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Fnma Jobs in California (NOW HIRING)

AVP Real Estate

Redwood City, CA ยท On-site

$155K - $202K/yr

Oversee real estate loan origination, processing, underwriting, closing and fundings of all mortgages within the company including 1st mortgage portfolio and FNMA/FNMA, 2nd mortgage fixed and home ...

Sr. Underwriter

San Diego, CA ยท Remote

$40.86 - $50.48/hr

Knowledge of FNMA and FMLMC documentation and general guidelines/standards. * Validate loan application and supporting documentation and verify that the system of record reflects correct information.

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Fnma information

See California salary details

$13

$25

$35

How much do fnma jobs pay per hour?

As of Aug 26, 2026, the average hourly pay for fnma in California is $25.15, according to ZipRecruiter salary data. Most workers in this role earn between $20.38 and $28.70 per hour, depending on experience, location, and employer.

What is FNMA?

FNMA stands for the Federal National Mortgage Association, commonly known as Fannie Mae. It is a government-sponsored enterprise (GSE) that plays a critical role in the U.S. housing finance system by purchasing and guaranteeing mortgages from lenders, thereby providing them with liquidity to issue more loans. Fannie Mae does not lend money directly to homebuyers but helps ensure that mortgage funds are widely available and affordable. It also sets standards for the loans it will buy, which influences lending practices across the country.

What are some common challenges faced by professionals working at Fannie Mae, and how can new hires best prepare for them?

Professionals at Fannie Mae often navigate complex regulatory requirements and rapidly changing market conditions in the mortgage finance industry. New hires may find it challenging to keep up with evolving compliance standards and the need for cross-functional collaboration among legal, risk, and technology teams. To prepare, prospective employees should familiarize themselves with housing finance policies, develop strong analytical and communication skills, and stay adaptable to shifting priorities. Engaging in ongoing professional development and seeking mentorship can also help new hires successfully integrate and advance within the organization.

What are the key skills and qualifications needed to thrive as a Fannie Mae analyst, and why are they important?

To thrive as a Fannie Mae (FNMA) Analyst, you need strong analytical skills, a background in finance or economics, and typically a relevant bachelor's degree. Familiarity with financial modeling tools, data analysis software such as Excel or SAS, and knowledge of mortgage-backed securities are essential. Strong attention to detail, effective communication, and the ability to work collaboratively are key soft skills in this role. These competencies are crucial for accurately assessing risk, supporting sound investment decisions, and contributing to the stability of the housing finance market.

What is the difference between Fnma vs Mortgage Underwriter?

AspectFnmaMortgage Underwriter
CredentialsTypically requires mortgage industry knowledge, possibly licensingRequires mortgage licensing (e.g., MLO license), underwriting certifications
Work EnvironmentFinancial institutions, mortgage companies, government agenciesMortgage lenders, banks, credit unions
Industry UsageUsed in government-sponsored enterprises and related rolesCommonly employed in mortgage loan approval process
Comparison FocusFannie Mae (Fnma) guidelines and standardsLoan evaluation and risk assessment

Fnma (Fannie Mae) is a government-sponsored enterprise that sets guidelines for mortgage loans, while a Mortgage Underwriter evaluates individual loan applications to determine approval based on those guidelines. Both roles are integral to the mortgage industry, with Fnma providing standards and Mortgage Underwriters applying them during loan processing.

Infographic showing various Fnma job openings in California as of August 2026, with employment types broken down into 98% Full Time, and 2% Part Time. Highlights an 83% Physical, 3% Hybrid, and 14% Remote job distribution, with an average salary of $52,315 per year, or $25.2 per hour.

Real Estate Servicing Specialist - Chatsworth

Premier America Credit Union

Chatsworth, CA โ€ข On-site

$24 - $29/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 6 days ago


Job description

Description:

Job Title:  Real Estate Loan Servicing Specialist - Chatsworth


Overview: 

The  Real Estate Loan Servicing Specialist position is responsible for performing general servicing and accounting functions on all residential real estate loans including loans sold to investors. 


This role is responsible for:

  • Member service activities such payoffs, reconveyances, perfection of title (trailing docs), subordinations, delinquent property taxes, servicing of participation loans, payments, trailing docs and returned items. 
  • Interface with investors such as FNMA, BNY Mellon, Escrow and Title companies as needed; including any subservicing company, and/or the Accounting department to resolve any and all outstanding issues.

What You Will Do: 

  • Responsible for processing reconveyance on paid off loans.
  • Responsible for processing Participation and Remittance reports for RE Loan Pools.
  • Process draw stops on HELOCs.
  • Assume responsibility for performing general servicing and accounting functions on all residential real estate loans including loans sold to investors.
  • Assist in processing of the monthly Rate and Payment Changes, Balloon Loan notes reports both base loans.
  • Process/review required File Maintenance On Base, Episys and FICS reports and immediately communicate any findings (discrepancies) to appropriate teams for resolution.
  • Responsible for processing the bi-monthly SNC (State National) Mortgage Insurance reports timely member follow-up and in obtaining proper proof of insurance to cure insurance impairments.
  • Responsible for completing research on incoming member dispute or complaints, as well as incoming subpoena requests for documents.
  • Monthly, order notes from BNY Mellon and DMI on paid off loan/ payoff loan requests and prepare/process required reconveyance.
  • Monitor timely receipt of all trailing docs and ensuring that these documents are uploaded to loan origination system.
  • Responsible for processing incoming payoffs
  • Responsible for processing Unapplied/Undisbursed reports
  • Prepare required weekly reports and submit reports to Management within the designated timeframe.
  • Assumes responsibility for the effective performance of the Real Estate Department.
  • Assist Collections department in Processing of Real Estate Loan Modifications.
  • Assist in processing of all incoming Demand and Payoff requests.
  • Assist in processing all incoming Subordination requests for PACU.
  • Assist with loan delivery to FNMA as needed.
  • Assist in quarterly validation of parties (title and escrow companies).
  • Assist in reconciling department general ledgers.
  • Assist in processing yearly IRS 1098 reports.
  • Serve as back up in the processing of purchase advises from FNMA as loans are purchased.
  • Assumes responsibility for establishing and maintaining effective communication and coordination with Premier America Team Members.
  • Responsible for processing Successor In Interest requests.
  • Assist in processing and payment of the Department monthly invoices.
  • Responsible for processing of the HELOC maturity letters.
  • Update FNMA P&I Remittance reports and send daily drafts to FNMA.
  • Responsible for processing and balancing of Daily Payment file and FNMA LARs.


Requirements:

What We Are Looking For: 

  • A minimum of two (2) years of similar or related experience. 
  • A high school degree or equivalent
  • Thorough knowledge of Mortgage Loan Origination system, Fannie Mae system and regulations, and CORE System. 
  • Ability to use a personal computer and related software applications including Microsoft Word and Excel. 
  • Knowledge of Mortgage Loan Processing, Basic Accounting, regulations, credit union products, operations, practices, and procedures.
  • Excellent communication skills. 
  • Strong organizational skills. 
  • Strong Interpersonal skills. 
  • Ability to work well under pressure.

Pay Grade Info: 

The base pay range for this position is:  $24-$29/hour.


Perks Important to You:

Our Team Members enjoy the following rewards and benefits:

  • Competitive pay
  • Subsidized health care including medical, dental and vision
  • FSA and HSA
  • Company-Paid Life and A&D insurance
  • Discounts on loans (must be a member)
  • Paid Vacation, Holiday, and Sick time
  • 401k Retirement Saving Plan with a 6% safe harbor employer match
  • Educational Assistance Program and more!


Equal Opportunity Employer – Veterans / Disabled

Drug-free Workplace