Patty Arvielo is the fifth time influential woman on HousingWire
This is the fifth and second year in a row that Arvielo has been named to the prestigious list that “honors those who make remarkable contributions to their business and the industry as a whole”. Arvielo was placed on the list of women with influence in 2014, 2017, 2018 and 2020.
“I am deeply honored to be named an Influential Woman for the fifth time,” said Arvielo. “Such an achievement is only possible because of the great people we have here at New American Funding. I am proud to call them my family.”
Arvielo co-founded New American Funding in 2003 and grew it to become the largest women-owned mortgage company in the country. Arvielo oversees operations and sales for the company, overseeing 179 locations and approximately 4,700 employees across the country.
Arvielo is the main driver in the company’s efforts to increase lending to previously underserved communities. New American Funding prides itself on being an industry leader in minority lending. This feat is accomplished through the company’s Latino Focus and New American Dream initiatives, which focus on increasing lending to Hispanic and black borrowers, respectively.
Arvielo founded both Latino Focus and New American Dream after identifying the particular challenges minority borrowers face when trying to buy a home or refinance their existing mortgage.
Additionally, Arvielo believes in empowering minorities through home ownership and professional mentoring, and is committed to supporting and nurturing the next generation of Hispanic entrepreneurs.
About New American Funding
New American funding is an independent mortgage lender with a servicing portfolio of over 206,000 loans for approximately $ 53.8 billion, 179 statewide locations, and approximately 4,700 employees. The company offers several niche loan products and has been named six times on Inc. 5000’s list of Fastest Growing Companies in America. It offers state-of-the-art Vocational training and makes its branch available Loan officer using innovative technologies to streamline the mortgage process.
SOURCE Patty Arvielo