15 Underwriters from Provident Funding Associates submitted salaries.
Provident Funding Associates is a leading mortgage company marketing to the country's largest banks and government-sponsored agencies. It is the nation's No. 2 largest privately held mortgage company and is the top Freddie Mac mortgage servicer. The company offers significant cost advantages and advanced technology to its clients, making it the No. 1 wholesale lender and the 9th largest direct lender. In the first 10 months of 2012, the company funded more than $26 billion in new loans. It manages a $60 billion servicing portfolio and counts 280,000 customers.
Based in San Bruno, California, Provident maintains regional centers in Los Angeles, California; Pittsburgh, Pennsylvania; and Chicago, Illinois. It operates 63 offices throughout the country. National Mortgage News named Provident as "one of the best managed mortgage firms" in the nation.
Provident expanded its workforce by 25 percent in 2012 and now employs more than 700 skilled mortgage professionals. The company offers competitive salaries and extensive benefits. Employees new to the mortgage industry go through a comprehensive eight-week training program, beginning with two weeks of Provident Funding University. Once the initial training is complete, employees have access to continuing education and training. The company clearly outlines the career paths available to employees, including advanced careers with Provident, Colorado Federal Savings Bank, LenderVend Appraisal Zone, Provident Mortgage Trust and Provident Mortgage Capital Associates.
Financial Analyst is the highest paying job at Provident Funding Associates at $72,000 annually.
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