New American Funding, a nationwide mortgage lender based in Tustin, Calif., said Tuesday it has hired industry veteran Andy Pettola as executive vice president, national sales.
Pettola brings more than 30 years of mortgage industry experience to his new role. Over the course of his career, he has served in senior executive leadership positions in the wholesale, retail, and correspondent channels, and has a proven track record of building sales and operational platforms both locally and nationally, the company said.
While serving in those roles, Pettola set multiple corporate milestones in production, divisionally and nationally in multiple channels. Earlier in his career, Pettola was the owner of a retail broker shop for seven years and spent time in both processing and underwriting.
More recently, he served as director of national sales for Envoy Mortgage, and previously served as EVP of wholesale lending for Total Mortgage Services.
"We are thrilled to welcome Andy to our company," NAF President Christy Bunce said. "Throughout his career, he's shown the ability to balance growth, profitability, and operational support, all while providing best-in-class service to his sales teams and clients alike. We are confident that Andy will use his expertise to take our sales organization to the next level."
At NAF, Pettola will focus on growing sales and scaling operations in key strategic markets, as well as developing growth, competitive, and profitability strategies globally, the company said.
New American Funding is an independent mortgage lender with a servicing portfolio of over 246,000 loans totaling approximately $64.9 billion, and more than 170 locations nationwide.