Position Details:

Job Title:  Residential Underwriter

Location: Toronto, ON,M5H1J8 – Hybrid – 3x/week in office mandatory 

Duration: Full-time permanent 

Compensation: $70k-$80k+ base + bonus

Start Date: ASAP

Interview Process: 2-3 Rounds  (One with Hiring Manager, Second with HR)

Key Responsibilities

• Adjudicate new residential mortgage applications in the B-lending space, ensuring sound credit decisions in line with company policies and risk appetite.
• Manage a daily pipeline of approved mortgage deals (approximately 4–5 applications per day), from initial review through to funding.
• Collaborate closely with Fulfillment Officers and Mortgage Officers to collect and review all supporting documentation required for approval.
• Liaise directly with mortgage brokers to clarify requirements, communicate conditions, and provide timely updates on applications.
• Ensure accuracy and completeness of all documentation to meet regulatory, compliance, and internal audit standards.
• Assess applicant creditworthiness, analyze income and debt servicing, and confirm property valuations to support lending decisions.
• Provide exceptional communication and service to internal and external partners to facilitate a smooth underwriting and funding process.

Qualifications & Experience:

• 2–4 years of experience in residential mortgage underwriting, adjudication, or fulfillment with an alternative or near-prime lender.
• Strong understanding of B-lending and alternative lending products, including self-employed borrower programs and non-traditional income verification.
• Experience working with mortgage documentation, credit bureau analysis, and adjudication systems.
• Excellent communication skills with the ability to build strong relationships with brokers, sales teams, and internal partners.
• High attention to detail and the ability to prioritize multiple files in a high-volume environment.
• Candidates with backgrounds as Associate Underwriters, Fulfillment Officers, or Mortgage Officers in the B-lending space are strongly encouraged to apply.
• Candidates from the A-lending space with transferable credit and documentation experience will also be considered.