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New American Funding mortgage recast: rules and fee

Every figure below is taken from New American Funding servicing pages and was checked on 27 Aug 2026. Where New American Funding publishes nothing, the row says so rather than guessing.

Verified 27 Aug 2026 Servicer’s own page
Minimum lump sum
$5,000
$5,000 minimum
Recast fee
$300
$300
Excluded loan types
See note
Senior lien only
Timing & frequency
See note
Funds must arrive by the 20th of the month
Primary source

New American Funding servicing pages — newamericanfunding.com — checked 27 Aug 2026. The exact document URL is not recorded here; see methodology.

Escrow

Not published. A recast fixes principal and interest. It does not fix the escrow portion of your bill, which is billed separately and can still move with taxes and insurance.

Price a recast on these rules

The calculator prefills New American Funding's $300 fee and warns below their $5,000 minimum.

Use New American Funding in the calculator

Other servicers

Compiled and verified by Moh Bami, Tampa, FL, on 27 August 2026. This page states what New American Funding publishes. It is not mortgage advice, and it is not a quote.