New American Funding, LLC mortgage approval rate & lending review
New American Funding, LLC decided 123,796 mortgage applications and funded 102,467 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions New American Funding, LLC reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to newamericanfunding.com.
New American Funding, LLC at a glance
Approval is 2.3 points above the 81.3% national rate for the same mix of loan types.
Approval rates by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 95% | 73,531 / 77,798 | 100% | $305K | 73,268 |
| Home improvement loans | 62% | 3,682 / 5,982 | 83% | $95K | 3,059 |
| Cash-out refinance | 58% | 14,920 / 25,912 | 100% | $205K | 14,883 |
| Refinance | 78% | 5,591 / 7,200 | 99% | $345K | 5,557 |
| Investment property purchase | 94% | 4,128 / 4,408 | 99% | $265K | 4,100 |
| Investment cash-out refinance | 65% | 1,116 / 1,707 | 99% | $195K | 1,110 |
| Investment refinance | 78% | 287 / 368 | 99% | $305K | 285 |
| Investment home improvement | 62% | 261 / 421 | 79% | $95K | 205 |
New American Funding, LLC lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| California | 86% | $605K | 13,494 | 11,316 |
| Florida | 81% | $315K | 12,913 | 10,302 |
| Texas | 85% | $265K | 10,513 | 8,837 |
| Georgia | 85% | $325K | 9,167 | 7,784 |
| Illinois | 87% | $185K | 6,544 | 5,608 |
| Pennsylvania | 83% | $265K | 5,206 | 4,272 |
| Washington | 88% | $445K | 3,988 | 3,498 |
| Colorado | 91% | $405K | 3,971 | 3,594 |
| Minnesota | 94% | $305K | 3,961 | 3,704 |
| Arizona | 84% | $365K | 3,901 | 3,231 |
| Missouri | 89% | $235K | 3,886 | 3,460 |
| North Carolina | 81% | $285K | 3,461 | 2,790 |
| New Jersey | 77% | $315K | 3,232 | 2,425 |
| Nevada | 88% | $375K | 3,165 | 2,746 |
| Ohio | 76% | $165K | 3,004 | 2,265 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where New American Funding, LLC lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Harris County, TX | Mortgage lenders | 94% | 2,075 | 1,938 |
| Los Angeles County, CA | Mortgage lenders | 97% | 1,638 | 1,578 |
| Maricopa County, AZ | Mortgage lenders | 93% | 1,114 | 1,018 |
| Cook County, IL | Mortgage lenders | 93% | 1,062 | 971 |
| Hennepin County, MN | Mortgage lenders | 98% | 994 | 970 |
| Chatham County, GA | Mortgage lenders | 97% | 910 | 886 |
| Okaloosa County, FL | Mortgage lenders | 98% | 901 | 881 |
| Polk County, IA | Mortgage lenders | 96% | 909 | 874 |
| St. Charles County, MO | Mortgage lenders | 97% | 878 | 849 |
| Polk County, FL | Mortgage lenders | 92% | 854 | 788 |
| Fulton County, GA | Mortgage lenders | 93% | 745 | 689 |
| Henry County, GA | Mortgage lenders | 96% | 703 | 675 |
The county markets where New American Funding, LLC made the most loans. Each link opens that market with every lender ranked.
Questions about New American Funding, LLC
What is New American Funding, LLC's mortgage approval rate?
New American Funding, LLC approved 83.6% of the 123,796 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 2.3 points above the 81.3% national rate for the same mix of loan types.
How often do borrowers take the loan New American Funding, LLC offers?
Borrowers accepted 99% of the loans New American Funding, LLC approved, against 96% for all home purchase mortgage lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does New American Funding, LLC make?
The typical home purchase mortgage loan New American Funding, LLC made was $305K; across all loan types its typical loan ran from $95K to $345K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does New American Funding, LLC lend?
New American Funding, LLC decided applications in 52 of the states Fat Boy Data covers, most of them in California, Florida and Texas.
Can I apply to New American Funding, LLC directly?
Yes. New American Funding, LLC reports as a direct lender that takes applications from borrowers. Its website is newamericanfunding.com.
Does this page show New American Funding, LLC's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how New American Funding, LLC treats applications, then get a rate quote from the lender.