Mortgage Underwriter

About This Role

Making sound recommendations and decisions within delegated authority, the Mortgage Underwriter reviews and analyzes mortgage applications, supporting documentation, and broker submissions to determine creditworthiness and alignment with company lending guidelines. This role assesses income, assets, liabilities, property details, and risk factors, and works in a hybrid environment based in North York, ON, with flexibility to work from home part of the time.

Responsibilities

• Review and analyze mortgage applications, supporting documentation, and broker submissions
• Determine creditworthiness and alignment with company lending guidelines
• Assess income, assets, liabilities, property details, and risk factors
• Make sound recommendations and decisions within delegated authority
• Communicate with mortgage brokers to clarify applicant information
• Request additional documentation when needed
• Ensure files are complete, accurate, and compliant with internal policies and regulatory requirements
• Maintain detailed records
• Contribute to continuous improvement of underwriting processes
• Collaborate with internal teams to support high-quality, timely mortgage approvals

Requirements

• Strong knowledge of the mortgage industry and familiarity with alternative lending practices
• Hands-on experience with mortgage underwriting and underwriting processes, including risk assessment and decision-making
• Understanding of residential mortgages and related products, including documentation, income verification, and property evaluation
• Well-developed analytical skills for reviewing financial information, identifying risks, and making balanced, data-informed judgments
• Attention to detail and accuracy in documentation, file management, and compliance with regulatory and company standards
• Effective communication skills for working with mortgage brokers and internal stakeholders in a clear, professional manner
• Ability to work both independently and collaboratively in a hybrid environment, managing multiple files and deadlines
• Previous underwriting experience in a financial institution or alternative lender
• Familiarity with mortgage underwriting systems and productivity tools
• Commitment to ethical lending and responsible borrower outcomes

Nice to have:

• Relevant post-secondary education in finance, business, or a related field

Benefits

• Meaningful impact by helping responsible borrowers access financing solutions
• Performance-based incentives
• Dynamic and entrepreneurial environment that values sound judgment, innovation, and practical deal structuring