Full-Time Mortgage Underwriter

Kingsdale Mortgage Centre (#13585) is a proud member of the Kingsdale Group, a real estate conglomerate with 20 years of industry experience in real estate brokering, commercial development, and marketing. We’re not just another brokerage; by joining Kingsdale Group, you tap into a legacy of expertise and a network designed for your success, with unique advantages that few others can match. We proudly partner with 70+ mainstream lenders and over 50+ MICs & Private Lenders, ensuring you secure the ideal funding solutions for your clients, especially in commercial real estate.

At Kingsdale, we’re reimagining what it means to work for a brokerage. We understand that your success is our success, which is why we’ve built a model that truly benefits agents.

Responsibilities:

1. Application Intake & Deal Quoting: Accurately assess incoming mortgage applications and provide timely and competitive deal quotes.
2. Collaboration with Fulfillment Officers: Work closely with fulfillment officers to collect outstanding documents and satisfy any conditions as per the mortgage commitment.
3. Process Coordination: Follow up with all parties involved in the mortgage process to ensure 100% coordination and a smooth transaction from start to finish.
4. Loan-to-Value (LTV) Analysis: Perform thorough loan-to-value analysis to assess risk and compliance with underwriting guidelines.
5. GDS/TDS Cash Flow Review: Review Gross Debt Service (GDS) and Total Debt Service (TDS) ratios and analyze borrower cash flow to ensure financial stability.
6. Review of Agreements and Appraisals: Review Purchase & Sale Agreements, order appraisals, and thoroughly review appraisal reports to assess property value and risk.
7. Document Collection & Verification: Collect and verify mortgage applications, credit reports, income documents (e.g., T4, T1, NOAs) for accuracy and completeness.
8. Income Document Familiarity: Ensure a thorough understanding of key income documents, including T4s, T1s, and Notices of Assessment (NOAs), to evaluate borrower eligibility.
9. Client and Stakeholder Relations: Maintain positive relationships with clients, lenders, third-party vendors, and other stakeholders throughout the underwriting process.
10. Networking & Representation: Represent Kingsdale Mortgage at industry conferences, conventions, and other networking events to strengthen relationships and enhance brand presence.

Qualifications:

1. Proven experience in mortgage underwriting, with a strong understanding of residential lending.
2. Mortgage Agent license is required for this position. If you do not currently hold a license but are willing to obtain it within a short timeframe, we encourage you to apply.
3. Excellent communication and negotiation skills, with the ability to build rapport and trust quickly.
4. Self-motivated and results-driven, with a passion for deal origination and a commitment to client satisfaction.
5. Ability to thrive in a fast-paced, commission-driven environment, with a proactive approach to closing deals.
6. Full-time, onsite availability is required for this role.

Additional pay:

• Commission pay

Benefits:

• Company events
• Flexible schedule
• Work from home

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Job Type: Full-time

Pay: From $20.03 per hour

Expected hours: 40 per week

Additional pay:

• Bonus pay
• Commission pay

Benefits:

• Company events
• On-site parking

Flexible language requirement:

• French not required

Work Location: In person

Expected start date: 2025-01-01