The professionalism and talent of our employees is what makes The Bridg Group of Companies a successful organization. As a leading provider of Mortgages and Mortgage Investments services, we depend upon the performance, service, and support of many different business units. A successful candidate will be resourceful with an energetic demeanour and maintain a proven track record of providing outstanding assistance to our clients and the team. We are looking for a Mortgage Underwriter/Agent seeking a rewarding career. Successful applicant will process mortgage transactions from start to finish and work with mortgage clients directly on behalf of the Mortgage Broker. You will be able to manage multiple deals within a busy environment. This full time position presents a great opportunity to grow within a fast growing organization.
Schedule:
Full time
Quarter:
Day, Evening, Weekend, Work shift
Salary:
to be discussed
Job start date:
2015-11-13
Length:
Unspecified
Number of positions to fill:
1
Detailed description:
• Responsible for completing pre-qualifying process for all incoming mortgage leads from broker directly and from our in-house lead generation programs, in-house mortgage agents, and outside agents and 3rd party referrals
• Liaison with clients, mortgage agents, lawyers, appraisal companies, creditors, lenders and in-house debt settler to ensure all mortgage files are closed efficiently and within required deadline
•
• Gather & verify any necessary information required to co-ordinate and analyze credit applications and ensures consistent, objective and sound credit decisions in a high volume environment
• Ability to negotiate with lenders for the best mortgage product and terms on behalf of the client
• Ability to obtain approvals within 24-48 hours
• Must be able to negotiate terms and rates with lender efficiently and in a timely manner
• Must be able to enter all data into expert software quickly and accurately
• Must be able to contact lenders in a timely manner
• Must be able to quickly build relationships and have great negotiation power when asking for mortgage condition exceptions
• Must know all the basic rules of underwriting, but not limited to; credit bureaus, GDS/TDS ratios, amortization, insurance premium, heat and tax calculation, posted rates, etc.
• Must know and understand the most popular high ratio insurance products
• Must be able to complete rental analysis application for investor clients
• Must be very familiar with the following products but not limited to; first time home buyers, business for self, low doc program, new immigrant programs
• Ability to underwrite files with advanced knowledge of all A, B, and Private products available in Ontario
• Expedites approvals for mortgage loans by examining application and supporting documentation; estimating credit-worthiness; calculating repayment risk.
• Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations
• Accomplishes company goals by completing related tasks as needed
• Protects company’s image by keeping mortgage loan information confidential.
• Responsible for all fulfillment duties required for pre, interim and post-closing of mortgage files from Mortgage Broker/In-house Agents.
• Responsible for compliance after each deal closing
• Perform administrative duties to support mortgage processing requirements
Requirements
Languages asked for
French:
Not at all
English:
Excellent
Education
Level:
Collegial
Diploma:
DEC (Collegial)
State:
Finished
Working experience
Minimum experience required:
5 years
Qualifications required:
• Post-secondary degree in a related field required
• Minimum 5 years’ experience in the Mortgage Broker Industry is mandatory
• Minimum 5 years’ experience in a Mortgage Brokerage Office is mandatory
• Excellent oral and written communication skills ability to express ideas and procedures clearly and concisely
• Ability to work with highly sensitive information.
• Must have excellent auditing, financials and decision makings skills,
• Must be highly professional and quality focussed
• Interpersonal Skills - A significant level of trust and diplomacy is required to be an effective subject matter expert in the position. In-depth dialogues, conversations and explanations with customers, direct and indirect reports and outside vendors of a sensitive and/or highly confidential nature are a normal part of the day-to-day experience. Communications can involve motivating, influencing, educating and/or advising others on matters of significance.
• Ability to close mortgage sales in a timely manner and ensure client is confident and comfortable in the mortgage options presented to them
• Advanced in Filogix Expert and MS Office Software & ability to type >55 WPM
• Solution-focused, takes initiative to work effectively within established guidelines
• Must have excellent sales skills over the phone, in person and in email writing
• Must be able to reach all deadlines in an environment that does not provide frequent extensions
• Excellent Customer Service skills with a focus on sales
• In depth knowledge of credit and mortgage loan underwriting practices for A, B, and Private products
• Organized, work well under pressure, multi task and prioritize tasks in terms of urgency
• Able to learn and follow current processes and system that are in place
• Ability to work independently with little or no guidance
• Must have own vehicle
• Willing to work alternate shifts (evening/weekends)
• Reside in close proximity to office in Vaughan
• Able to attend Mortgage Division Networking Events and Seminars as well as all corporate events to promote mortgage division when needed
• Having a mortgage agent license will be considered an asset
• Mortgage Agent License will be required after probation is completed
