We are hiring an Associate Mortgage Underwriter, Excalibur!

Reporting To: Manager, Residential Underwriting

Full-Time/Part- Time: Full time

Salary Range: $50,000-$65,000

Posting Date: September 15, 2026

Closing Date: September 29, 2026

Hours of Work: 8:30 a.m. – 5:00 p.m.

Grade: 8.7

Office Location: Downtown, 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
Excalibur department - With both the population and employment demographics of Canada changing so significantly, there are people who want to access a mortgage and own a home – but they may fall outside of traditional credit requirements. Alternative lending (Excalibur) offers a mortgage option for those people. The Associate Mortgage Underwriter is responsible for ensuring that all broker conditions are met prior to closing and for all interactions with the Broker to cooperatively satisfy all conditions within a mortgage commitment.

How you will contribute

Manage files from the time they are committed by the underwriter until all the broker’s conditions are met on the commitment

Contact the broker via fax/email/phone requesting a solicitor for the file and funding conditions sheet outlining the outstanding conditions on the file

Follow up with brokers to request additional information where needed

Provide liaison and support for funding department





Review all documentation sent from the broker to meet conditions found on the commitment

Organize all incoming faxes from broker and solicitor

Verify all employment letters verbally and satisfy income verification and satisfy down payment verification

Review and satisfy signed commitment, statement of mortgage and mortgage application

Review and audit all files prior to advancing

Update information and make corrections where needed to ensure that it is 100% complete and accurate

Respond to all broker queries and requests and return calls and emails in a timely manner

Specialize in bridges and transfer mortgages

Complete special projects as assigned by Team Leader/Manager, Residential Underwriting

The experience you need

Post-secondary education and/or equivalent work experience required

One year of mortgage experience preferred

Competency in MS Office; capacity to learn new technologies/systems

Working Environment and Physical Demands Analysis

Office environment

Periods of high volume with tight timelines

Long periods of stationary position/sitting

Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)

Long periods of time in viewing a computer screen





Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.

Why join First National?

Competitive Compensation

Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)

Extensive training programs to set our employees up for success

Modern office environment conducive to collaboration

Supportive teamwork culture

Opportunities to give back to the communities and work through events focused on a variety of charities

Ongoing social events throughout the year

The team you’ll join
Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.

First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.

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

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 and any other category protected by law.

First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at [email protected] should you need an accommodation at any point in the recruitment process.

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📌 Associate Mortgage Underwriter-Excalibur (Ontario)
🏢 First National Financial
📍 Ontario