New American Funding Names Joe Smith Arizona Regional Sales Manager

Jun 14, 2017

New American Funding has named Joe Smith its new regional sales manager overseeing the Arizona market. Smith, a top-producing mortgage professional, will be responsible for expanding the company’s brand statewide by recruiting new loan officers, identifying additional branch locations, and growing sales volume. He’ll also work one-on-one with loan officers to maximize their loan production.

“I’m thrilled about this new opportunity,” said Smith. “You can do loans anywhere. I came to New American Funding because the culture and people make the difference. They’re willing to do whatever it takes to succeed. Furthermore, the marketing for loan officers is the best that I’ve seen in the industry. This winning combination makes it a great environment for the originator to thrive.”
Smith, a 15-year veteran of the mortgage industry, has worked as a branch manager for the majority of his career.

“Bringing Joe on board to New American Funding’s team has been an excellent fit. His integrity and first-rate reputation in the marketplace are in direct alignment with our goals and views,” said Milt Karavites, Regional VP. “We have the utmost confidence in his ability to lead our Arizona growth. Not only does he possess a passion for mortgage banking but he distinctly understands the needs of the loan officer, real estate agent, and buyer.”

About the author

NationalMortgageProfessional.com

Link copied

Published

Jun 14, 2017

Analysis and Data

Late Pays Rising for Student, Auto Loans

More of those with strong credit records have gone delinquent

Delinquencies are building across two major food groups — student loans and automobile financing — the feed credit scores and are sure to impact the ability of would-be home buyers to obtain a mortgage. The Education Department hasn’t updated its official student loan rep...

Analysis and Data

Buyers Faced Bigger Down Payments in 2024

Buyers paid an average of 14.4% of the purchase price, up from 14.2% in 2023

Down payments reached record highs in 2024, both in dollar amounts and as a share of purchase price, according to a new report from Realtor.com. The typical down payment in Q4 was $30,250, slightly below Q3 but about $3,000 higher than a year earlier. "As inventory recove...