New American Funding
RANK
18
As the nation’s largest woman-owned and Hispanic-owned mortgage company, New American Funding is focused on building new talent pipelines. Company president Patty Arvielo launched a career-development and mentorship program, where she personally provides advice to staffers. New American Funding understands the increased cost of buying a home and provides home purchase financing assistance to its workforce, waiving origination fees and offering lender credits to employees who work with a selection of approved real estate agents. The company also aims to increase the number of Black and brown homeowners with the New American Dream initiative, dedicated to bridging the racial wealth gap. Through this program, New American Funding is committed to lending $20 billion in new mortgages to Black borrowers by 2028.
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Courtesy of New American Funding
Company Information
As of 4/11/2022
Country
U.S.
Headquarters
Tustin, Calif.
Industry
Diversified Financials
CEO
Rick Arvielo
Website
Company Type
Private
Ticker
-
Revenues ($M)
$1,300
Profits ($M)
-
Market Value ($M)
-
Employees
4,761
Figures are for the fiscal year ended Dec. 31, 2020.
Best Companies
Rank last year
-
Years on list
1
Employees (as of March 2022)
4,504
Job openings (as of March 2022)
138
Year founded
2003
Employees and job openings are U.S.-only.
PerksAs of 1/28/2021
100% health coverage
no
Unlimited sick days
no
Telecommuting
yes
Job sharing
no
Subsidized childcare
confidential
Compressed work weeks
confidential
Fully-paid sabbaticals
no
On-site fitness/subsidized gym
no
On-site medical care facility
no
Non-discrimination policy includes sexual orientation
yes
Sick days for part-timers
yes
College tuition reimbursement
no
Student loan debt repayment
no
Medical facility at all locations
-
DiversityAs of 1/28/2021
% Women
60.7%
% Minorities
45.4%
% African-American/Black
-
% Asian
-
% Caucasian/White
-
% Hispanic/Latino
-
% Native American/Alaska Native
-
% Native Hawaiian/Pacific Islander
-
% Two or more races
-
% Unknown ethnicity
-
Paid Time Off: Full-Time EmployeesAs of 1/28/2021
PTO limit (days)
17
# Sick days
5
Hiring/Staffing (Past 12 Months)
# of job applicants
140,820
Avg. # of applicants per opening
100
# New graduates hired
48
