NEXT is proud to recognize Patty Arvielo as a recipient of the inaugural NEXT Powerhouse Awards.
Register now to join us in celebrating Patty and all of the NEXT Powerhouses at #NEXTSUMMER20, NEXT’s first FREE virtual event, which will take place on August 23-25, 2020.
Patty Arvielo, President & CoFounder
New American Funding
Patty Arvielo started her career from scratch, reaching out of her immediate circle and comfort zone to break into a business when she had no previous experience. Thirty-nine years later, she is a nationally recognized businesswoman; leading a mortgage bank with about 3,500 employees and approximately 200 branches across the nation. She is influencing the real estate finance industry in terms of lending policy initiatives and she rallies for the upward mobility of women in the workplace overall.
Patty is involved in the National Association of Hispanic Real Estate Professionals (NAHREP). She has inspired New American Funding managers to obtain local chapter and board positions with the same group in their areas. To better serve Hispanic communities, Patty spearheaded the Latino Focus Committee within her organization. Their mission is to identify, and address challenges Hispanic consumers face in their pursuit of homeownership and to enhance the quality of their lending experience.
Patty serves on the Executive Board of Big Brothers Big Sisters (BBBS) Orange County. She is politically involved in the current and future states of mortgage banking, and frequently visits Washington, D.C. to lobby on behalf of the industry and homeowners. She also serves on the National Park Foundation Board of Directors, where she is serving a six-year term as a new board member and also serves on the Mortgage Bankers Association Affordable Homeownership Advisory Council (MBA). She was also selected to serve a 3-year term on the Housing Counceling Federal Advisory Committee (HCFAC).
She is a former member of the Fannie Mae Affordable Housing Advisory Council and both Freddie Mac’s Community Lender Advisory Board and Affordable Housing Council. She’s also a former member of the Latino Donor Collaborative Board and Orange County School of the Arts Foundation Board
Patty is the recipient of numerous professional accolades and was recognized in 2016 by Ernst and Young as an EY Entrepreneur of The Year ® for Orange County. She also won the 2019 Gold Stevie® Award for Woman of the Year, the 2016 Latinos de Hoy Business Award, and NBC Latino did a feature profile highlighting her life.
Patty continues to lead by example, shaping both New American Funding and the housing industry overall.