Underwriter - Construction Loans
2 months ago
The successful candidate will be responsible for the following:
- Work closely with the President and CEO in the preparation of loan documentation packages to be submitted to third party lending institutions for approval on project financing
- Advise internal leadership on the best course of action and approach to maximize the potential for desired loans and project financing to be awarded
- Work with third party lenders / underwriters to liaise on all required documentation, correspondence and collaboration regarding the loan application submission and approval processes
- Work collaboratively with the internal finance and accounting, real estate development, and construction teams to ensure accurate and timely collection and provision of required information and materials to third party lenders
- All other related duties as required
MPI does not discriminate on the basis of race, religion, sex, sexual orientation, gender identity or expression, age, disability, marital status, or based on an individual's status in any group or class otherwise protected under applicable human rights legislation. MPI encourages applications from minorities, women, the disabled and all other qualified applicants
The successful candidate will possess the following:
- 5-10 years of experience working in a commercial brokerage or lending institution in a dedicated loan underwriting position, with direct experience underwriting construction loans for residential building developers
- Direct experience in residential construction underwriting and draw financing
- Strong leadership skills and initiative
- Work well in a fast-paced environment with the ability to multi-task.
- Strong analytical skills and attention to detail.
- Exceptional problem-solving skills.
- High level of proficiency in Microsoft Office Suite products, such as Word, Excel and Outlook.
- Strong verbal and written business communication skills.
- The ability to work independently to prioritize conflicting deadlines.
Our client is an established and growing residential real estate owner / developer / builder, based in Markham, and dedicated to offering high quality low and mid rise residential product to their clients across the GTA, South Western ON, and Western Canada. The company prides itself on providing high quality lifestyle solutions to its clients, offers a competitive compensation package and culture, and strong career growth trajectory.
Due to current growth and new upcoming real estate development project phases, the business is looking to secure an experienced Loan Underwriter to join their head office team.
Competitive compensation package including:
- Health and Dental Benefits
- Competitive Vacation Allotment
- Career Progression / Excellent Company Culture
Salary will be commensurate with experience. This is an office based role in Markham, ON.
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