Mortgage Underwriter
2 weeks ago
**Overview**:
**Key Responsibilities**:
- **Risk Assessment**: Assess the creditworthiness and risk of potential borrowers.
- **Documentation Verification**: Verify all documentation provided by the borrower for accuracy and completeness.
- **Ratio Calculations**: Calculate debt-to-income ratios and loan-to-value ratios.
- **Collaboration**: Collaborate with loan officers, processors, and other relevant parties to ensure timely processing of loans.
- **Performance Tracking**: Maintain a successful closing rate by managing and prioritizing deals efficiently.
**Skills**:
- **Financial Analysis**: Proficient in financial analysis and risk assessment.
- **Negotiation**: Strong negotiation skills to determine suitable loan terms.
- **Mathematical Abilities**: Excellent mathematical abilities for accurate calculations.
- **Industry Knowledge**: Knowledge of mortgage industry regulations and guidelines.
- **Data Analysis**: Ability to collect, analyze, and interpret complex financial data.
- **Detail-Oriented**: Detail-oriented with a focus on accuracy and accountability.
**Qualifications**:
- **Experience**: A minimum of 5+ years of experience in mortgage underwriting.
- **Proven Track Record**: Demonstrated success in closing deals and managing a high-volume pipeline.
- **Knowledge**: Strong understanding of the Ontario and British Columbia mortgage markets, including regulatory requirements.
Pay: $100,000.00-$150,000.00 per year
Additional pay:
- Bonus pay
- Commission pay
**Benefits**:
- Company events
- Dental care
**Experience**:
- underwriting: 5 years (preferred)
Work Location: In person
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