Mortgage Underwriter, Third Party Residential Underwriting

Overview

Closing Date:
June 5, 2026

We are hiring a Mortgage Underwriter, Third Party Residential Underwriting. Reporting To:
Manager, Third Party Residential Underwriting. Job type:
Full time. Salary Range: $63,000 - $83,000. Posting Date:
May 26, 2026.

Hours of Work: 8:30 a.m. – 5:00 p.m.

Location:

Toronto, ON. Great location; steps away from the main public transit station.

Reporting to the Manager, Third Party Residential Underwriting, the Mortgage Underwriter is responsible for rendering credit decisions on incoming applications within their authorized limits and with adherence to company and insurer policies and guidelines while focusing on service excellence. The Mortgage Underwriter applies due diligence when reviewing required documentation to ensure accuracy and to protect the Company from risk. Manage files from the time they are committed by the underwriter until all the broker’s conditions are met on the commitment.

• Establishes and maintains positive relationships with mortgage brokers to build loyalty to the Company
• Maintains positive relationships with external partners such as mortgage insurers, appraisers, title insurance companies, and solicitors
• Interacts with mortgage brokers for the collection of all required documents to satisfy mortgage commitment conditions
• Reviews and verifies accuracy of required documentation related to income, down payment and the property using sound due diligence and in compliance with internal and regulatory guidelines prior to signing off on any mortgage conditions or documents, where applicable
• Escalates any documentation issues to the Underwriter for review and sign off
• Documents clear and complete notes within the mortgage underwriting system
• Responds to all inquiries within established turnaround times
• Adhere to policies/procedures to ensure AML requirements are met

• Ability to build and maintain positive relationships
• Strong aptitude for service excellence
• Strong communication skills—both written and verbal
• Ability to manage and resolve conflict
• Strong analytical skills
• Attention to detail
• Organizational and time management skills
• Positive team player with desire and ability to mentor others
• Effective problem solving and decision making skills
• Fully competent in working with basic PC software and Microsoft Office
• Ability to manage pressure in an environment of high volume processing with tight turnaround times
• Adhere to policies/procedures to ensure AML requirements are met

• Client Focus—we have an unwavering commitment for service excellence
• Team Orientation—we work together efficiently and are proud of our culture
• Respect for Others—we value the diversity of our people and we promote a respectful workplace

• Completed post-secondary education or equivalent work experience required
• Minimum 2 years previous mortgage underwriting experience required
• Completion of Mortgage Agent Course and/or FSRA License an asset
• Working knowledge of PC software in a Windows environment required

In accordance with the Financial Services Regulatory Authority (FSRA), if a successful candidate is not already licensed, upon starting with First National, they will be registered for the applicable educational courses and upon successful completion of the exam, First National will register them with FSRA to complete the licensing process.

• Office environment
• Periods of high volume with tight timelines
• Long periods of stationary position/sitting
• Prolonged periods of repetitive movement (keyboard and mouse)
• Long periods of time viewing a computer screen
• Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program

• Competitive compensation
• Comprehensive benefits program (Health Spending Account, Maternity and Parental Leave Top Up)
• Extensive training programs to set our employees up for success
• Modern office environment conducive to collaboration
• Supportive teamwork culture
• Opportunities to give back to the communities and work through charitable events
• Ongoing social…