Residential Underwriter

Join us as a Residential Underwriter at Fairstone Bank.

Fairstone is Canada’s leading alternative lender, employing nearly 800 people in Toronto and across the country. Our culture is built on passion and integrity.

• Base salary with annual incentive performance bonus
• Three (3) weeks of vacation plus six (6) flexible days (sick or personal) and statutory holidays
• Comprehensive benefit packages
• Group Retirement Savings Plan (GRSP)
• Employee discounts (phone plans, gym membership, Toronto Bike Share, etc.)
• Education assistance program

As a Residential Underwriter you will adjudicate mortgage applications by assessing prospective clients in accordance with the 5 C’s (Capacity, Capital, Collateral, Character, and Conditions). The focus is on risk assessment and ensuring all applications meet quality and service standards.

Key responsibilities:

• Make prudent credit decisions on complex mortgage files
• Receive, review, analyze and verify mortgage applications for completeness, accuracy, suitability and risk
• Ensure compliance with Home Trust Company’s underwriting policies, procedures and guidelines
• Adhere to compliance obligations, including Privacy, AML/ATF, and internal Anti‑Fraud Policy
• File Unusual Transaction Reports where required
• Maintain accurate application records and detailed notes
• Prepare and issue conditional mortgage commitments outlining all conditions required by Home Trust

• Authorized to work in Canada
• Strong communication skills
• Post‑secondary degree or diploma in business, finance or related field (university an asset)
• 3–5 years of mortgage lending experience

Maintain a positive, supportive attitude and help foster an inclusive culture.

Fairstone is an equal opportunity employer. We’ll make reasonable accommodations for disabilities. Individuals who identify as Aboriginal, member of a visible minority, or disabled are encouraged to apply.

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