First California Mortgage Company Continues to Create Jobs

Petaluma, CA, October 23, 2010 --(PR.com)-- Despite a decline in the lending industry, First California Mortgage (First Cal) has expanded its workforce and continues to search for additional qualified candidates to fill openings at its Petaluma headquarters.

Since June, the mortgage lender has hired approximately 70 new employees in Arizona, California and Colorado. “We have brought on a range of positions, from funders to underwriters,” said First Cal human resources director Shannon Furr. “And we are still accepting resumes.”

The workforce increase has been brought about by residential funding demands. This is a testament to the increased $110 million in warehouse capacity the company has received this year.

First Cal has received no federal or state bail-out money, however has been able to not only keep employees in jobs but expand and create new jobs. “Our success in this declining market is predicated on loan quality and transparency, said First Cal president and vice chairman Christopher Hart. “We deliver these benefits to consumers in all markets.” With these values in mind, First Cal continues to broaden its footprint across the West Coast, and has just announced the opening of a San Diego branch.

The mortgage lender is currently seeking to fill operational positions including client service advocate, set up roles, processing, funding, conventional underwriting and government underwriting positions while continually to expanding its sales team’s account executives and branch managers.

About First Cal
Throughout its nearly 30-year history, First Cal and its affiliates have funded more than $200 billion in residential loans across the U.S. Today, First Cal is an approved FNMA Seller/Servicer, an approved HomePath® Lender, and is licensed to lend in 9 states: including Arizona, California, Colorado, Hawaii, Idaho, Nevada, New Mexico, Oregon and Washington.

First Cal specializes in high quality, fully documented conforming, jumbo, FHA and VA loans. It is a Fannie Mae direct lender, a HUD Non-Supervised Title II Full Eagle Lender and an approved national correspondent for most of the largest U.S. banks. The company maintains its headquarters in Petaluma, Calif., and is privately owned. You can find it online at www.firstcal.net.

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First Cal
Kat Hollowell
707-796-7512
www.firstcal.net
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