PATTY ARVIELO’S first exposure to the mortgage industry came when she was a young girl, accompanying her mother to clean real estate offices at night. Arvielo now serves as president of New American Funding, the company she co-founded with husband Rick in 2003, where she books nearly $3 million in home loans each month on her own, while managing operations and sales for NAF’s headquarters, branches and over 1,200 employees.
Arvielo serves on the National Association of Hispanic Real Estate Professionals (NAHREP) Corporate Board of Governors and inspired seven of her management-level employees to obtain local chapter and board positions. Arvielo has spearheaded a Latino focus committee within her own organization and serves on the MBA committees on risk management and diversity and inclusion. She frequently visits Washington, D.C., to lobby on behalf of the mortgage industry.
Additionally, Arvielo serves on the Freddie Mac Community Lender Advisory Board, where she provides input on strategies, initiatives and executions.
Arvielo’s community involvement includes serving on the board of Big Brothers Big Sisters Orange County, and she has brought a new mentorship program in-house to New American Funding.
“She has a gift for aligning talent and skill sets with opportunity,” a spokesperson for NAF said. “She challenges her teams to take on new projects with confidence and determination.”
Arvielo has worked to transform New American Funding into a national mortgage lender and servicer that funds more than $500 million in home loans each month. Under her guidance, in a short amount of time, the company has brought the entire loan process in-house — from origination to funding.