Finance & Mortgage Intern, Silicon Valley, CA

FINANCE & MORTGAGE INTERN

Description

Forward-thinking, fast paced and innovative real estate and mortgage company looking to hire a summer interns, who will have the opportunity to work side-by-side with managers in real-world assignments and present on real projects within Pacificwide’s mortgage team. Interns can serve in various positions including marketing, finance, mortgage, operations. In this position, you will contribute to project-based deliverables aligned to field of study while learning more about the financial and mortgage industry.

Responsibilities

• Verifies, compiles, and types application information for mortgage loans: Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage, borrower assets, liabilities, and length of employment.
• Recommends that loan not meeting standards be denied.
• Calls or writes credit bureau and employer to verify accuracy of information.
• Calls or writes to verify client’s employment information.
• Types loan application forms, using computer.
• Calls specified companies to obtain property abstract, survey, and appraisal.
• Informs supervisor of discrepancies in title or survey.
• Submits mortgage loan application file for underwriting approval.
• Types and mails approval and denial letters to applicants.
• Coordinate and work with escrow, clients, loan agents and lenders for wiring funds and successfully transaction closing.
• Records data on status of loans, including number of new applications and loans approved, canceled, or denied, using computer.

Requirements

Applicants should be Business, Finance, Economics or Accounting majors with proficient in Microsoft Office applications. Attention to detail, the ability to multi-task and excellent communication skills are all essential to this position. Demonstrate leadership and independent experience through work/school activities. Candidates must be open to working on a variety of projects and tasks.

About Pacificwide Business Group

Pacificwide Business Group Inc. (www.pacificwide.com) is a full-service real estate and mortgage company. Situated in the heart of Silicon Valley California, we are proud of providing the unmatched services to our customers in the entire Bay Area. The teams help our clients to buy their dream homes, sell their properties for better investment opportunities.

The Pacificwide teams include dedicated, highly experienced real estate professionals, young staffs with area of expertise in finance, sales, marketing, market research and analysis with multiple cultural oriental unique services. The teams are proud of helping ten thousands of clients across the nation, especially in Silicon Valley and Bay Area, California.