Senior CMHC Mortgage Underwriter

5 days ago


Canada Harbour Mortgage Full time

Responsibilities

- Responsible for underwriting CMHC-insured multi-family real estate mortgages (5+ units) of all applicable asset classes, including: purpose-built rental (5+ units), student housing, supportive/assisted living, and construction.

- Work with origination team and trusted broker sources to pre-screen and qualify new CMHC loan opportunities in an efficient manner.

- Prepare detailed analysis, term sheets, commitment letters and credit applications to CMHC to obtain CMHC approval.

- Ensure strict adherence to CMHC multi-unit guidelines, policies, and regulatory requirements for mortgage origination, underwriting, and servicing.

- Organize and maintain an up-to-date deal sheet.

- Provide support in the funding & closing of CMHC loan transactions.


Qualifications

- Minimum 5+ years relevant experience in CMHC-insured underwriting (multi-family ONLY), with a strong understanding of CMHC multi-unit guidelines and regulations.

- A strong understanding of the CMHC application platform would be ideal.

- Superior written and analytical skills.

- Proficient in Microsoft Excel and Word.

- Strong interpersonal, organizational and time management skills.

- Ability to work independently, as well as within a Team, and under time pressure.

- Ability to communicate effectively with brokers and other third-party referral sources.

- Bilingual (French/English) is an asset.


About Harbour Mortgage

Harbour Mortgage Corp. is a private commercial mortgage lender providing first, second, construction, bridge, and mezzanine commercial mortgages and CMHC-insured mortgages. Harbour has originated and funded over $7 billion in real estate debt transactions in all major markets across Canada. Harbour Mortgage Corp. administers $1.5+ billion in mortgage investments.



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