Job Description

Are you a meticulous and analytical professional with a passion for real estate and finance? Are you looking for an exciting opportunity to join a leading Canadian mortgage company? If so, we have the perfect role for you! About Us: Duggal Mortgages is a leading mortgage company in Canada. We specialize in providing financing solutions for both commercial and residential properties, helping individuals and businesses achieve their real estate goals. Job Summary: We are seeking a highly skilled and experienced Commercial/Residential Underwriter to join our team. As an Underwriter, you will play a crucial role in assessing and evaluating mortgage applications, ensuring compliance with regulatory requirements and company guidelines. You will work closely with our clients, brokers, and internal stakeholders to analyze financial data, conduct risk assessments, and make informed decisions on loan approvals. Commercial/ Residential Underwriter Responsibilities:

• Review and analyze mortgage applications for both commercial and residential properties.
• Evaluate borrower financial statements, credit histories, and property valuations.
• Assess loan risks and determine appropriate loan-to-value ratios, interest rates, and terms.
• Ensure compliance with industry regulations, company policies, and underwriting guidelines.
• Analyze financial statements, credit reports, income documentation, and other relevant information to assess borrower eligibility.
• Conduct thorough property evaluations and review appraisals to determine property value and ensure accuracy.
• Collaborate with internal teams and external partners to gather necessary documentation.
• Prepare comprehensive underwriting reports and make informed recommendations.
• Stay updated with market trends, industry regulations, and changes in underwriting guidelines.

Qualifications:

• Minimum of 3 years of experience as a Mortgage Underwriter, preferably with a focus on both commercial and residential properties.
• Strong knowledge of Canadian mortgage regulations, guidelines, and lending practices.
• Familiarity with commercial lending principles, including cash flow analysis and property valuation.
• Proficient in analyzing financial statements, tax returns, credit reports, and other relevant documents.
• Excellent attention to detail and ability to identify risks and potential issues.
• Strong decision-making skills and the ability to work independently in a fast-paced environment.
• Excellent verbal and written communication skills, with the ability to convey complex information clearly and effectively.
• Relevant certifications or designations (e.g., Mortgage Broker License, Accredited Mortgage Professional) would be an asset.

How to Apply: If you are a motivated and detail-oriented professional with a passion for mortgage underwriting, we encourage you to apply for this exciting opportunity. Please submit your resume outlining your relevant experience. We appreciate all applications, but only those selected for an interview will be contacted. Job Types: Full-time, Permanent Salary: $60,000.00-$70,000.00 per year Benefits:

• Company events

Schedule:

• Monday to Friday