Former President of PrimeLending Appointed to Executive Leadership Team at New American Funding

TUSTIN, Calif., Oct. 17, 2017 /PRNewswire/ -- New American Funding, a leader in the mortgage industry, has appointed Scott Bristol as its new Senior Vice President National Sales Manager. Bristol, who is part of the company's executive leadership team, will be instrumental in advancing the growth of the lender's retail division throughout new and existing markets.

He will help manage the productivity for Loan Originators nationwide while simultaneously working with regional managers to maximize their profitability.

"I'm looking forward to this opportunity. The quality of the people from the ownership down is first class," said Bristol. "New American Funding's focus on people, technology, marketing and providing a superior experience for borrowers and employees is spot on. When you have great products, interest rates, and compensation plans, it creates a platform that can win in a rapidly changing mortgage industry."

"We feel honored and encouraged that after vetting many of our worthy competitors that Mr. Bristol felt our operational prowess, marketing advantage, and proprietary software gave him the best foundation to continue his stellar career," stated CEO Rick Arvielo.

Bristol is a 20-year industry veteran, who began as a top-producing Loan Originator. He spent the past 8 years working at PrimeLending, where most recently he served as the company's President. During his tenure, Bristol was instrumental in helping the company become a Top 10 lender in purchase units nationwide. For the past 3 years, Mortgage Executive Magazine named him one of the Top 100 Most Influential Mortgage Executives in the country.

"It's a tremendous privilege to have Scott at New American Funding. He has a solid reputation inside and outside of our company," said Jon Reed, EVP National Retail Sales. "He's highly regarded and brings a wealth of experience to the management team. He deepens our leadership for retail growth while embracing our culture and values."

About New American Funding

New American Funding is a national mortgage banker licensed in 48 states with approximately 130 branches offering home loan options including: Conventional, FHA, Cash Out, Fixed Rate and Adjustable Rate Mortgages, VA, HARP 2.0, Jumbo, and Reverse Mortgages. The company is a Fannie Mae, Freddie Mac and Ginnie Mae Direct Seller/Servicer, FHA Direct Endorsement, and VA Automatic mortgage lender.

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SOURCE New American Funding