We are hiring an Associate Mortgage Underwriter, Excalibur!Reporting To: Manager, Residential UnderwritingFull-Time/Part- Time: Full-timeSalary Range: $50,000-$65,000Posting Date: September 15, 2026Closing Date: September 29, 2026Hours of Work: 8:30 a.M. – 5:00 p.M.Grade: 8.7Office Location: Downtown, TorontoGreat location! Steps away from the main public transit stationWhat 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 employmentThe OpportunityExcalibur 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 contributeManage files from the time they are committed by the underwriter until all the broker's conditions are met on the commitmentContact the broker via fax/email/phone requesting a solicitor for the file and funding conditions sheet outlining the outstanding conditions on the fileFollow up with brokers to request additional information where neededProvide liaison and support for funding departmentReview all documentation sent from the broker to meet conditions found on the commitmentOrganize all incoming faxes from broker and solicitorVerify all employment letters verbally and satisfy income verification and satisfy down payment verificationReview and satisfy signed commitment, statement of mortgage and mortgage applicationReview and audit all files prior to advancingUpdate information and make corrections where needed to ensure that it is 100% complete and accurateRespond to all broker queries and requests and return calls and emails in a timely mannerSpecialize in bridges and transfer mortgagesComplete special projects as assigned by Team Leader/Manager, Residential UnderwritingThe experience you needPost-secondary education and/or equivalent work experience requiredOne year of mortgage experience preferredCompetency in MS Office; capacity to learn new technologies/systemsWorking Environment and Physical Demands AnalysisOffice environmentPeriods of high volume with tight timelinesLong periods of stationary position/sittingProlonged periods of repetitive movement (i.E. using a keyboard and mouse)Long periods of time in viewing a computer screenMulti-tasking may include speaking to customers on a telephone call while looking up information on a computer program.Why join First National?Competitive CompensationComprehensive benefits program (i.E., Health Spending Account,



Maternity and Parental Leave Top Up)Extensive training programs to set our employees up for successModern office environment conducive to collaborationSupportive teamwork cultureOpportunities to give back to the communities and work through events focused on a variety of charitiesOngoing social events throughout the yearThe team you'll joinFounded 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 chance 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.#FNLOON

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