Senior Mortgage Underwriter

3 days ago


Oakville ON LM G, Canada Northwood Mortgage Full time

Date posted: May 24, 2025

Pay: CA$39,000.00 per year

Job description:

Are you looking to join a fast paced and high volume team of closers for one of Ontario's largest brokerages? Are you someone with underwriting experience who doesn't want a limit on how much money they can make? LOOK NO FURTHER We're hiring motivated Mortgage Underwriters to join our mortgage team of closers.

WHO WE ARE:

Northwood Mortgage (LIC#10349) has built a name within the industry over the past three decades becoming one of the most well known brokerages within the province and helping Canadians meet their financing goals since 1990. At Northwood Mortgage we take a different approach towards our mortgage underwriter hiring. We provide all the necessary tools and advice for growth and success. This includes full support so that our agents can focus on helping our clients meet their financial goals and funding deals in the most efficient way possible.

At Northwood Mortgage, we're dedicated to creating a positive environment where our team and family have growth and development opportunities combined with a support system to help you succeed. Your success is our success and we are looking for individuals who have proven experience and the drive to work hard and close deals.

Our proven media strategy has positioned our team as trusted mortgage advisers. With over three decades of Advertisements on CP24, Global TV, and a continuing radio jingle campaign on most major stations in the GTA, we have built a name for ourselves and "working hard for you" is what we do Look us up on Google

WHO YOU ARE:

  • An entrepreneurial mortgage professional who thrives in exceeding goals.
  • You value trust, integrity, and accountability as essential pillars of success.
  • Building and nurturing relationships with clients, colleagues, and communities is your forte.
  • Someone experienced in underwriting who is looking for a permanent part time position with base pay plus commission for each file.

Duties and Responsibilities include:

  • Application intake/deal quoting
  • Work with fulfillment officers to collect outstanding documents to satisfy conditions as per the commitment
  • Following up with all parties and aspects of the process to ensure 100% coordination
  • Loan-to-value analysis
  • GDS/TDS cash flow review
  • Review of Purchase & Sale Agreements, order Appraisals, and ability to review Appraisal report in detail
  • Collect and verify Mortgage applications, credit reports, income documents for completeness and accuracy
  • Familiarity with Income Documents (T4, T1, NOAs...)
  • Represent the Company at conferences, conventions, and other networking events
  • Maintain positive relationships with clients, lenders, and 3rd party contacts

Job Type: Full-time

Pay: $39,000 guaranteed part time hourly plus commission for each file total compensation can easily be over $100,000.00+

Schedule:

  • Tuesday to Friday

Experience:

  • underwriting: 1 year (preferred)

Licence/Certification:

  • FSRA license (preferred)

Work Location: Hybrid, 3 days in office per week.

Job Types: Part-time, Permanent

Additional pay:

  • Commission pay

Flexible language requirement:

  • French not required

Job Types: Part-time, Fixed term contract

Contract length: 12 months

Pay: $39,000.00-$150,781.48 per year

Expected hours: 25 per week

Work Location: Hybrid remote in Oakville, ON L6M 2G2



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