Associate Mortgage Underwriter - Toronto, Canada - First National Financial

First National Financial

Verified Company

Toronto, Canada

1 week ago

Posted by:

Sophia Lee

beBee Recruiter

Description

We are hiring an Associate Mortgage Underwriter (Excalibur)

Reporting To:
Manager, Residential Underwriting

**Full-Time/Part

Time**: Fulltime

Posting Date:
March 12, 2024

Closing Date:
March 26, 2024

Hours of Work: 8:30 a.m. - 5:00 p.m.

Grade: 8.7

Office Location:
Toronto Great location Steps away from the main public transit station

What we offer:

Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities

Eligibility for benefits is dependent on the terms of employment

Overview:

Excalibur department - With both the population and employment demographics of Canada changing so significantly, there are people who want to access a mortgage and own a home - but they may fall outside of traditional credit requirements.

Alternative lending (Excalibur) offers a mortgage option for those people.

The Fulfillment Specialist is responsible for ensuring that all broker conditions are met prior to closing and for all interactions with the Broker to cooperatively satisfy all conditions within a mortgage commitment.

Primary Duties and Responsibilities:

Manage files from the time they are committed by the underwriter until all of the broker's conditions are met on the commitment
Follow up with brokers to request additional information where needed
Provide liaison and support for funding department
Review all documentation sent from the broker to meet conditions found on the commitment
Organize all incoming faxes from broker and solicitor
Verify all employment letters verbally and satisfy income verification and satisfy down payment verification
Review and audit all files prior to advancing
Update information and make corrections where needed to ensure that it is 100% complete and accurate
Specialize in bridges and transfer mortgages
Complete special projects as assigned by Team Leader/Manager, Residential Underwriting

The Requirements Needed:

Postsecondary education and/or equivalent work experience required
One year of mortgage experience preferred
Competency in MS Office; capacity to learn new technologies/systems

The team you will join:

Founded in 1988, First National is one of Canada's largest non-bank lenders.

We provide residential mortgages exclusively through our mortgage broker channel and service commercial clients through our national origination team of empowered advisors.

At First National, It's in our Nature is our rallying cry.

It underlies our values, beliefs, and how we show up for each other, our clients, our partners and the community.

Our nature defines who we are and guides every decision we make.

First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation or any other category protected by law.

FNLOON