As CEO of New American Funding, Rick Arvielo has used his marketing and technology expertise to continuously grow the company. The company maintains a servicing portfolio of more than $20 billion and funds about $1 billion in loans per month, up from $900 million per month last year. Current industry trends make New American Funding’s growth even more notable. 

This year, New American Funding continues its expansion across the U.S., including Illinois, Missouri, Georgia and Texas. The mortgage banker hired top talent to increase its efforts in Northern California and made headway by opening new branches in the Midwest and Southeast regions. NAF  is positively impacting these new communities, helping more individuals get into their dream homes by offering affordable mortgages. 

Arvielo is involved in several member associations that play a vital role in the current and future states of mortgage banking. He frequents Washington, D.C., to lobby on behalf of the industry and sits on the board of directors for the Mortgage Bankers Association, and on the group’s Residential Board of Governors. 

Arvielo also serves in an elected position on the steering committee for the Mortgage Action Alliance Committee and is the 2017-2018 chairman of the Mortgage Bankers Association Political Action Committee. Arvielo’s motivation stems from a desire to help others and to create a legacy that he can be proud of. With New American Funding, he has been able to build a profitable enterprise, lead his team members to personal success, and help consumers achieve the American dream.

What has been your secret to success?

“As an entrepreneur, I have achieved success in business because of my willingness to risk and overcome adversity. The challenges I have faced throughout my business career are what make the business world exciting, rewarding and worthwhile.”