Job Description

Kingsdale Mortgage Centre (#13585) is a proud member of the Kingsdale Group, a real estate conglomerate with 20 years of industry experience in real estate brokering, commercial development, and marketing. We're not just another brokerage; by joining Kingsdale Group, you tap into a legacy of expertise and a network designed for your success, with unique advantages that few others can match. We proudly partner with 70+ mainstream lenders and over 50+ MICs & Private Lenders, ensuring you secure the ideal funding solutions for your clients, especially in commercial real estate.

At Kingsdale, we're reimagining what it means to work for a brokerage. We understand that your success is our success, which is why we've built a model that truly benefits agents.

Responsibilities:

Application Intake & Deal Quoting:

Accurately assess incoming mortgage applications and provide timely and competitive deal quotes.

Collaboration with Fulfillment Officers:

Work closely with fulfillment officers to collect outstanding documents and satisfy any conditions as per the mortgage commitment.

Process Coordination:

Follow up with all parties involved in the mortgage process to ensure 100% coordination and a smooth transaction from start to finish.

Loan-to-Value (LTV) Analysis:

Perform thorough loan-to-value analysis to assess risk and compliance with underwriting guidelines.

GDS/TDS Cash Flow Review:

Review Gross Debt Service (GDS) and Total Debt Service (TDS) ratios and analyze borrower cash flow to ensure financial stability.

Review of Agreements and Appraisals:

Review Purchase & Sale Agreements, order appraisals, and thoroughly review appraisal reports to assess property value and risk.

Document Collection & Verification:

Collect and verify mortgage applications, credit reports, income documents (e.g., T4, T1, NOAs) for accuracy and completeness.

Income Document Familiarity:

Ensure a thorough understanding of key income documents, including T4s, T1s, and Notices of Assessment (NOAs), to evaluate borrower eligibility.

Client and Stakeholder Relations:

Maintain positive relationships with clients, lenders, third-party vendors, and other stakeholders throughout the underwriting process.

Networking & Representation:

Represent Kingsdale Mortgage at industry conferences, conventions, and other networking events to strengthen relationships and enhance brand presence.

Qualifications:

Proven experience in mortgage underwriting, with a strong understanding of residential lending Excellent communication and negotiation skills, with the ability to build rapport quickly. Self-motivated and results-driven, with a passion for deal origination and a commitment to client satisfaction. Ability to thrive in a commission-based role, with a proactive approach to closing deals.
Additional pay:

Commission pay
Benefits:

Company events Flexible schedule Work from home
Schedule:

8 hour shift Day shift Monday to Friday
Job Types: Full-time, Part-time

Pay: From $18.61 per hour

Benefits:

Company events On-site parking
Application question(s):

How many years of experience do you have in mortgage underwriting? Do you currently hold a valid mortgage agent license/certificate in Ontario
Work Location: Remote