Mortgage Underwriter, Residential Underwriting

First National Financial LP; Toronto; On-site; CAD 85,000 - 95,000; Full time

Job summary

A leading company in the mortgage industry is seeking a Mortgage Underwriter to join their Residential Underwriting team in Toronto. The successful candidate will be responsible for adjudicating mortgage applications, maintaining broker relationships, and ensuring compliance with company policies. This full-time position offers a competitive salary and benefits, with opportunities for career advancement.

Benefits

Highly competitive compensation package

Career advancement opportunities

Eligibility for benefits

Qualifications

• Minimum 2 years previous mortgage underwriting experience required.
• Ability to manage pressure in high volume processing.
• Completed post-secondary education or equivalent work experience required.

Responsibilities

• Adjudicates mortgage applications within established authority limits.
• Establishes and maintains positive relationships with mortgage brokers.
• Ensures due diligence has been completed prior to signing off on any mortgage conditions.

Skills

Strong communication skills

Strong analytical skills

Attention to detail

Organizational skills

Problem solving skills

Education

Post-secondary education

Tools

Microsoft Office

Job description

Mortgage Underwriter, Residential Underwriting

Join to apply for the Mortgage Underwriter, Residential Underwriting role at First National Financial LP

Mortgage Underwriter, Residential Underwriting

1 day ago Be among the first 25 applicants

Join to apply for the Mortgage Underwriter, Residential Underwriting role at First National Financial LP

We are hiring a Mortgage Underwriter, Residential Underwriting!

Reporting To

Manager, Residential Underwriting

Full-Time/Part- Time

Full-time

Posting Date

May 20, 2025

Closing Date

May 30, 2025

Hours Of Work

8:30 a.m. – 5:00 p.m.

Grade

Office Location:

12.7

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
  
  

The Opportunity

Reporting to the Manager, Residential Underwriting, the Residential Mortgage Underwriter is responsible for rendering credit decisions on incoming applications within their authorized limits and with adherence to company and insurer policies and guidelines while focusing on service excellence. The Mortgage Underwriter has responsibility for applying due diligence when reviewing required documentation to ensure accuracy and to protect the Company from risk. Manage files from the time they are committed by the underwriter until all of the broker’s conditions are met on the commitment.

• Adjudicates mortgage applications within established authority limits while ensuring adherence to policies and guidelines
• Establishes and maintains positive relationships with mortgage brokers to build loyalty to the Company
• Maintains positive relationships with external partners such as mortgage insurers, appraisers, title insurance companies, and solicitors
• Interacts with Mortgage Insurers where applicable to complete credit lending decisions
• Ensures due diligence has been completed prior to signing off on any mortgage conditions or documents, where applicable
• Prepares and issues mortgage commitments with appropriate conditions within established service level agreements/turnaround times
• Prioritizes applications and workflow to ensure consistent and sound risk assessments are maintained while managing high volumes and a continued focus on service excellence
• Stays current with latest industry knowledge, competition, and market trends
• Special projects assigned by management
• Adhere to policies/procedures to ensure AML requirements are met, when applicable
  
  

Skills And Attributes

• Ability to build and maintain positive relationships
• Strong aptitude for service excellence
• Strong communication skills—both written and verbal
• Ability to manage and resolve conflict
• Strong analytical skills
• Attention to detail
• Organizational and time management skills
• Positive team player with desire and ability to mentor others
• Effective problem solving and decision making skills
• Fully competent in working with basic PC software and working knowledge of the suite of Microsoft office products
• Ability to manage pressure in an environment of high volume processing with tight turnaround times
  
  

The Requirements Needed

• Completed post-secondary education or equivalent work experience required
• Minimum 2 years previous mortgage underwriting experience required
• Working knowledge of PC software in a Windows environment required
  
  

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.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at [email protected] .

We would like to thank all applications for their interest, but only candidates selected for an interview will be contacted.

#FNLOON

Apply Now

Seniority level

• Seniority level

  Entry level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

Referrals increase your chances of interviewing at First National Financial LP by 2x

Get notified about new Mortgage Underwriter jobs in Toronto, Ontario, Canada.

Oakville, Ontario, Canada CA$85,000.00-CA$95,000.00 19 hours ago

Mortgage Underwriter, Broker Relationship Manager

Greater Toronto Area, Canada 4 months ago

Toronto, Ontario, Canada $30.00-$50.00 2 weeks ago

Senior Underwriter or Underwriter, Construction

Intermediate/Senior Commercial Insurance Underwriter

Senior Commercial Underwriting Manager, CFG

Senior Property and Casualty Underwriter

Greater Toronto Area, Canada 4 months ago

Regional Director, Commercial Originations, Commercial Finance Group (CFG)

Senior Underwriter - Casualty, General Liability

Senior Underwriter, Technical Risk (Large and Complex Accounts)

Associate Director, Commercial Mortgages

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.