Union Bank, N.A. today announced that Martha Solis has joined its Consumer Lending team as a community loan officer based in Oxnard. Solis is responsible for introducing customers to Union Bank’s Economic Opportunity Mortgage (EOM) product to meet the lending needs of low- to moderate-income and multicultural communities. The EOM is designed for individuals with low- to moderate-income households or who are purchasing or refinancing a property in a qualifying census area.1 Solis reports to Vice President and Regional Sales Manager Michael McCormick.
“We are pleased to have a seasoned veteran like Martha join our Consumer Lending team to enable us to better meet the needs of our clients who are seeking a home loan in Oxnard,” said McCormick. “With Martha’s client focus and extensive experience, we are confident that we will continue to expand our business while serving new and existing clients in the diverse communities of Oxnard, Port Hueneme, and Moorpark.”
Solis brings 39 years of experience to the position. She most recently served as a vice president and senior mortgage officer for Bank of America. Prior to that, Solis served as a branch manager. Active in the community, Solis is a member of Relay for Life and volunteers in her local parish. She holds an associate’s degree in business administration from Oxnard College.
Union Bank’s Consumer Lending group originates the bank’s loans to consumers, which includes flexible residential mortgage options to answer a variety of financing needs.
About UnionBanCal Corporation & Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $97 billion at March 31, 2013. Its primary subsidiary, Union Bank, N.A., is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 443 branches in California, Washington, Oregon, Texas, Illinois, and New York as well as two international offices, on March 31, 2013. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world's largest financial organizations. Visit www.unionbank.com for more information.
About Union Bank’s Economic Opportunity Mortgage (EOM)
An Economic Opportunity Mortgage (EOM) from Union Bank can help make purchasing or refinancing a home, condominium, or 1- 4 unit property more affordable. It’s designed for individuals with low- to moderate-income households, or who are purchasing or refinancing a property in a qualifying census area.1 EOM features include: paying less money upfront; obtaining more affordable payments; having limited or no credit history considered; and choosing fixed-interest loan term. For more information contact a local Union Bank mortgage consultant or visit www.unionbank.com/EOM. 1Program available for owner occupied 1-4 unit properties. All loan programs are fully amortized. Full documentation required. Loans subject to credit and collateral approval. Financing available for collateral located in CA, OR, or WA. Restrictions may apply. Terms and conditions subject to change.