New American Funding, a national mortgage banker headquartered in Southern California, says it is continuing its Midwestern expansion by opening its first Chicagoland location.
According to the mortgage banker, this full-service branch will be located at 1301 W. 22nd St., Suite 209, in Oak Brook, Ill., and will meet the residential mortgage needs of local consumers and real estate agents who are facilitating home loans in the Greater Chicago market.
As reported, the location will offer a variety of products, including purchase and refinance loan options.
New American Funding says it has enlisted the expertise of mortgage industry veteran Luis Hernandez to spearhead this expansion as branch manager.
According to New American Funding, the thriving residential communities in and around Oak Brook presented a prime opportunity to continue its nationwide expansion into that area, noting that this launch marks the company’s fourth Illinois branch, with other locations in Edwardsville, Godfrey and Swansea.