Mortgage Underwriter

Kingsdale Mortgage Centre (#13585) is a proud member of the Kingsdale Group, a real estate conglomerate with 20 years of industry experience in real estate brokering, commercial development, and marketing. We’re not just another brokerage; by joining Kingsdale Group, you tap into a legacy of expertise and a network designed for your success, with unique advantages that few others can match. We proudly partner with 70+ mainstream lenders and over 50+ MICs & Private Lenders, ensuring you secure the ideal funding solutions for your clients, especially in commercial real estate.

At Kingsdale, we’re reimagining what it means to work for a brokerage. We understand that your success is our success, which is why we’ve built a model that truly benefits agents.

**Responsibilities**:

- **Collaboration with Fulfillment Officers**: Work closely with fulfillment officers to collect outstanding documents and satisfy any conditions as per the mortgage commitment.
- **Process Coordination**: Follow up with all parties involved in the mortgage process to ensure 100% coordination and a smooth transaction from start to finish.
- **Loan-to-Value (LTV) Analysis**: Perform thorough loan-to-value analysis to assess risk and compliance with underwriting guidelines.
- **GDS/TDS Cash Flow Review**: Review Gross Debt Service (GDS) and Total Debt Service (TDS) ratios and analyze borrower cash flow to ensure financial stability.
- **Review of Agreements and Appraisals**: Review Purchase & Sale Agreements, order appraisals, and thoroughly review appraisal reports to assess property value and risk.
- **Income Document Familiarity**: Ensure a thorough understanding of key income documents, including T4s, T1s, and Notices of Assessment (NOAs), to evaluate borrower eligibility.
- **Client and Stakeholder Relations**: Maintain positive relationships with clients, lenders, third-party vendors, and other stakeholders throughout the underwriting process.
- **Networking & Representation**: Represent Kingsdale Mortgage at industry conferences, conventions, and other networking events to strengthen relationships and enhance brand presence.

**Qualifications**:

- Proven experience in **mortgage underwriting**, with a strong understanding of residential lending.
- **Mortgage Agent license** is required for this position. If you do not currently hold a license but are willing to obtain it within a short timeframe, we encourage you to apply.
- Excellent communication and negotiation skills, with the ability to build rapport and trust quickly.
- Self-motivated and results-driven, with a passion for deal origination and a commitment to client satisfaction.
- Ability to thrive in a fast-paced, commission-driven environment, with a proactive approach to closing deals.
- **Full-time, onsite availability** is required for this role.

Additional pay:

- Commission pay

**Benefits**:

- Company events
- Flexible schedule
- Work from home

Schedule:

- 8 hour shift
- Day shift
- Monday to Friday

**Job Type**: Part-time

Pay: From $20.03 per hour

Expected hours: No more than 40 per week

Additional pay:

- Bonus pay
- Commission pay

**Benefits**:

- Company events
- On-site parking

Flexible language requirement:

- French not required

Schedule:

- 8 hour shift
- Monday to Friday

Application question(s):

- Do you have mortgage agent certificate?

**Experience**:

- underwriting: 1 year (required)

Work Location: Hybrid remote in Richmond Hill, ON L4B 1L2