Mortgage Agent - Jobs in M5V1N6 Toronto Ontario

Job Description

Are you interested in working with a collaborative, energetic team, with an all-hands-on deck mentality Would you prefer the stability of a salaried role Ourboro is looking for a mortgage agent who wants to help clients who are asking for their help. No cold calling, no chasing leads, and no building of a sales funnel. Instead, you can focus 100% of your time educating homebuyers on our unique product while underwriting their deals.The CompanyLaunched in 2022, Ourboro offers a completely new way to buy and own homes. We do this by solving the #1 barrier to home ownership - the down payment. We invest up to $250K in our customers’ homes. It’s not a loan, so there is no interest and no additional debt. Instead, as a partner, we buy a share of the future value of the home.Once our customers move in, we offer programs and services to help preserve and increase the home’s value. When it’s time to sell, we participate in our fair share of the gains or losses. To date, we #39;ve invested in over $125M of real estate alongside homebuyers. Too many people are being priced out of the housing market because home ownership is currently all or nothing. We are here to provide an alternative. Not everyone has access to the bank of Mom and Dad, and we want to be there for those who could use the extra backup, every step of the way.The RoleDelivering a personable, human experience is going to be at the core of your work. Reporting into our Homebuyer Relationship Manager, you’ll support our clients through their entire buying journey – from the moment they apply to the day they move into their new home. You will be their primary point of contact and serve as the personal voice of the organization to our customers.You will be responsible for tracking applicants, collecting their information, advising them on their mortgage options and submitting their mortgage application on their behalf. This is a rare opportunity to come in early, build something from the ground up and work directly with seasoned entrepreneurs who will support you. You will be the first licensed mortgage agent on our team. Responsibilities:

• Manage pipeline of buyers to ensure service standards and financial goals are met
• Foster relationships with clients and assist them in making an informed decision
• Oversee the entire mortgage process (both purchase and refinancing) for each client, from initial contact to completion, including application, document collection, lender submission, condition fulfillment, and closing activities
• Complete and assess mortgage applications, perform credit checks, searches, and other related underwriting requirements
• Ensure mortgage applications meet compliance requirements and adhere to lender policies and guidelines
• Correspond with clients #39; lawyers and appraisers to ensure efficient workflow to coincide with closing dates
• Collaborate and build on our current relationships with lenders

RequirementsTo succeed in the role, you will need:

• Experience working at a reputable mortgage brokerage in Ontario
• To have managed deals with a variety of A, B, and Alternative lenders
• A history working with first-time homebuyer clients that have a diversity of income profiles
• Existing relationships with BDMs for all major lenders, specifically Equitable Bank, Community Trust, and Hometrust
• A proven track record translating complex topics to various audiences, in a simple and professional way
• Experience working with the Ourboro model – you don’t need to have done a deal with Ourboro, but you are very familiar with the ins and outs of our product

What we’d like to see in our ideal candidate:

• You are genuinely passionate about our mission and our goals. You want to work in a setting where you feel proud of the kind of work the company does
• You are extremely detail oriented and you have succeeded because you are highly organized and comfortable managing multiple priorities in a timely and efficient manner
• You have a track record of being extremely resourceful in seeking solutions or engaging in self-directed learning
• You operate with integrity, compassion, and transparency – you admit your mistakes and see them as opportunities to grow
• You adapt well to change, are flexible and can work independently as well as in a remote team environment

Benefits

• Leadership that will be present and eager to help you succeed in your role

• Competitive salaries, employee benefits, a professional development budget and flexible vacation
• Work alongside a team of thoughtful, kind people who genuinely care about the mission of the organization
• Hybrid work environment – work up to 2 days a week from wherever your please
• Fun, fast and energetic atmosphere
• Opportunity to work within a high-growth start-up with stable funding and BIG vision
• Extended Healthcare Plan (Medical, Disability, Dentalamp; Vision)
• Group Life - AD amp;D - Critical Illness Insurance
• Paid Time Off Benefits
• Work From Home - Flexible hours
• Trainingamp; Development