

New American Funding - Doug Magit
Loan Consultant


California State University, Northridge
Experience matters when navigating unique markets like Mammoth Lakes and Bishop. With over 35 years in home lending and nearly four decades as a local resident, Doug Magit understands the nuances of the Eastern Sierra and Las Vegas real est...... Show More
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Doug mwas extremely helpful and extremely prompt in getting back to us and in helping us through the whole process. I would very strongly recommend him to anyone!
Reply from Douglas Magit
March 23rd, 2026 05:20 PM
I appreciate your kind words and recommendation, Alan. It was my pleasure to assist you throughout the process at New American Funding. If there's ever anything else you need, please feel free to contact me.
Doug makes a complicated process seem effortless. His professionalism and low-key approach keep stress levels down across the board. We were able to close early on a 21-day escrow!
Reply from Douglas Magit
April 13th, 2026 04:18 PM
Thank you, Julie. I'm glad to hear that my approach helped make the process smoother for you. Closing early on a 21-day escrow is a great achievement, and I'm pleased we could accomplish that together at New American Funding. Feel free to reach...
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Everything
Reply from Douglas Magit
February 24th, 2026 09:51 PM
I'm grateful for your endorsement of my work at New American Funding. If you ever need assistance in the future, don't hesitate to reach out.
Doug was helpful through the whole process. He was always available and answered all of our questions. We really appreciated Doug being on our team!
Reply from Douglas Magit
February 24th, 2026 09:51 PM
Thank you for sharing your experience you had with New American Funding. Customer satisfaction is our main priority and your feedback is greatly appreciated.
Doug was always available, very clear in communications, and was able to close escrow early
Reply from Douglas Magit
February 24th, 2026 09:51 PM
I'm grateful for your review, Cynthia. It's encouraging to hear that my availability and communication met your expectations, and closing escrow earlier was an added benefit. If there's anything else I can assist you with, please feel free...
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Doug is very calming and answers my questions and understands the process. My only issues are with the volume of data requested which sometimes seems duplicative between Doug and the processor.
Reply from Douglas Magit
February 24th, 2026 09:51 PM
We are happy you had a great experience with New American Funding. Please keep us in mind for any further home financing needs.
Doug was supportive
Reply from Douglas Magit
February 24th, 2026 09:51 PM
Thank you for your time to leave a review regarding your experience with New American Funding. Should you require any further assistance or information, please let us know.
Good rate
Reply from Douglas Magit
February 24th, 2026 09:51 PM
Thank you for sharing your experience you had with New American Funding. Customer satisfaction is our main priority and your feedback is greatly appreciated.
When my bank dropped the ball on my mortgage application for a property in Mammoth, Doug and US Bank stepped up big time. They were able to help us buy our vacation home at a good r*te and quickly! I would recommend him for anyone in need of...
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About
Experience matters when navigating unique markets like Mammoth Lakes and Bishop. With over 35 years in home lending and nearly four decades as a local resident, Doug Magit understands the nuances of the Eastern Sierra and Las Vegas real estate markets. Doug is a specialist in Mammoth second homes and investment property condos, including the technical requirements often required for resort-area financing. For Bishop residents, he provides expert guidance on primary home purchases and equity solutions. Now with New American Funding, Doug combines his 30+ years of local insight with a powerful national platform to offer competitive rates and seamless closings. Your mountain home or Vegas investment starts with a lender you can trust.
Products & Services
Mortgage Loan Officer
FHA Home Loan
VA Home Loan
Jumbo Home Loan
Conventional Home Loan
Non-QM
Reverse Loans
Self-Employed Mortgages
Cash-Out Refinances
Investor Mortgages
Bank Statement Mortgages
Specialities
Second Home
Condos
Investment Property
Primary Residence
Search Rank ScoreLearn More →
527
/850
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Education
- California State University, NorthridgeFinance & Real EstateBachelor of Science (BS)

Memberships
- Mammoth Lakes Board of Realtors - Affiliate Member
- NMLS
Addresses and Serving Areas
Primary Serving Area
Other Serving Areas
Year Started
1990
Time Zone
Pacific Standard Time (PST)
Licenses
- NMLS # 459888
Hobbies
- Triathlon
- SCUBA diving
- Golden Knights Hockey
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Disclaimer
NMLS Consumer Access © 2026 New American Funding, LLC. All Rights Reserved.
NMLS ID#6606.
Corporate Office: 1 MacArthur Place, Suite 800, Santa Ana, CA 92707. 800.450.2010
Licensing
NMLS ID#6606.
Corporate Office: 1 MacArthur Place, Suite 800, Santa Ana, CA 92707. 800.450.2010
Licensing