Junior Commercial Mortgage Underwriter / Analyst

Position Location: Toronto

Salary Range: $60,000 to $75,000 (commensurate with experience)

Responsibilities:

• Responsible for underwriting commercial real estate mortgages across all asset classes (multi-residential, retail, industrial, office, land, etc.).
• Work with origination team to pre-screen and qualify new loan opportunities in an efficient manner.
• Prepare term sheets, commitment letters and credit submissions for bridge, construction, inventory and high ratio loans.
• Analyze property operating statements, rent rolls, leases and cash flows.
• Review borrower/guarantor financial and personal net worth statements to ensure sufficient liquidity to support the loan application.
• Conduct market research and analysis of comparable sales, market rents and absorption levels to validate property values.
• Provide support in closing loan transactions.

Qualifications:

• Minimum 1 to 2 years relevant experience in commercial real estate lending.
• Bachelor’s degree in finance, real estate, economics, or related field.
• Superior written and analytical skills.
• Strong interpersonal, organizational and time management skills.
• Ability to work independently and under time pressure.
• Ability to communicate with brokers and other third-party referral sources.

About Harbour Mortgage Corp.

Harbour Mortgage Corp. is a private commercial mortgage lender providing first, second, construction, bridge, mezzanine and CMHC loans on income producing properties and development projects. Harbour has originated and funded over $10 billion in real estate debt transactions in all major markets across Canada with annual volumes in excess of $1 billion. Harbour Mortgage Corp. currently administers approximately $2.0 billion in mortgage investments.