Role overview

Senior Mortgage Underwriter – RFA Mortgage Corporation - Toronto ON

Date: July 13, 2026
Location: Toronto, ON
Company: RFA Mortgage Corporation
Job Type: Permanent
Vacancy Status: Replacement Role
Compensation: Base salary: $80,000 - $90,000 annually
Bonus: 25% - 30% of base salary

About RFA
Founded in 1996, RFA (Realty Financial Advisors) is a leading Canadian-owned real estate firm. Through RFA Bank of Canada and RFA Mortgage Corporation, RFA offers mortgage brokers a complete range of Prime and Alternative mortgage solutions.
The Opportunity
We’re looking to fill a Senior Mortgage Underwriter position at RFA Mortgage Corporation!

RFA Mortgage Corporation, a division of RFA (Realty Financial Advisors), specializes in Prime lending (Insured, Insurable and Uninsurable). Our goal is to be a long-term leader in the residential lending market by offering more than just competitive rates and compensation. At RFA Mortgage Corporation, we focus on delivering a unique value proposition in the Prime mortgage space, committed to innovation and exceptional service to meet a diverse range of borrower needs.
In this role, the Senior Mortgage Underwriter will review, process and approve mortgage applications in a timely and effective manner resulting in the achievement of RFA Mortgage Corporations overall residential mortgage underwriting policy and applicable guidelines.
Core Responsibilities
As a Senior Mortgage Underwriter, you will:
Customer Results:

Underwrite to highest credit quality standards as defined by the Residential Mortgage Underwriter Policy.
Negotiate, approve, recommend, and decline applications within RFA Mortgage Corporation’s Residential Underwriting Guidelines, including without limitation:

Review of credit information.
Review of real estate appraisals for consistency, with prevailing market conditions.
Terms and conditions on all mortgage applications.

Make sound credit decisions that align with RFA Mortgage Corporation’s values and risk tolerance.
Follow up on outstanding conditions/documents.
Review and verify accuracy of required documentation related to the mortgage commitment. Requirements include Income validation, down-payment validation, collateral validation, title, mortgage statements, tax statements, etc.
Modify mortgage applications related to changes in documentation reviewed; submitting to Mortgage Insurer(s) where required.
Identify and escalate instances of suspected fraud to Senior Management and Quality Assurance.
Maintain service levels in an environment of high volumes and the competing demands of customers and employees.
Maintain direct contact with mortgage originators via updates specific to the application from fulfillment through to closing.
Build and maintain exceptional customer service levels.

Operational Efficiency and Risk Management:

Responsible for managing and maintaining an assigned pipeline to ensure timely progression, accuracy, and completion of files.
Identify risks and mitigate according to RFA Mortgage Corporation risk tolerance.
Manage work volumes to meet short timelines with a high level of quality.
Evaluate real estate and associated risks in a volatile market.
Handle difficult interactions and unpopular decisions.
Collaborate and nurture relationship with Fulfilment Specialists and support Management when required.
Build relationships with mortgage brokers and related business partners.
Keep up to date with evolving internal and external policies and procedures.

Regulatory & Compliance:

Complete all regulatory and compliance and risk management training.
Comply with requirements as set by the Compliance function and external regulatory bodies in all instances.
Act in accordance with the company’s Board-approved risk appetite and tolerance for risk in all instances.
Meeting and maintaining a set compliance percentage on monthly internal & external audits.

What You’ll Need to Succeed

Must have previous residential mortgage underwriting experience
Undergraduate university degree is an asset
Detailed working knowledge of real estate and covenant assessments, legislation and land title systems in all provinces
Detailed working knowledge of principles of credit analysis and risk management
Understanding of credit scoring
Ability to understand financial statements and assess financial viability
Previous experience working with mortgage brokers or an external mortgage sales force
Working knowledge of PC software in a Windows environment
An ability to handle pressure caused by high volumes and tight turnaround times
A very strong customer focus is required with an ability to ensure the customer experience is a positive one.
An ability to make quick accurate decisions.

What Sets You Apart

Demonstrated ability to assess risk in a fluctuating real estate market
Building productive relationships with mortgage brokers, internal mortgage agents and related business partners
Strong attention to detail and analytical thinker
Demonstrates the ability to make decisions that consider all implications and proactive management of risk
Demonstration of solid negotiation and problem-solving skills
Excellent interpersonal and negotiation skills
Ability to adapt to volatile volumes
An ability to handle pressure caused by high volumes and tight turnaround times
A very strong customer focus is required with an ability to ensure the customer experience is a positive one
An ability to make quick accurate decisions
Managing work volumes to meet short timelines with a high level of quality
Evaluating real estate and associated risks in a volatile market
Handling difficult interactions and unpopular decisions.
Building relationships with mortgage brokers and related business partners
Keeping up to date with evolving policies and procedures

What We Offer at RFA
Along with a strong work culture, RFA offers a comprehensive benefits package, including:

Health & Dental Care
Vision Care
RRSP Match
Health & Wellness Spend
Vacation & Personal Days
Hybrid working environment

Ready to take the next step?
If this opportunity excites you and aligns with your skills and aspirations, we’d love to hear about how you can contribute to our team at RFA.
Accessibility
Accommodation is available upon request for applicants and employees with disabilities. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure you have access to a fair and equitable process. Any information received relating to accommodation will be addressed confidentially.
Disclosure
Artificial Intelligence (A.I.) is not used to screen, assess, or select any applicants.