loan officers were performing and figured out how to scale their voices with a few clicks of a button. A user can do everything from converting leads to nurturing past clients, he said. “We have a broadcast feature, and you…

NAF, The Agency Partner Up

New American Funding and The Agency are partnering to meet the needs of The Agency’s clients, with NAF becoming the preferred mortgage lender of The Agency. NAF, which marks its 20th anniversary in 2023, holds the distinction of being the largest Hispanic-owned mortgage lender in the U.S. Meanwhile, The Agency has earned global recognition as a rapidly growing luxury boutique brokerage. “We are thrilled to be working closely with one of the most prestigious companies in real estate today,” NAF Co-Founder and CEO Patty Arvielo said.  “As one of the nation’s largest privately-owned mortgage companies, NAF is uniquely positioned to cater to the needs of The Agency’s clients nationwide. We look forward to evolving our partnership into an even stronger…

Pat Bolan Joins New American Funding As CPO

Pat Bolan has joined New American Funding as its new chief production officer, the company announced in a press release. As CPO, Bolan will work to grow the lender’s retail sales, grow its sales team and synergize the retail sales division with the other departments. Bolan brings more than thirty years of leadership and origination experience to NAF. Prior to this, he worked as a divisional manager with Guaranteed Rate, where a developed a sales team from scratch.  He has also held leadership positions at Prospect Mortgage, Capital One, and American General Finance. “I’m happy to share that I’m starting a new position as Chief Production Officer at New American Funding! It was a difficult decision leaving an amazing company…

New American Rolls Out First-Time Homebuyer Grants

New American Funding is launching a new initiative for first-time homebuyers. Officials at the company announced the Pathway to Homeownership program on Monday.  Qualified borrowers in select areas can receive up to $8,000 in assistance to help them buy a new home. The money distributed through Pathway to Homeownership is a grant, not a loan. Those who receive it do not need to pay it back, according to the announcement. “One of the pillars of our company is helping members of underserved communities become homeowners,” said Patty Arvielo, Co-Founder and President of New American Funding. “The Pathway to Homeownership initiative helps people from all walks of life who are otherwise qualified clear the initial hurdles that come with buying a…