Found Description
Role Overview
The Mortgage Underwriter reviews and assesses mortgage applications to ensure they meet credit policy, regulatory requirements, and lending guidelines. The role analyzes borrower information, collateral, and third‑party documentation to make sound credit decisions and identify risks requiring mitigation or escalation. The Mortgage Underwriter works closely with brokers, business development teams, insurers, and internal stakeholders.
Responsibilities
- Investigate, evaluate, set conditions, mitigate approvals or declines of mortgage loans and applications, ensuring compliance with current legislation and Peoples Bank’s policies, programs, and procedures.
- Gather necessary information to coordinate and analyze credit applications and ensure consistent, objective, and sound credit decisions.
- Liaise with default insurers (CMHC, Sagen, Canada Guaranty) and appraisal service providers to ensure collateral security is acc...