Why Choose OurTeam?
ABOUT NAF
One of the nation’s leading independent mortgage lenders.
Since 2003, the company has been helping individuals and families of all backgrounds achieve the American dream of homeownership through state-of-the-art technology, meaningful client marketing, the industry’s best customer service, and a diverse range of home loan options.
THE GERVAIS TEAM DIFFERENCE
YOUR DEDICATED LOANOFFICER
THE BEST PRE-APPROVAL IN THE INDUSTRY
H. 5.0
ReneeAlfredE.
At New American Funding, we’re more than just a mortgage lender, we’re your go-to partner in achieving homeownership. Whether you’re buying your first home, upgrading to your dream home, or refinancing, we’re here to support you every step of the way.
What Sets Us Apart?
Personalized Guidance
One-on-one support tailored to your goals.
Fast, In-House Processing
From start to finish, we handle your loan quickly and efficiently.
Flexible Loan Options
Everyone’s needs are different, which is why we offer a range of options.
Commitment to Inclusion
We’re proud to serve diverse and underrepresented communities.
Smart, Simple Tech
Apply, upload docs, and track your loan online, any time. It’s that easy!
Residence: Primary
Down Payment: As little as 3.5%
Credit Score
As low as 500 when required
Home Type: 1-4 units, PUD, manufactured homes, condos
Loan Limits: Loan limits apply
Buydowns: Permitted
Loan Options: Purchase, Rate and Term Refi, Cash-Out Refi, and Streamline Refi
Documentation
Required: Full doc, two-years tax returns, P&L, and balance sheet
2026RealEstateAgent ReferenceGuide
USDA
Residence: Primary, Secondary, Investment
Down Payment: As little as 3.5%
Home Type: 1-4 units, PUD, manufactured homes, condos & townhomes
Loan Limits: Conforming loan limits apply
Buydowns: Permitted
Loan Options: Purchase, Rate and Term Refi, and Cash-Out Refi
Loan Types: Fixed rate 10-30year terms and adjustable rate
Notes: OTC allowed
Residence: Primary
Down Payment: No down payment
Credit Score
As low as 500
Home Type: 1-4 units, PUD, manufactured homes, condos
Loan Limits: Based on entitlement
Buydowns: Permitted
Loan Options: Purchase, CashOut Refi, and IRRRL
Loan Types: Fixed and adjustable rate
Notes: OTC allowed
Residence: Primary
Down Payment: No down payment
Credit Score As low as 580
Home Type: Single family residence, condo, PUD, and maufactured homes
Loan Limits: Up to 115% of the median income in the area
Buydowns: Permitted
Loan Options: Purchase, Streamlined, NonStreamlined, and Streamline-Assist Refi
Notes: No acerage limitations
REVERSE
Residence: Primary
Credit Score
None
Home Type: 1-4 units, PUD, townhomes, manufactured homes, and condos
Loan Limits: Conforming loan limits apply
Loan Types: Fixed and adjustable rate
Notes: Must be age 62 or above HECM Reverse is federally insured No debt-toincome requirements Must pay taxes and insurance
Checking &savingsaccount statementsfor the last 2months(all pages)
Note: All non-payroll depositsmust be documented. Must be able to obtain a copy of the check from your bank.
Most recent statementsfor 401(k)s, stocks, and other investments
Photo identification (valid driverslicense or passport) for applicant and co-applicant
Not all transactionswill require income documentation (i.e., VA IRRRL).
OptionalDocumentsforIncludingExtra Income:
Award benefit letter showing current/projected monthly benefitsfor Social Security, reritrement, disability, or pension income received Child support ordersshowing current amount receiving
DocumentsNeededfromSelfEmployed Borrowers:
Copiesof most recent two years’ business/personal taxreturns(with all schedules) 1099sor K-1forms(if applicable)
DocumentsThatMayBeRequired:
DD214for veteransor DD256for veteran reservists
Note: Additional itemsmay be requested during the loan underwritting phase if more information isrequired to guarentee your loan If refinancing | copy of the current mortgage bill
If you’ve filed for bankruptcy in the past seven years| copiesof petition and discharge, including supporting schedulesA through K
If applicable | divorcee decree
If you own one or more rental properties| copies of leases, mortgage statements, homeowners insurance and property taxstatements
If not a U.S citizen | Permanent Resident Card, employment authorization card or ITIN
Not all transactionswill require income documentation (i.e., VA IRRRL).
EligibilityPossibilities:
Military veteran or are purchasing a home in a targeted area
Your income &home salesprice do not exceed certain limits
You occupy the home asyour primary residence within 60daysof closing
You are a legal resident of the United States You are purchasing a home in
