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Patty Arvielo

Patty Arvielo is  Co-Founder and President of New American Funding. A self-made entrepreneur with over 40 years experience in the mortgage industry, Patty co-founded the nation’s largest Latina-owned mortgage company, New American Funding. A first-generation Hispanic American, Patty learned the value of hard work from her mother, who built a successful cleaning business in California. At age 16, Patty entered the workforce with an entry-level clerical position and soon landed a job at a prominent mortgage company, where she would rise through the ranks to become assistant vice president. Finally, in 2003, she decided to take the leap and launch her own mortgage firm, which is now the largest Latina-owned private mortgage company in the nation, appearing on Inc. 5000’s list of Fastest Growing Companies in America seven times.

Beyond creating an enviable working environment, Arvielo has also driven New American Funding to become an industry leader in lending to minorities. In that spirit, Arvielo established the company’s Latino Focus and New American Dream initiatives to improve the lending experiences of Hispanic and Black homebuyers, respectively.

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