Mortgage Officer

* Reviews mortgage files and ensures client documentation, including but not limited to income, (job letter verification and bank statement analysis), down payment and client interviews, meet all Company lending policies and guidelines and are accurate and complete
* Takes ownership of approved file, analyzes data and is responsible for updating internal records to match received documentation while verifying the file metrics remain within Company guidelines. Notes any discrepancies and provides approval credit rationale as required.
* Ensures all documents are signed back and received from mortgage brokers within established SLAs.
* Manages, compiles, reviews and organizes mortgage documentation within established SLAs in a high volume and service-oriented environment
* Collaborates with the Funding team to ensure timely closings
* Is the main point of contact for Mortgage Brokers (previously the Underwriters were responsible for this) after the commitment letter has been signed back
* Conducts daily follow-up with brokers to answer broker/client questions and ensure all required documentation has been submitted, reviewed and actioned accordingly
* Collects and reviews documentation supplied by client and broker to ensure its authenticity and compliance with all aspects of Home Trust Company’s policies and guidelines per delegated authority matrices and applicable compliance obligations including Underwriting Policies and Lending Guidelines, Privacy, Anti-Money Laundering/ Anti-Terrorist Financing, and internal Anti-Fraud Policy requirements
* Authorized to work in Canada
* Great communication skills
* Post-secondary degree or diploma, preferably in business management, finance, or related field (university an asset)
* 2 years in administrative environment preferable within mortgage industry an asset
** Time to Recharge:
** Generous vacation based on your role, statutory holidays, plus 6 wellness days to prioritize your well-being.
** Compensation Package:
** Competitive base salary plus an annual incentive bonus tied to performance.
** Comprehensive Benefits:
** Robust health and dental coverage through Manulife, as well as virtual healthcare through Dialogue.
** Exclusive Perks:
** Discounts from top retailers via Work Perks, plus location-based perks like gym memberships and Toronto Bike Share.
** Continuous Growth:
** Education Assistance Program and Fairstone Academy for training and skill development
* Expected base salary range is $50,000 - $65,000 per year, plus the opportunity to earn an annual incentive bonus tied to performance.
* This posting is for an existing vacancy within our organization.
* Artificial intelligence may be used in parts of the recruitment process.
* All candidates considered for hire must successfully pass a criminal background check, credit check, and validation of their work experience to qualify for hire.

Fairstone Bank of Canada and its subsidiaries, including Fairstone Financial Inc. and Home Trust Company, deliver innovative, accessible and reliable financial solutions that enable Canadians to reach their financial goals. Collectively, we offer residential and commercial mortgages, consumer deposits and GICs, retail and automobile financing, credit cards and digital lending, in addition to unsecured and secured personal loans online and at more than 255 branches coast to coast.

With a long-established history, we are proud to be Canada's leading alternative lending bank. More at
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