Hispanic Lifestyle is pleased to recognize Patricia Arvielo President & Co-founder of New American Funding as a 2016 Latina of Influence. Ms. Arvielo along with her fellow Latinas of Influence are invited to participate in Hispanic Lifestyle’s Latina Conference to be held on April 8, 2016.
With more than 30 years of experience in mortgage, Patricia Arvielo has risen to the top executive ranks and become a source of lending expertise for the housing industry. She is co-founder and President of New American Funding, a national mortgage banker, and she continues to originate loans while managing all sales and operations for New American Funding’s headquarters, 100 branches, and over 2,000 employees.
Though she is highly involved in the daily operations of New American Funding, Patty still makes time to be of service in the industry and her local community. Patty actively participates in mentorship efforts for women and provides a corporate environment fit for women to excel on merit. Her natural leadership and commitment to helping women, particularly Latinas, has fueled New American Funding’s success and contributed to her role as an iconic mortgage leader. About 51% of New American Funding employees are women, with many C-level positions held by women.
Patty’s leadership extends beyond her roles at New American Funding and into the mortgage industry. She serves on the affordable lending panels for Fannie Mae, Freddie Mac, and HUD, and is on the Diversity Committee and the Consumer Affairs Advisory Council for the Mortgage Bankers Association.
She is deeply involved with the National Association of Hispanic Real Estate Professionals (NAHREP), whose mission is to increase the rate of sustainable Hispanic homeownership by empowering the real estate professionals that serve the community. She serves as the NAHREP Corporate Board of Governors Chairman and has inspired seven of her New American Funding management level employees to obtain local Chapter and Board positions with the same group in their areas. In Spring of 2013, Patty spearheaded the Latino Focus Committee within her organization, whose mission is to identify and address challenges Hispanic consumers face in their pursuit of homeownership and to enhance the quality of their lending experience.
Her accomplishments are respectable by any measure, but it’s important to give mention to Patty her humble beginnings in order to fully understand her unique perspective. She was born into a hard-working Mexican-American family from South Gate in L.A. County, California. Her first exposure to the mortgage industry was as a young girl. At just 16, Patty landed a clerical position for TransUnion Credit. At 19, she was promoted into a sales position. Patty worked tirelessly to build real estate agent and community relationships and in doing so, ignited a life-long passion for service and pursuit of self-made, enduring success.
In the years following, Patty assumed a natural role as orchestrator and champion for her sales teams and colleagues. She challenges her teams to take on new projects with confidence and determination. She gets to know the people she works with, genuinely befriending even competitors unable to resist her approachable demeanor and infectious love for helping others.
She frequently visits Washington D.C. to lobby on behalf of the mortgage industry and homeowners. Patty is involved with charitable organizations like Dress for Success whose purpose is to offer long-lasting solutions that enable women to break the cycle of poverty. She sits on the board of Big Brothers Big Sisters, has become a sought after keynote speaker for mortgage events across the nation, and is passionate about improving lending services for the Hispanic community.
Awards and recognitions:
- Orange County Business Journal 2015 Excellence in Entrepreneurship
- National Hispanic Business Women Association – Woman of the Year 2014
- NHBWA Business Women of the Year
- National Association of Women in Real Estate Business- Roaring Twenties – The Talkie Award
- LULAC Orange County Hispanic Woman of the Year
- HousingWire Vanguard Award
- OC Register Top Workplaces
- Scotsman Guide’s Top Mortgage Lenders
- Orange County Business Journal- MINORITY-OWNED BUSINESSES
- 2014-2015 Latino American Who’s Who Top 100
Nominated by Eva Melgarejo