Position title
Mortgage Underwriter

Mortgage Associates Ontario Inc. was established in 2013 to provide professional and accessible real estate ownership solutions to our clients. As a fully accredited mortgage brokerage firm in Ontario, we take pride in our team of highly knowledgeable and skilled professional mortgage agents who provide customized mortgage solutions to meet the unique needs of each client. With access to over 200 Banks, Credit Unions, Private Lenders, and Commercial Lenders, we stay abreast of current market conditions and policy changes to provide our clients with the best mortgage options available.

This role helps support the Sales Team to ensure they can focus on productivity rather than administrative tasks. The underwriter’s mandate will be to work with and assist mortgage agents, adjudicate mortgage applications according to internal policies and in line with current regulations, review all inbound documents and provide updated list of outstanding conditions to the agents. The Underwriter is responsible for structuring complex deals with recommendations to senior management. This role will be assuming responsibility for the mortgage administrative activities for the mortgage sales team and brokerage.


Establish & maintain positive relationships with Clients, Lenders, External business partners and mortgage sales team

  • Assist the mortgage sales team in the application process, obtain all pertinent personal and credit information from the client (directly or through the sales team member), also, collects the required documents and submit the application with the recommendation for approval
  • Structuring complex deals
  • Obtain approvals while ensuring borrower suitability
  • Interact with Lenders to negotiate mortgage approvals
  • Ensures completion of due diligence prior to sending to a lender
  • Prioritize applications & workflow to ensure consistency in service level
  • Remain up to date with lending guidelines, industry knowledge, competition & market trends
  • Render approval/decline decisions on incoming applications consistent with internal and lenders guidelines
  • Analyze employment profile, credit worthiness, property values, and all other information pertinent to the application, as presented by the client
  • Negotiate mortgage terms (where applicable) to satisfy the interests of the client
  • Verify supporting documentation for each application
  • Verify accuracy of supporting employment, down payment, appraisal, and financial documentation received
  • Correspond with lenders to attain outstanding documentation needed to complete requirements as outlined on the commitment to a “Broker Complete” status
  • Develop and build relationships with existing and new lenders as per needed
  • Maintain confidentiality of all client information and files at all times
  • Manage, maintain and coordinate office referrals
  • Assist in the training process for new and existing agents
  • Manage and resolve any issues that arise from Mortgage Agents including complaints from underwriters and clients
  • Manage and ensure FSCO policies and procedures are compiled by mortgage agents
  • Provide input re: Review/performance reporting with Agents
  • Maintain professional and technical knowledge by attending industry workshops and training
  • Mortgage Underwriting: 2 years (preferred)
  • Mortgage Agent License (preferred)
  • Mortgage Agent Course Certificate (preferred)
Employment Type
Full-time, Contractor
Beginning of employment
Duration of employment
Job Location
50 Casmir Court, Concord, Ontario, L4K 4J5, Canada
Working Hours
9am to 5pm Monday to Friday
Base Salary
$40000-$80000 Per year
Date posted
June 29, 2023
Valid through
September 30, 2023
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