Latino Who's Who

Recognizing the Latino professional community

The Latino American Who’s Who Recognizes Patricia Arvielo

Written By: PR - Nov• 26•12

Tustin, CA/LWW Press/November 26, 2012 – –Patricia Arvielo, President/Co-Founder, New American Funding, was selected for inclusion in the 2012 edition of The Latino American Who’s Who.

Patricia Arvielo is the President and Co-Founder of New American Funding with over 30 years of experience in the mortgage industry. She has helped transform New American Funding into a national mortgage banker and servicer that funds in excess of $400 million in home loans every month. New American Funding was recognized as one of the Top Mortgage Companies in 2011 and was ranked as one of the Fastest-Growing Private Companies in Orange County by the Orange County Business Journal.

Patty began her career in the mortgage industry at the young age of sixteen. She focused on networking with real estate agents and growing her home purchase loan business. By her mid 20’s, Patty found herself at Countrywide, where she gained an extensive background in mortgage operations. While there, she became a DE Underwriter and received her VA LAPP Certification. In 1994, Countrywide began its hot pursuit for the Spanish-speaking market, and Patty was instrumental in helping establish their strong presence in the Orange County community.

In 1997, Patty left Countrywide for a new and exciting opportunity. She was invited to lead the operations unit at a new start-up, New American Financial. She worked at New American Financial until 2003, when Patty along with her husband Rick, decided to step away from New American Financial and launch their own mortgage company, New American Funding.

Patty’s experience in all the different facets of mortgage lending gave New American Funding what it needed to take the next step to become a mortgage banker. With her direction, the company grew to take on and handle the entire loan process in house, from origination to processing, to underwriting and funding. It was also Patty’s experience in residential lending that prompted the company to start down the path of forming their own Realtor-based Lending Division.

Even today, while she manages operations and sales for seven offices and a staff of more than 500, Patty continues to originate and book $4 million to $5 million in home loans each month. She recognizes the importance of originating as it helps her keep a finger on the pulse of the market and in touch with the “streets”. She knows exactly how her staff of 250 loan officers feels at any given moment.

Patty resides on the National Association of Hispanic Real Estate Professionals’ Corporate Board of Governors and is on the Risk Management Committee for the Mortgage Bankers Association She is politically involved in the current and future states of mortgage banking and frequently visits Washington, D.C. to lobby on behalf of the mortgage industry and homeowners. Her company received the Top Mortgage Companies Award in 2011-Rank #28 and was one of the Top Mortgage Vendors in CA. The company made Inc. magazine’s exclusive list of the nation’s fastest growing private companies, ranking at 560 and was recognized by the Orange County Publication in 2012 as one of the Best Places to Work. The company also made Inc.’s Hire Power Awards for generating jobs and building up the economy. Patty has continuous license education with numerous certifications from FHA, VA, and Real Estate Boards.

The Latino American Who’s Who is a New York based biographical publication that selects and distinguishes leading Latino professionals throughout the world who have attained a recognizable degree of success in their field of endeavor and thereby contribute to the growth of their industry and culture.  The Latino Who’s Who promotes an awareness of the achievements of the Latino professional and executive by creating a networking platform to provide recognition of individual accomplishments. The annual registry of the Latino American “Who’s Who” is formatted as an elegant hard cover edition as well as an online edition that provides information on recognized individuals. It also contains cross references by names, professions and family country of origin.

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