Mortgage Underwriter

3 weeks ago


Vancouver, Canada Lanyard Financial Corporation Full time

Company Description


Lanyard Financial Corporation is a private mortgage lender and administrator offering custom lending solutions to clients in BC, AB, and Ontario. The primary area of focus include: commercial properties, multifamily development projects, and luxury single family residential. Lanyard is a well respected BC loan administrator - working with other well established lenders.


Role Description


This is a full-time on-site role. The role involves assessing and analyzing mortgage applications, ensuring compliance with lending guidelines, verifying underwriting documents (3rd party reports, letters of transmittal, etc.), and coordinating with borrowers, brokers and 3rd party professionals. The role includes drafting LOIs (and other security related documents), investment summaries for the credit committee, etc.


The position reports directly to the Manager - Underwriting Department.


This role is suitable for either an experienced hire or someone looking for best in class in training For the applicant with an established career in underwriting and funding mortgages you will take great comfort in our comprehensive process management, attention to detail, institutional quality paper, great roster of co-lenders, and high ethical standards.


For someone newer to the position you will receive best-in-class on the job training. This position is suitable for someone who has only worked on the residential side and wants to progress in their career to also working on commercial loans.


Qualifications


  • Mortgage underwriting and funding experience (residential only is ok)
  • Knowledge of mortgage regulations and guidelines (mortgage brokerage license not required)
  • Strong analytical skills
  • Attention to detail and accuracy in documentation
  • Excellent written and verbal English communication skills - you will be part of a team writing credit summaries for distribution internally and externally
  • Enjoy working in a small team
  • Proficiency in Excel, Word and Outlook
  • Ability to work independently and meet deadlines

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