New American Funding doubles down on national expansion

Lender will now focus on increasing its foothold in emerging markets

New American Funding doubles down on national expansion

New American Funding is doubling down on its efforts to increase its footprint across the nation.

The California-based lender announced Thursday that it has expanded its mortgage business to more than 180 locations and approximately 4,800 employees nationwide. In light of this expansion, New American said it would focus on building in strategic markets across the country and bolstering its leadership team in these target markets.

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Leading the expansion is New American Funding director of national retail sales, Sam Ellsworth, along with other members of the company’s regional leadership team, including:

  • Kelly Allison – vice president, Southeast
  • Ellysa Cummings – senior vice president, Great Lakes
  • Hamid Hamrah – senior vice president, Midwest
  • Miguel Mouriz – regional manager, Florida
  • James Bromwell – area manager, Mid-Atlantic
  • Eric Fellows – regional manager, Tennessee
  • Michele Hoefle – regional sales manager

New American Funding will also continue to recruit sales leaders and originators in these regions, the company said.

“We feel the time is right to shift our expansion into overdrive,” Ellsworth said. “This move will allow the company to help even more families buy their dream home and build a foundation for their financial future.”

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