First California Mortgage Company Opens 2 New Fulfillment Centers in 1 Month
Petaluma, CA, February 18, 2011 --(PR.com)-- First California Mortgage Company (First Cal) announced the opening of 2 new fulfillment centers on the West Coast for the month of February. These new centers will be located in Irvine, CA and Seattle, WA. This addition brings the total of Regional Fulfillment Centers to 5 including; Northern California, Arizona and Colorado.
When asked why regional centers are so important to First Cal and the Mortgage Industry Company President Chris Hart said, “It’s important today because credit markets are driven by localized criteria.” He added, “Ironically you might think that one large center applying credit decisions equally across all states would be the preferred method, however that is not the case. That thinking worked 5 years ago. Today each market is truly unique so it is important for First Cal to be integrated in the communities in which we originate.”
Jennifer Warmerdam-Eakes, Vice President of Operations, said, “The opening of both the Northwest and Southern California Operations Centers play a very important role in building First Cal’s geographical footprint. Within both of these markets a local presence will create a higher level of service based on direct market knowledge. Warmerdam-Eakes continued, “First Cal is dedicated to providing affordable home financing with integrity, by bringing this thinking to the local regions we will offer home owners an unparalleled level of service.”
The new fulfillment centers will offer a local mortgage experience from application to funding, with in-house Processors, Underwriters, Client Service Advocates and Funders.
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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When asked why regional centers are so important to First Cal and the Mortgage Industry Company President Chris Hart said, “It’s important today because credit markets are driven by localized criteria.” He added, “Ironically you might think that one large center applying credit decisions equally across all states would be the preferred method, however that is not the case. That thinking worked 5 years ago. Today each market is truly unique so it is important for First Cal to be integrated in the communities in which we originate.”
Jennifer Warmerdam-Eakes, Vice President of Operations, said, “The opening of both the Northwest and Southern California Operations Centers play a very important role in building First Cal’s geographical footprint. Within both of these markets a local presence will create a higher level of service based on direct market knowledge. Warmerdam-Eakes continued, “First Cal is dedicated to providing affordable home financing with integrity, by bringing this thinking to the local regions we will offer home owners an unparalleled level of service.”
The new fulfillment centers will offer a local mortgage experience from application to funding, with in-house Processors, Underwriters, Client Service Advocates and Funders.
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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Contact
First Cal
Kat Hollowell
707-796-7512
www.firstcal.net
Kat Hollowell
707-796-7512
www.firstcal.net
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