Patty Arvielo, President and cofounder, New American Funding
Patty Arvielo began her career in the mortgage industry 32 years ago, developing a diverse skill set, from underwriting to processing. She quickly climbed up the ladder to her current role as cofounder and president of the largest Latina-owned mortgage company in the nation, New American Funding. Currently, Arvielo manages the daily operations and sales for the company’s headquarters, 130 branches and more than 2,400 employees. As a personal commitment to reach underserved communities, Arvielo has spearheaded two in-house initiatives promoting diversity among borrowers: the Latino Focus Committee and New American Dream. Since its inception, New American Funding has financed 47,651 minority homeowners.
As a result of her successful track record, Arvielo has become a recognized and sought-after authority among government-sponsored entities that need insight on policy and program development. She currently serves as a member of the corporate board of governors for the National Association of Hispanic Real Estate Professionals and recently joined the Latino Donor Collaborative board. In 2016, Arvielo worked hand-in-hand with Freddie Mac to devise and launch Your Path, a new loan program that makes affordable homeownership opportunities available to a changing demographic of US borrowers. Arvielo is the recipient of numerous accolades and recognition for her professional achievements, including the 2016 EY Entrepreneur of the Year Award.
New American Funding
14511 Myford Road, Suite 100 Tustin, CA 92780