Founder and CEO of Newport Capital Funding, with over 20 years of experience in Mortgage Lending. Babak Khorashadi, an alumnus of CSUF with a degree in Finance with emphasis in Real Estate. This experience and education has equipped him to build a company that is a leader in the mortgage industry with a platform that can deliver highest quality of services to borrowers.

With over 35 years of mortgage experience, Richard brings a wealth of knowledge in all aspects of the industry. He brings extensive experience in all lending from FHA/VA, Conventional, Jumbo and Non QM markets. An expert in income analysis and mortgage operations, coupled with his years of origination, processing and underwriting, puts him above the competition in his ability to service his clients.