We are looking for an  English-speaking Administrative Assistant.

Overview: 

      Mortgage Investment Group is a financial Canadian company dedicated to providing exceptional lending solutions and personalized services to our clients. We specialize in mortgages, and our team is committed to ensuring the financial well-being of our customers. The mission of this role is to collaborate with our Credit Experts/Underwriters and Management team to ensure accurate and up-to-date maintenance of our company's financial data. Your contributions will directly impact on our ability to provide seamless financial solutions to our clients. The position requires a candidate with excellent verbal, analytical, organizational, and written English skills along with a solid educational background, relevant experience, and the ability to thrive in a dynamic work environment. If you possess the necessary qualifications and skills, we invite you to apply and contribute to our team's success.

Responsibilities:

1. Reviewing Mortgage Applications:  Review carefully mortgage applications submitted by borrowers, and analyze various documents, including income statements, tax returns, credit reports, employment history, and property appraisals to assess the borrower's financial situation and the property's value.
2. Evaluating Property Value: The credit expert assesses the value of the property to ensure it meets the lender's criteria for loan approval. They review property appraisals to verify that the property's value aligns with the loan amount.
3. Calculating Loan-to-Value Ratio: Calculate the loan-to-value (LTV) ratio, which compares the loan amount to the appraised value of the property. This ratio helps determine the risk associated with the loan and influences the terms of the mortgage.
4. Ensuring Compliance: Ensure that mortgage applications comply with all relevant regulations and lending guidelines.
5. Communicating with Loan Officers and Borrowers: Collaborate with existing Brokers to develop and nurture a pipeline of mortgage deal flows. Communicating with loan officers and borrowers to gather additional information, request clarification on documentation, or address any concerns related to the mortgage application. 
6. Decision Making: Determine the terms of the loan, such as the interest rate, loan amount, and down payment requirements. Prepare commitments to sign and record in OneDrive on time.
7. Risk Management and Checklist Completion: Ensure all checklists are meticulously completed. Manage the information flow related to risk assessment and mitigation processes.

8. Payment Processing and Reporting: Record incoming payments and transaction reports promptly. Take necessary actions, such as sending out NSF notifications for missed payments or escalating cases for foreclosure as required.

   
   

• This position will be performed from the comfort of your home. 
• Competitive salary commensurate based on your experience.
• Comprehensive health insurance plan.