At Mount Olympus Mortgage Company, it is our daily goal to help improve the economy and help reinvigorate the American Dream of home ownership. As a highly valued team member and integral part of our financial institution, you will play a fundamental role in reinstituting the American Dream as an attainable goal.
Homeownership is a vital thread that weaves together our nation. Residential construction, remodeling, rental housing, and various other related aspects of the industry are all directly affected by home ownership. Pew Research Center Study, shows that 81% of adults agree "that buying a home is the best long-term investment a person can make." The equity that accumulates in homes flows into the economy through education, health expenses, home improvements that increase value of the home, and funding retirement. This provides more economic activity in all aspects of the community.
Trusted, transparent and responsible lending
The Mount Olympus leadership team has combined lending experience totaling over 130 years. Our goal is to deliver accurate information, competitive rates, a transparent process, and compliance with Federal regulations
We are consumer advocates. Our clients look to us to show them the facts about what loans are available to you and how much they really cost. This is what we mean by trusted, transparent and responsible lending. Our mortgage bankers are SAFE Act licensed and we adhere to a strict no-steering policy. We are only interested in helping our clients find the loan that best fits your needs. MOMco.com is a direct lender. Simply put, we provide low rates, fast approvals and can close our loans much faster than the industry average. Our strict “No Steering” policy assures that you'll see all the loan programs available and choose the right one for your needs.
During your 10 week paid internship, you will follow
loan files through each step of the entire mortgage
process, obtaining firsthand knowledge of each step
and its purpose. You will follow files from application,
through processing, on to underwriting, then the
funding stage, and finally the sale of the loan to
investors. Integrity is a way of doing business in
mortgage banking today and we pride ourselves
on being a leader in our industry. Thanks to our
knowledgeable staff, you will have the opportunity to
get hands-on experience during your paid internship.
Mount Olympus Mortgage Company wants to help
you reach your full potential and help you take the
next step toward financial independence. Helping
our economy while re-instilling the good faith of
the recently shaken financial services industry, our
clients are our first priority.
Implementing the skills and strict adherence to fair
and responsible lending, here at MOMCo there is
truly limitless income and personal growth potential.
It is time to reach your peak!
The purpose of the MOMCo internship program is to provide qualified interns an opportunity to have a hands-on learning experience in a mortgage banking organization, which is part of the financial services industry which specializes in residential mortgage sales.
Mortgages are loans, secured by the underlying property (e.g., house and land) made to:
(1) Potential buyers of a house, condominium, or other residential property, whether or not the property is brand new or very old.
(2) Existing property owners to refinance, or replace, an existing loan that the property owner has with a different lender.
Recently, with the drop in interest rates throughout the United States, there has been a surge in owners wanting to refinance an existing high-interest rate mortgage with a new, low-interest rate mortgage (loan) at a lower (i.e., more favorable) interest rate available in today’s lower interest environment. Here at MOMCo, currently the majority of our mortgages are of the second category, (namely "Refi"s).
As you can imagine, the amount of money involved in these types of real estate transactions is substantial, especially here in California where most of our business takes place. Accordingly, there is a lot of “paper-work” to make sure that the borrower qualifies to take out a loan and has the ability to repay it; that the ratio of the loan to the property value is high; that the ultimate holder of the mortgage (the long term lender, or “investor”) feels secure in making the loan; and that all federal and state laws and regulations are complied with in all respects.
Our internship program is geared to introduce to you to all aspects of mortgage banking, from first identifying potential borrowers, steps taken to verify their credit-worthiness, processing the paperwork, and securing the funding to crystallize the loan with the outside investors. We hope that by the end of the internship program, you will be interested in becoming a licensed mortgage banker that has a solid understanding of all aspects of this very important part of the American economy.
Mount Olympus Mortgage Company, an Irvine-based financial services company, is proud to offer a 10 week paid internship to UCI students and recent graduates. Learn the many facets of the mortgage banking industry!
At Mount Olympus Mortgage Company we pride
ourselves in staying on the cutting edge of the
quick and ever expanding internet marketplace.
Through the use of social media, we take full
advantage of the many different avenues to reach
potential customers.
As a Mount Olympus Mortgage Banker you
will be equipped with a fully supported online
marketing presence that includes cutting edge
profiles, utilization of the most effective placement
to grow your customer base quickly, and help you
achieve success.





