Preferred Bank
Rita E. is a seasoned mortgage loan professional with extensive experience in various roles within the industry. Currently serving as a Mortgage Loan Support Specialist at Preferred Bank since March 2018, Rita has previously worked as a Retail Loan Closer at PennyMac, where responsibilities included drafting closing loan documents and ensuring compliance with TRID regulations. Rita also has experience as a Real Estate Closer at California Credit Union and as a Loan Doc Drawer at Green Tree Servicing, where key duties involved managing customer relationships and preparing closing documents. Rita holds a Bachelor's degree in Criminal Justice/Law Enforcement Administration from the University of Phoenix, earned between 2007 and 2011.
Preferred Bank
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Preferred Bank is a commercial bank. The Bank provides deposit services, as well as real estate finance, commercial loans and trade finance to small and mid-sized businesses and their owners, entrepreneurs, real estate developers and investors, professionals and high net worth individuals. The Bank offers various services, such as personal banking, business banking and treasury management. The Bank's loan portfolio includes real estate mortgage loans, real estate construction loans, commercial loans and trade finance. Its real estate mortgage portfolio consists of real estate mini-perm loans, as well as purchased residential mortgages. The Bank offers a range of commercial loan products, including lines of credit for working capital, term loans for capital expenditures and commercial and stand-by letters of credit. Through its branch network, the Bank provides a range of financial services to individuals and companies located primarily in Southern California.