Associate Mortgage Underwriter, Excalibur
Top Benefits
About the role
We are hiring an Associate Mortgage Underwriter (Excalibur) Reporting To Manager, Residential Underwriting
Full-Time/Part- Time Full-time
Posting Date June 27, 2025
Closing Date July 11, 2025
Hours Of Work 8:30 a.m. – 5:00 p.m.
Grade Office Location:
8.7
Downtown, Toronto
Great location! Steps away from the main public transit station
What We Offer Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities!
- Eligibility for benefits is dependent on the terms of employment
The Opportunity Excalibur department - With both the population and employment demographics of Canada changing so significantly, there are people who want to access a mortgage and own a home – but they may fall outside of traditional credit requirements. Alternative lending (Excalibur) offers a mortgage option for those people. The Fulfillment Specialist is responsible for ensuring that all broker conditions are met prior to closing and for all interactions with the Broker to cooperatively satisfy all conditions within a mortgage commitment.
How You Will Contribute
- Manage files from the time they are committed by the underwriter until all the broker’s conditions are met on the commitment
- Contact the broker via fax/email/phone requesting a solicitor for the file and funding conditions sheet outlining the outstanding conditions on the file
- Follow up with brokers to request additional information where needed
- Provide liaison and support for funding department
- Review all documentation sent from the broker to meet conditions found on the commitment
- Organize all incoming faxes from broker and solicitor
- Verify all employment letters verbally and satisfy income verification and satisfy down payment verification
- Review and satisfy signed commitment, statement of mortgage and mortgage application
- Review and audit all files prior to advancing
- Update information and make corrections where needed to ensure that it is 100% complete and accurate
- Respond to all broker queries and requests and return calls and emails in a timely manner
- Specialize in bridges and transfer mortgages
- Complete special projects as assigned by Team Leader/Manager, Residential Underwriting
The Experience You Need
- Post-secondary education and/or equivalent work experience required
- One year of mortgage experience preferred
- Competency in MS Office; capacity to learn new technologies/systems
Working Environment And Physical Demands Analysis
- Office environment
- Periods of high volume with tight timelines
- Long periods of stationary position/sitting
- Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
- Long periods of time in viewing a computer screen
- Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.
Why join First National?
- Competitive Compensation
- Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)
- Hybrid working environment
- 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 events focused on a variety of charities
- Ongoing social events throughout the year
The Team You’ll Join Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.
First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.
We would like to thank all applications for their interest in this existing vacancy but only candidates selected for an interview will be contacted. First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category protected by law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca should you need an accommodation at any point in the recruitment process. #FNLOON
About First National Financial
First National Financial LP is Canada's largest non-bank lender, originating and servicing both residential and commercial mortgages. As the leading lender of CMHC and conventional mortgages, First National currently has more than $120 billion in mortgages under administration.
We apply ingenuity when developing financing solutions with clients and brokers, relying on our broad product lineup, expertise, network and spirit to take smart risks. We execute quickly and competitively, but we go beyond that traditional approach to service to provide value beyond rate, market education, business development opportunities and true enabling technology.
First National Financial LP FSRA License Nos. 10514 & 11252
Financière First National S.E.C., le plus important prêteur non bancaire au Canada, est un initiateur et un fournisseur de services de prêts hypothécaires résidentiels et commerciaux. En tant que plus important prêteur proposant des prêts hypothécaires assurés par la SCHL et des prêts hypothécaires standard, First National gère actuellement plus 103 milliards de dollars en prêts hypothécaires.
En collaboration avec nos clients et nos courtiers, nous élaborons des solutions de financement ingénieuses grâce à notre large éventail de produits, à notre savoir-faire et à notre solide réseau, tout en sachant prendre des risques calculés. Notre exécution est toujours rapide et concurrentielle, mais nous allons au-delà de cette approche conventionnelle afin d'offrir une proposition de valeur dépassant les taux ainsi que de l'information sur les marchés, des occasions de prospection de clientèle et une véritable technologie habilitante.
Financière First National S.E.C. Permis nos 10514 et 11252 de la ARSF
Associate Mortgage Underwriter, Excalibur
Top Benefits
About the role
We are hiring an Associate Mortgage Underwriter (Excalibur) Reporting To Manager, Residential Underwriting
Full-Time/Part- Time Full-time
Posting Date June 27, 2025
Closing Date July 11, 2025
Hours Of Work 8:30 a.m. – 5:00 p.m.
Grade Office Location:
8.7
Downtown, Toronto
Great location! Steps away from the main public transit station
What We Offer Highly competitive compensation package which includes, base salary, bonus, benefits, and career advancement opportunities!
- Eligibility for benefits is dependent on the terms of employment
The Opportunity Excalibur department - With both the population and employment demographics of Canada changing so significantly, there are people who want to access a mortgage and own a home – but they may fall outside of traditional credit requirements. Alternative lending (Excalibur) offers a mortgage option for those people. The Fulfillment Specialist is responsible for ensuring that all broker conditions are met prior to closing and for all interactions with the Broker to cooperatively satisfy all conditions within a mortgage commitment.
How You Will Contribute
- Manage files from the time they are committed by the underwriter until all the broker’s conditions are met on the commitment
- Contact the broker via fax/email/phone requesting a solicitor for the file and funding conditions sheet outlining the outstanding conditions on the file
- Follow up with brokers to request additional information where needed
- Provide liaison and support for funding department
- Review all documentation sent from the broker to meet conditions found on the commitment
- Organize all incoming faxes from broker and solicitor
- Verify all employment letters verbally and satisfy income verification and satisfy down payment verification
- Review and satisfy signed commitment, statement of mortgage and mortgage application
- Review and audit all files prior to advancing
- Update information and make corrections where needed to ensure that it is 100% complete and accurate
- Respond to all broker queries and requests and return calls and emails in a timely manner
- Specialize in bridges and transfer mortgages
- Complete special projects as assigned by Team Leader/Manager, Residential Underwriting
The Experience You Need
- Post-secondary education and/or equivalent work experience required
- One year of mortgage experience preferred
- Competency in MS Office; capacity to learn new technologies/systems
Working Environment And Physical Demands Analysis
- Office environment
- Periods of high volume with tight timelines
- Long periods of stationary position/sitting
- Prolonged periods of repetitive movement (i.e. using a keyboard and mouse)
- Long periods of time in viewing a computer screen
- Multi-tasking may include speaking to customers on a telephone call while looking up information on a computer program.
Why join First National?
- Competitive Compensation
- Comprehensive benefits program (i.e., Health Spending Account, Maternity and Parental Leave Top Up)
- Hybrid working environment
- 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 events focused on a variety of charities
- Ongoing social events throughout the year
The Team You’ll Join Founded in 1988, First National is one of Canada’s largest non-bank lenders. We provide residential mortgages exclusively through the mortgage broker channel and we are Canada’s largest commercial mortgage lender.
First National has been consistently recognized as a great place to work and we are proud that our employee engagement feedback is higher than our industry partners.
We would like to thank all applications for their interest in this existing vacancy but only candidates selected for an interview will be contacted. First National is proud to be an equal opportunity employer and is committed to diversity and inclusion regardless of race, color, religion, national origin, age, gender identity, physical or mental disability, sexual orientation and any other category protected by law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility@firstnational.ca should you need an accommodation at any point in the recruitment process. #FNLOON
About First National Financial
First National Financial LP is Canada's largest non-bank lender, originating and servicing both residential and commercial mortgages. As the leading lender of CMHC and conventional mortgages, First National currently has more than $120 billion in mortgages under administration.
We apply ingenuity when developing financing solutions with clients and brokers, relying on our broad product lineup, expertise, network and spirit to take smart risks. We execute quickly and competitively, but we go beyond that traditional approach to service to provide value beyond rate, market education, business development opportunities and true enabling technology.
First National Financial LP FSRA License Nos. 10514 & 11252
Financière First National S.E.C., le plus important prêteur non bancaire au Canada, est un initiateur et un fournisseur de services de prêts hypothécaires résidentiels et commerciaux. En tant que plus important prêteur proposant des prêts hypothécaires assurés par la SCHL et des prêts hypothécaires standard, First National gère actuellement plus 103 milliards de dollars en prêts hypothécaires.
En collaboration avec nos clients et nos courtiers, nous élaborons des solutions de financement ingénieuses grâce à notre large éventail de produits, à notre savoir-faire et à notre solide réseau, tout en sachant prendre des risques calculés. Notre exécution est toujours rapide et concurrentielle, mais nous allons au-delà de cette approche conventionnelle afin d'offrir une proposition de valeur dépassant les taux ainsi que de l'information sur les marchés, des occasions de prospection de clientèle et une véritable technologie habilitante.
Financière First National S.E.C. Permis nos 10514 et 11252 de la ARSF