Job Overview
We are seeking a detail-oriented and analytical Mortgage Underwriter to join our dynamic team. In this role, you will be responsible for evaluating loan applications and determining the creditworthiness of potential borrowers. Your expertise in financial services and risk analysis will be essential in making informed decisions that align with our lending policies and guidelines.
Responsibilities
- Review and analyze loan applications, financial statements, and credit reports to assess borrower eligibility.
- Conduct thorough risk analysis to identify potential issues and mitigate risks associated with lending decisions.
- Utilize strong math skills to calculate debt-to-income ratios, loan-to-value ratios, and other financial metrics.
- Negotiate terms and conditions with borrowers as necessary to ensure compliance with underwriting standards.
- Collect and verify data from various sources to support underwriting decisions.
- Maintain accurate records of underwriting decisions and communicate findings to relevant stakeholders.
- Collaborate with loan officers, processors, and other team members to facilitate a smooth loan approval process.
- Stay updated on industry regulations, trends, and best practices to ensure compliance and enhance underwriting processes.
Qualifications
- Minimum of 3 year of experience in mortgage underwriting or document fulfillment .
- Strong analytical skills with the ability to perform risk analysis effectively.
- Proficient in data collection techniques and tools used in the underwriting process.
- Exceptional attention to detail and organizational skills.
If you are passionate about helping individuals achieve their homeownership dreams through sound lending practices, we encourage you to apply for this rewarding opportunity as a Mortgage Underwriter.
Job Type: Full-time
Pay: $65,000.00-$80,000.00 per year
Additional pay:
Benefits:
Schedule:
Work Location: Hybrid remote in Calgary, AB T2P 0P7
