Funder, Commercial Funding And Renewals Job Openings by First National Financial in Toronto

Job Title Funder, Commercial Funding And Renewals Job Openings Toronto First National Financial
Pub Date 30+ days ago
Company First National Financial
Location Toronto

First National Financial Careers 2020 - First National Financial provide a chance to apply Funder, Commercial Funding and Renewals, that will be placed in Toronto. You will definitely get a better prospect as well as less dangerous life sometime soon. Signing up for this firm makes a people can do the objective simpler in supplementary to aid the current dream be realized.

To help this business vision and mission arrives on right First National Financial can be started on brand-new place as November 2020. Everybody who are enthusiastic about filling up this specific vacant, please take a part in this Funder, Commercial Funding and Renewals recruitment. If you will be one that may fill up requirements, you can look at more info about Funder, Commercial Funding and Renewals Job Openings below.

First National Financial Jobs 2020

Funder, Commercial Funding and Renewals Job Opening in Toronto

Working together to be our best!
First National is Canada’s largest non-bank lender, originating and servicing both commercial and residential mortgages since 1988. Over the past thirty years, we have been committed to hiring the best and brightest with over 1,000 proud team members. Through cooperation, ongoing coaching, development opportunities and a culture that celebrates both hard work and teamwork, First National team members are supported to lead, learn and grow.
If you are ready to join First National’s dynamic team, while working hard and having fun doing it, we invite you to apply online and let us know how you can be part of our success story.
We are hiring a Commercial Funding and Renewals, Funder!
Reporting To: Manager, Commercial Origination
Full-Time/Part- Time: Full-time
Posting Date: August 20, 2020
Closing Date: September 3, 2020
Hours of Work: 8:30 a.m. – 5:00 p.m.
Grade: 4
Office Location: 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:
The Funder, Commercial Mortgages is responsible for assisting and supporting the various personnel in the Commercial Funding Department by completing initial funding file set up, processing progress/construction advances & instructing, advancing and closing simple Small Loans Program mortgage files in accordance with company policies and procedures.
  • Advancing of CMHC & conventional construction/progress draws in accordance with commercial funding guidelines on a regular basis
  • Initial paper & paperless file set up for new funding transactions and the preparation of solicitor’s & insurance review instructions in draft format for Funders review
  • Funding of simple Small Loans Program transactions including but not limited to:
  • Instructs Solicitor and external property insurance consultant
  • Reviews file to identify any special conditions as per the commitment letter and if applicable, per CMHC’s special conditions
  • Responsible for ensuring that all supporting documents and pre-funding conditions have been received and satisfied prior to advancing funds. Co-ordinates closing process with applicable investor, ensures that all investor requirements have been met and obtains investor approval
  • Follows up with the applicable underwriter for any outstanding conditions
  • Set up of all loan details onto mortgage system from various sources, including commitment letter, CMHC special conditions, underwriting binder, legal documents etc., set up of loan file in paperless system
  • Calculation of interest adjustments, repair holdbacks, tax holdbacks and monthly tax components
  • Posting of all advances onto mortgage system, ensures all advances balance and the reconciliation of any discrepancies
  • Completion and final review of assigned files post funding to ensure file is ready to be transferred to servicing, preparation of client welcome letter and tax office notification letter
  • Special projects as assigned by the Manager, Commercial Mortgage Funding
The Requirements Needed:
  • Post-secondary education (degree preferred)
  • 1-2 years of experience in the mortgage industry, commercial mortgage experience preferred
  • Working knowledge of commercial mortgage legal documentation is a definite asset
  • Optimus experience preferred
  • Proficiency in Microsoft computer applications
Why join First National?
  • Bright open concept office environment
  • Large kitchens with a coffee and latte maker to enjoy at no cost
  • Supportive teamwork focused environment
  • Collaborative entrepreneurial spirit
  • Opportunities to give back to the communities and work through events focused on a variety of charities
  • Ongoing social events throughout the year
  • Extensive training programs to set our employees up for success
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 or any other category protected by law.
First National supports requests for accommodation from applicants with disabilities; please contact Human Resources at accessibility[at]firstnational.ca.
We would like to thank all applications for their interest, but only candidates selected for an interview will be contacted.

As one of the leading companies in Canada, First National Financial offers variety of opportunities for employees to grow and make them as future leaders of the professional and disciplined. First National Financial also offers a dynamic work environment in order to encourage employees to give optimally, and at the same time, you are able to work up new experience and knowing through the company programs.

If You are interested to submit an application for Funder, Commercial Funding and Renewals Jobs Toronto November 2020 by First National Financial, please prepare requirements files and documents immediately. To apply by online, please click the "Apply" button below. If you still do not satisfy with a hiring job above, you can try to read more jobs list in Toronto region from another company below.


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