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MORTGAGE & LENDING INDUSTRY NEWS
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CashCall to add staff as it expands nationwide

The Anaheim-based mortgage company will create 520 new positions.

By Sophia GioielloPublished: September 19, 2011

CashCall Inc.’s Anaheim-based Mortgage Division is currently expanding nationwide and will hire 520 new employees. According to CashCall reps, the company is seeking licensed mortgage agents, underwriters, funders, processors and shippers to provide low-interest mortgage loans and home refinancing. The continued success of CashCall has allowed the company to expand and seek more employees, in addition to the 230 new jobs already provided earlier this year. These new positions will primarily be in CashCall Mortgage’s Anaheim and Las Vegas locations.

“We don’t have anywhere near the overhead as the big banks, and we’ve been able to pass those savings on to our customers in the form of lower interest rates and no closing costs,” said J. Paul Reddam, president/CEO of CashCall and founder of DiTech Funding Corp. “We’re thrilled to help consumers save money on their mortgages and be a positive part of the economic recovery by creating hundreds of new jobs.”

Cashcall’s streamlined application and lending processes continues to lower both its own costs and the costs of its customers, say company reps.

“It seems that consumers are becoming smarter shoppers and realizing that lenders such as CashCall offer the same mortgage refinancing as big banks – but at lower rates and often with less hassle,” Reddam said.

Related headlines:
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Tustin-based Sunwest Bank offers mortgage home loans
Mortgage defaults rise in Orange County