Inside Lending/Mortgage Underwriter
The BridgGroup of Companies c/o Pinewest Financial Services Inc.
Vaughan, ON

Job Description

Join our growing and winning team! The BridgGroup of Companies (TBGOC) is one of the most diversified financial leaders in our industry, offering an array of Products & Services to consumers. CMP Magazine 2018 New Brokerage of the Year, TBGOC Young Owner Entrepreneur Award with Vaughan Chambers of Commerce, TBGOC Small Business Nominee Award with Vaughan Chambers of Commerce.

We have branded a mission to change lives one client at a time and have media presence for promoting and educating the public from Global TV, Chex TV, Bell TV, & Rogers TV recognition to list a few.

Move your Mortgage License to a company that makes a meaningful difference in the lives of others. One where you are valued and respected, listened to, and empowered to live up to your potential! TBGOC is the place for you. We are always seeking empathetic, positive, passionate individuals committed to Making People's Lives Better. Servicing over 10,000 clients through our products, we have an opportunity for you that will make a difference in your life. This role at TBGOC is an exceptional opportunity for an enterprising, self-directed Sales Professional who brings demonstrated experience in mortgage sales, & underwriting along with a sense of urgency and a drive for results, and who genuinely enjoys interacting with clients and professionals.

Responsibilities:

  • Dual Underwriting roles for Mortgage client division and Lending Private Investor division
  • Receive, review, analyze and verify applications for completeness, accuracy, suitability and risk to ensure compliance with all aspects of the BridgGroup of Companies’ underwriting policies and procedures
  • Responsible for issuing mortgage commitments to brokers & agents

Must follow funding guidelines when closing all private mortgages

  • Responsible for Solicitor's Instructions
  • Review legal documents in a timely and accurate manner
  • Liaison with mortgage agents, RE Acquisition team, lawyers, appraisal companies, creditors, and in-house debt settler to ensure all mortgage files are closed efficiently and within required deadline
  • Review all documentation for a prospective mortgage file to ensure it adheres to all applicable regulations, underwriting guidelines and all internal policies
  • Responsible for completing compliance on all mortgage closings
  • This individual must be knowledgeable with legal documents to ensure all conditions are satisfied and documentation is complete
  • Must be able to understand and read Equifax reports in depth
  • Responsible for fund disbursement for all mortgage closings including construction funding
  • Responsible for the maintenance of all Real Estate acquisition file tasks
  • Track & maintain mortgage records
  • Responsible for sending out weekly reports
  • Responsible for post administration of files but not limited to fund disbursements, mortgage deposits, collection calls, renewals, payout statements and discharges of mortgages
  • Responsible for monthly audit
  • Corporate Events - it is mandatory to attend 6-8 events that may go past 5:00pm and on a weekend
  • Post Administration - Doing deposits, legal power of sales, monthly reporting

Qualifications:

  • Must have minimum of 2 years’ experience in the Lending industry
  • Experience in mortgage underwriting is mandatory
  • Experience in Real Estate, Construction budgets, trade payments or mortgage funding will be considered an asset
  • Excellent oral & written skills
  • Strong analytical and problem solving skills
  • Advanced in excel software is mandatory
  • Must be deadline oriented
  • Excellent interpersonal and communication skills
  • Must work well under pressure and must be able to reach deadlines
  • Strong knowledge of PC based applications, including Microsoft Excel, Word and Outlook

Should live in close proximity to office located in Woodbridge
· Minimum of 45 WPM is mandatory

Hours: Monday - Friday 8:30am - 5:30pm (may need to work later from time to time)

Salary: base + annual bonus

Job Type: Full-time

Salary: $45,000.00 to $60,000.00 /year

Experience:

  • Mortgage /Lending Underwriting, Ontario: 3 years (Required)
  • working in a Mortgage Office: 2 years (Required)

Education:

  • Bachelor's Degree (Preferred)

Licence:

  • Ontario Driver's (Required)

Language:

  • English (Required)