Lead Reverse Mortgage Underwriter

2 weeks ago

Old Toronto, Canada Equitable Group Full time

The Lead Reverse Mortgage Underwriter (Lead Underwriter) is responsible for negotiating, recommending, declining, and in some instances, approving reverse mortgage applications within established guidelines, to be secured by new or existing real estate. This must be done as efficiently as possible while exercising sound lending judgment and without compromising service and profitability. The Lead Reverse Mortgage Underwriter has established relationships with key partners (internal and external) and has demonstrated the ability to process applications significantly above peers (i.e. top 10 percentile). In addition, the Lead Reverse Mortgage Underwriter will take a leadership role with training and mentoring Reverse Mortgage Underwriters within the Growth Business Department.


The Work:
  1. On a daily basis, incumbents must promptly review received mortgage applications along with supporting documentation and negotiate terms with the mortgage broker, decline the applications, recommend the applications for approval and in some instances, approve the applications. Ensure that approved deals close as scheduled and as efficiently as possible by following up on outstanding conditions/documents and ensuring compliance with established guidelines.
  2. On a regular basis, the incumbent will follow up with brokers on issued mortgage commitments to ensure the efficient closing of mortgage files. As required, assist the Management team with reporting, exception requests, file management, and data integrity requirements.
  3. On a daily basis, provide the highest level of internal and external customer service while fielding mortgage broker inquiries and maintaining strong key broker relationships. The incumbent has demonstrated the ability to manage and support high-volume broker partners while continuing to deliver outstanding customer service.
  4. On a daily basis provide underwriting expertise to mortgage brokers, clients and co-workers and maintain an expert level knowledge of company policies, procedures and products. Provide guidance and training and act as the subject matter expert to more junior employees as required.
  5. As required, support the SFR Business Unit with change management projects by participating in focus groups, training programs and testing initiatives. These projects may require evening and/or weekend commitments.
Let's Talk About You:
  1. Sound thinker with the ability to multi-task.
  2. Excellent attention to detail.
  3. Expert knowledge of AML & ATF practices.
  4. Established and meticulous organizational skills.
  5. Excellent time management, analytical and problem-solving skills.
  6. Proven ability to make decisions under pressure.
  7. Proven ability to thrive in a constantly changing environment and to perform well in a high volume, high intensity environment.
  8. Highly developed verbal and written communication skills with the ability to respond in a clear, concise and professional manner.
  9. Displays pride and evidence of providing superb customer service.
  10. 5-7 years mortgage underwriting experience, in the alternative mortgage market, with 2 years+ of reverse mortgage underwriting experience.
  11. Demonstrated ability and willingness to coach and mentor more junior employees.
  12. Establish ability to develop and maintain positive working relationships with brokers.
#J-18808-Ljbffr

  • Reverse Mortgage Underwriting Lead with Expertise in AML and ATF

    2 weeks ago

    Old Toronto, Canada Equitable Group Full time

    Job SummaryWe are seeking an experienced Reverse Mortgage Underwriting Lead to join our team at Equitable Group. This is a high-level underwriting position that requires expertise in Alternative Mortgage Market, specifically in Reverse Mortgages.The Job Description:In this role, you will be responsible for reviewing mortgage applications, negotiating terms...

  • Mortgage Underwriter

    6 months ago

    Toronto, Canada Hosper Mortgage Full time

    **Job Posting: Full-Time Mortgage Underwriter in Toronto, ON.** Hosper Mortgage is a Financial Service company in Toronto, ON. We are multi-awarded for what we do, named top alternative lender in Canada 4 years in a row, and are opening a rewarding position for an applicant whose duties would directly support the ongoing success of our business. This role...

  • Mortgage Underwriter

    6 months ago

    Greater Toronto Area, Canada GA Investment Group Full time

    **Who We Are**: Our company prioritizes client financial education every step of the way, ensuring our clients are well-informed so they can achieve their financial goals. By bridging the gap between traditional mortgages and wealth building, we offer a unique opportunity for clients to maximize their assets. We specialize in providing mortgage solutions...

  • Mortgage Underwriter

    2 weeks ago

    Greater Toronto Area, Canada Marathon Mortgage Corp. Full time

    Voted a 5-Star Mortgage Employer Marathon Mortgage Corp. (MMC) is a growing Canadian mortgage finance company whose success is predicated on its ability to provide competitive mortgage products, mortgage interest rates and reliable service for its borrowers and broker partners. Marathon’s clear aim is to be a formidable presence in the mortgage market by...

  • Mortgage Underwriter

    2 weeks ago

    Greater Toronto Area, Canada Marathon Mortgage Corp. Full time

    Voted a 5-Star Mortgage Employer Marathon Mortgage Corp. (MMC) is a growing Canadian mortgage finance company whose success is predicated on its ability to provide competitive mortgage products, mortgage interest rates and reliable service for its borrowers and broker partners. Marathon’s clear aim is to be a formidable presence in the mortgage market by...

  • Mortgage Underwriter

    5 months ago

    Greater Toronto Area, Canada, Ontario Marathon Mortgage Corp. Full time

    Voted a 5-Star Mortgage Employer Marathon Mortgage Corp. (MMC) is a growing Canadian mortgage finance company whose success is predicated on its ability to provide competitive mortgage products, mortgage interest rates and reliable service for its borrowers and broker partners. Marathon’s clear aim is to be a formidable presence in the mortgage market by...

  • Mortgage Underwriter

    6 months ago

    Toronto, Canada CENTUM Monest Mortgage Inc Full time

    **About Us** With over 20 years of history, Centum Monest Mortgage Inc. is a rapid developing real estate finance group. We are committed to residential, commercial, and private loans. **Job Description**: As a Mortgage Underwriter, you will play a vital role in assisting clients with their mortgage needs. Your responsibilities will include: - Identifying...

  • Residential Mortgage Underwriter

    2 months ago

    Toronto, Canada Marathon Mortgage Corp. Full time

    Voted a 5-Star Mortgage Employer Marathon Mortgage Corp. (MMC) is a growing Canadian mortgage finance company whose success is predicated on its ability to provide competitive mortgage products, mortgage interest rates and reliable service for its borrowers and broker partners. Marathon’s clear aim is to be a formidable presence in the mortgage market by...

  • Mortgage Underwriter Position

    2 weeks ago

    Greater Toronto Area, Canada Marathon Mortgage Corp. Full time

    Job OverviewIn this role at Marathon Mortgage Corp., the Mortgage Underwriter will be responsible for rendering credit decisions on incoming applications from mortgage brokers and clients within their authorized limits and with adherence to company and insurer policies and guidelines while focusing on service excellence.Core ResponsibilitiesDeliver...

  • Reverse Mortgage Treasury Specialist

    4 days ago

    Old Toronto, Canada HomEquity Bank Full time

    About HomeEquity BankHomeEquity Bank is a leading Canadian chartered bank specializing in reverse mortgages, committed to helping homeowners 55 and up live retirement on their terms. Our growing portfolio showcases our dedication to this mission.Job OverviewWe are seeking an experienced Reverse Mortgage Treasury Specialist to join our team. The successful...

  • Digital Product Strategist for Insurance Lending and Reverse Mortgage

    1 week ago

    Toronto, Ontario, Canada EQ Bank | Equitable Bank Full time

    Transform the Future of Canadian Banking with EQ Bank | Equitable BankAbout UsWe're big believers in innovating the banking experience. Our team is made up of agile minds that find smarter ways of doing things. We challenge ourselves and our teams to creatively transform what's possible in banking.We serve more than 670,000 people across Canada through...

  • Mortgage Agent/ Mortgage Broker

    3 weeks ago

    Toronto, Canada Breezeful Mortgage Full time

    **Who are we?** **Nationwide** Breezeful is Canada's tech-enabled mortgage brokerage operating in Ontario, British Columbia, Alberta, New Brunswick, Saskatchewan and Nova Scotia. **We're proudly backed and under Dominion Lending Center (DLC), boasting an impressive mortgage volume exceeding $50B.** **Training** Breezeful Academy, Canada’s #1 brokerage...

  • Mortgage Agent/ Mortgage Broker

    7 days ago

    Toronto, Canada Breezeful Mortgage Full time

    **Who are we?** **Nationwide** Breezeful is Canada's tech-enabled mortgage brokerage operating in Ontario, British Columbia, Alberta, New Brunswick, Saskatchewan and Nova Scotia. **We're proudly backed and under Dominion Lending Center (DLC), boasting an impressive mortgage volume exceeding $50B.** **Training** Breezeful Academy, Canada’s #1 brokerage...

  • Mortgage Agent/ Mortgage Broker

    3 months ago

    Toronto, Canada Breezeful Mortgage Full time

    **Who are we?** **Nationwide** Breezeful is Canada's tech-enabled mortgage brokerage operating in Ontario, British Columbia, Alberta, New Brunswick, Saskatchewan and Nova Scotia. **We're proudly backed and under Dominion Lending Center (DLC), boasting an impressive mortgage volume exceeding $50B.** **Training** Breezeful Academy, Canada’s #1 brokerage...

  • Mortgage Agent/ Mortgage Broker

    23 hours ago

    Toronto, Canada Breezeful Mortgage Full time

    **Who are we?** **Nationwide** Breezeful is Canada's tech-enabled mortgage brokerage operating in Ontario, British Columbia, Alberta, New Brunswick, Saskatchewan and Nova Scotia. **We're proudly backed and under Dominion Lending Center (DLC), boasting an impressive mortgage volume exceeding $50B.** **Training** Breezeful Academy, Canada’s #1 brokerage...

  • Underwriter Team Lead

    3 months ago

    Toronto, Canada HomeEquity Bank Full time

    WHO WE ARE HomeEquity Bank is a Schedule 1 Canadian chartered bank and the leading national provider of reverse mortgages, with a growing portfolio. As the only bank solely dedicated to serving homeowners 55 and up, we’re passionate about helping Canadian homeowners live retirement on their terms. We live that commitment every day, with a range of reverse...

  • Underwriter, Residential Mortgages

    2 weeks ago

    Toronto, Canada Atrium Mortgage Investment Corporation Full time

    Join Atrium Mortgage Investment Corporation (Atrium MIC), one of Canada’s largest nonbank lenders, as we dramatically expand our Single-Family mortgage division. If you are a driven and results-oriented Mortgage Underwriter looking to develop your skills by supporting the growth of a Single-Family mortgage portfolio in providing the highest quality of...

  • Underwriter, Residential Mortgages

    2 weeks ago

    Toronto, Canada Atrium Mortgage Investment Corporation Full time

    Join Atrium Mortgage Investment Corporation (Atrium MIC), one of Canada’s largest nonbank lenders, as we dramatically expand our Single-Family mortgage division. If you are a driven and results-oriented Mortgage Underwriter looking to develop your skills by supporting the growth of a Single-Family mortgage portfolio in providing the highest quality of...

  • Mortgage Underwriter

    6 months ago

    Toronto, Canada Cannect Full time

    Do you believe in great customer service? Do you have a solid understanding of the mortgage industry with the ability to clearly communicate options available to clients? If this sounds like you, we want to work with you at Cannect, Canada’s leading independent mortgage brokerage. We are looking to hire a Mortgage Underwriter for our busy downtown...

  • Mortgage Agent Team Lead

    2 months ago

    Toronto, Ontario, Canada 8Twelve Mortgage Full time

    About 8Twelve Mortgage Power NetworkWe are a fast-growing network of experienced mortgage agents, brokers, and brokerages - the right partner for your business. Our commitment and dedication are providing you with hands-on training, underwriting, coaching, and ongoing support for independent agents in the industry.Our Proprietary TechnologyWe have proudly...