Job Overview

Join our dynamic financial services team as a Mortgage Underwriter, where you will play a vital role in assessing and approving mortgage applications to ensure sound lending decisions. Your expertise will help facilitate homeownership opportunities while managing risk effectively. This position offers an energetic environment that values precision, analytical thinking, and proactive decision-making.

As a Mortgage Underwriter, you will evaluate borrower information, analyze financial data, and determine loan eligibility with confidence and clarity.

Duties

- Review mortgage applications thoroughly by collecting and verifying all necessary borrower information, including income, assets, liabilities, and credit history.
- Conduct comprehensive risk analysis to assess the likelihood of loan repayment and identify potential red flags or discrepancies.
- Apply underwriting guidelines and policies consistently to make informed lending decisions that balance customer needs with risk management.
- Negotiate terms with applicants when appropriate, providing clear explanations of conditions or required documentation to facilitate smooth approval processes.
- Collaborate with loan officers and other team members to gather additional data or clarification needed for accurate evaluations.
- Maintain detailed records of all underwriting decisions, supporting documentation, and correspondence for audit purposes.




- Stay updated on industry regulations, compliance standards, and best practices within the financial services sector to ensure adherence.

Skills

- Robust negotiation skills to communicate effectively with applicants and internal teams while balancing risk considerations.
- Proficiency in data collection techniques and the ability to analyze large volumes of financial information accurately.
- Expertise in risk analysis methodologies to evaluate borrower creditworthiness and loan viability comprehensively.
- Solid understanding of financial services industry practices, including mortgage lending regulations and compliance standards.
- Excellent math skills for calculating ratios, debt-to-income levels, and other key financial metrics essential for underwriting decisions.
- Background in accounting principles to interpret financial statements and assess borrower financial health effectively.
- Detail-oriented mindset with exceptional organizational skills to manage multiple applications efficiently under tight deadlines.

This role is ideal for motivated professionals eager to make a meaningful impact in the housing finance industry by ensuring responsible lending while helping individuals achieve their homeownership dreams. Pay: $20.00 per hour

Expected hours: No more than 35.0 per week

Work Location: In person

📌 Mortgage Underwriter (Scarborough)
🏢 Capital Lending Centre_Team
📍 Scarborough