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2023 Woman of Influence: Patty Arvielo

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Patty Arvielo is a self-made entrepreneur who co-founded one of the nation’s largest Hispanic-owned mortgage companies, New American Funding (NAF). However, her influence extends far beyond the mortgage industry. She is an active investor and leader of companies that uplift and empower the Hispanic community. Arvielo is also an ardent advocate for education who recently became the first Hispanic woman to have a business school named in her honor. She is a leader who guides the next generation through mentorship, a sought-after expert on overcoming the racial wealth gap and much more.

In 2023, Arvielo became CEO of NAF alongside her husband, Rick Arvielo, who also serves as CEO. Together, the Arvielos have led New American Funding to heights never before seen in the company’s history. In spite of the challenging mortgage market, NAF’s foundation has remained strong, enabling the company to continue growing at a time when most other companies are shrinking. This comes as the direct result of Arvielo’s efforts as a leader of the company she helped found in 2003. Today, she manages the company’s operations and sales, while overseeing 176 locations and nearly 3,500 employees nationwide.

Name:

Patty Arvielo

Title:

Co-Founder and CEO

Company Name:

New American Funding

Industry

Mortgage

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