Experienced Mortgage Underwriter- Salaried

Mortio; Markham; On-site; CAD 60,000 - 80,000; Full time

Job summary

A leading financial services firm in Markham is seeking an Experienced Mortgage Underwriter to help clients navigate the mortgage process. Responsibilities include assessing client financial needs, providing mortgage product advice, and ensuring compliance with lending guidelines. Ideal candidates possess a Mortgage Agent license for Ontario and relevant experience. Join the team to leverage your skills in a supportive, growth-oriented environment with competitive compensation and opportunities for advancement.

Benefits

Competitive compensation

Ongoing training and professional development opportunities

Flexible work environment

Opportunities for career advancement

Qualifications

• Mortgage Agent license for Ontario is required.
• Previous experience in mortgage brokering or real estate sales is an asset.

Responsibilities

• Review Loan Applications to ensure all necessary documents are submitted.
• Assess the borrower's creditworthiness by analyzing their credit report.
• Verify the applicant's financial information through various means.
• Suggest loan terms based on assessed risk level.
• Ensure compliance with regulatory requirements and lending guidelines.
• Meet with clients to understand their mortgage needs.
• Provide personalized mortgage advice based on various factors.
• Assist clients with completing mortgage applications.
• Stay updated on mortgage trends and market changes.
• Build strong relationships with lenders to secure competitive mortgage terms.
• Advise clients on the pre-approval process.
• Ensure all necessary paperwork is accurately completed.
• Provide ongoing support to clients throughout the mortgage process.

Skills

Excellent communication and interpersonal skills

Strong problem-solving abilities and attention to detail

Knowledge of mortgage products, interest rates, and lending policies

Ability to work independently and as part of a team

Strong organizational and time-management skills

Familiarity with mortgage software and industry tools

Education

High school diploma or equivalent

College/University degree preferred

Tools

Filogix

Zoho CRM

Job description

Job Title: Experienced Mortgage Underwriter

Location: Mortio Financial Corp, Markham, Ontario

At Mortio Financial Corp, we understand that our success is a reflection of the amazing people who make up our team. We're a forward-thinking, innovative company focused on delivering exceptional service and results. Our culture is built on collaboration, integrity, and a shared commitment to exceeding client expectations.

Whether you're just getting started or you're an experienced professional looking for a fresh challenge, Mortio is the place to build your career. We provide the support, resources, and freedom to help you grow into the mortgage professional you've always wanted to be.

Job Summary

As a Mortgage Underwriter, you will be responsible for helping clients navigate the mortgage process. This includes assessing their financial needs, providing advice on suitable mortgage products, and facilitating the application process from start to finish. You will work closely with various lenders and financial institutions to ensure that clients secure the best mortgage solutions. As mortgage processing analyst you will evaluate and assess the risk of lending money to a borrower for a home loan.

Key Responsibilities

• Reviewing Loan Applications: Review the borrower's application and ensure all necessary documents are submitted (e.g., proof of income, credit score, assets, debts)
• Analyzing Credit Risk: Assess the borrower's creditworthiness, reviewing their credit report, history, and score to determine the likelihood they will repay the loan
• Verifying Information: They verify the applicant's financial information by contacting employers, reviewing bank statements, and ensuring no discrepancies in the provided details
• Determining Loan Terms: Based on the risk level, the underwriter may suggest certain terms or conditions for the loan, such as the interest rate, down payment, or loan amount
• Compliance: Ensuring that the loan adheres to regulatory requirements and lending guidelines, including federal and state laws
• Client Consultation: Meet with clients to understand their mortgage needs, financial goals, and eligibility
• Mortgage Advice: Provide personalized mortgage advice, including information on loan types, interest rates, terms, and repayment options
• Loan Application Support: Assist clients with completing mortgage applications, gathering required documentation, and submitting to lenders for approval
• Market Research: Stay up to date with the latest mortgage trends, interest rates, and policies. Keep clients informed of market changes
• Lender Relationships: Build and maintain strong relationships with lenders and financial institutions to secure competitive mortgage terms for clients
• Pre-Approval Process: Help clients understand the pre-approval process, advising on necessary credit scores and financial documentation
• Documentation: Ensure all necessary paperwork is completed accurately and efficiently, including mortgage applications, contracts, and other required documents
• Customer Service: Provide ongoing support to clients throughout the mortgage process and after the transaction is complete
• Compliance: Ensure compliance with all regulatory requirements and industry standards

Qualifications

• Education: High school diploma or equivalent (College/University degree preferred)
• License/Certification: Mortgage Agent license for Ontario is required.
• Experience: Previous experience in mortgage brokering or real estate sales is an asset

Skills

• Excellent communication and interpersonal skills
• Strong problem-solving abilities and attention to detail
• Knowledge of mortgage products, interest rates, and lending policies
• Ability to work independently and as part of a team
• Strong organizational and time-management skills
• Technical Proficiency: Familiarity with mortgage software and industry tools (e.g., Filogix, Zoho CRM, etc.)

Key Attributes

• Client-focused and solution-oriented mindset
• Trustworthy and ethical with a high level of integrity
• Proactive in client follow-up and business development
• Self-motivated and driven to achieve sales targets

Benefits

• Competitive compensation
• Ongoing training and professional development opportunities
• Flexible work environment
• Opportunities for career advancement within the brokerage.

Ready to Join Our Team?

If you are prepared to realize your potential and assist clients in achieving their homeownership goals, we invite you to contact us.

Join Mortio Financial Corp and elevate your career.