How much does an Account Executive Undergraduate Intern make at companies like FIRST AMERICAN in the United States? The average salary for Account Executive Undergraduate Intern at companies like FIRST AMERICAN in the United States is $245,221 as of March 26, 2024, but the range typically falls between $199,629 and $290,813. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. View the Cost of Living in Major Cities2
About FIRST AMERICAN
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FirstFunding, Inc. is a subsidiary of First American and operates as a non-depository (non-bank), offering warehouse lending facilities. These facilities help provide necessary funding capability to non-delegated correspondent lenders, correspondent lenders, community banks and credit unions. First Funding services roughly 425 accounts nationwide and growing!
What Is Warehouse Lending?
It is the money a mortgage company borrows to lend to a home buyer for the short period between closing and the sale of the mortgage to the secondary market, usually Freddie and Fannie.
In greater detail, warehouse lending is a short-term, revolving funding facility to a mortgage banking company to fund the closing of home mortgages between the sale closing to sale in the secondary market. The note is used as interim collateral for financing the mortgage until it is sold and delivered to the permanent investor.
Job Overview:
The Account Executive Intern will be responsible for assisting sales and marketing in the management of our existing client base and the acquisition of additional clients. This internship would begin June 1st through August. First American Interns work in a corporate environment within the Financial/Title Industry—balanced with intern-specific activities, executive level presentations and networking opportunities—while under the close supervision and guidance of a manager and/or mentor.
Responsibilities & Duties:
• Sales-Related database review.
• Learn from and assist FirstFunding Account Executives and Sales Management
• Review and processing of applications from prospective customers.
• Participate in trade shows and conventions, trainings and select customer call visits. (If Applicable)
• Other tasks and projects as may be directed by management from time to time.
Qualifications:
Preferred Attributes: Honest – Dedicated – Coachable – Persistent – Professional
Currently a senior in an undergrad program, set to graduate in or around December 2021.
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Includes base and annual incentives
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