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2018 Women of Influence: Patty Arvielo

President and Co-Founder at New American Funding

Patty Arvielo

Patty Arvielo, president and co-founder of New American Funding, is a force of nature, steering her company onward and upward as she manages operations and sales for the company.

Committed to promoting sustainable Hispanic homeownership, Arvielo has worked to transform New American Funding into a national mortgage lender and servicer that funded approximately $900 million in home loans per month in 2017, with a current servicing portfolio of $23 billion.

Even in her leadership role, Arvielo continues to originate millions in home loans each year on her own.

Outside of New American, Arvielo serves on the Mortgage Bankers Association’s Diversity and Inclusion Committee and is a member of mPower, the MBA’s community for women in the real estate finance industry.

She is politically involved in the current and future states of mortgage banking and visits Washington, D.C., to go to bat on behalf of both the industry and homeowners.

Additionally, Arvielo is involved in the National Association of Hispanic Real Estate Professionals, serves as a member of NAHREP’s Corporate Board of Governors and was formerly served as chair of the board.

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An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have already changed housing data. So, let’s […]

3d rendering of a row of luxury townhouses along a street

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