Commercial Mortgage Underwriter – End-to-End File Ownership
Kitchener-Waterloo | Full-Time | In-Office
About Us
4Capital is a rapidly growing real estate capital advisory firm specializing in tailored financing solutions for Canadian commercial real estate investors. With a strong foundation in bridge, term, construction, and CMHC-insured financing structures, we connect institutional and private lenders with real estate investors to execute innovative and efficient debt solutions. Our team has originated over $900M in commercial loans since March 2024, with a clear roadmap to surpass $1B annually.
We are high-performance, collaborative, and driven to become Canada’s most trusted commercial mortgage advisory firm.
The Opportunity
We are seeking a highly motivated Commercial Mortgage Underwriter who will take ownership of the entire file lifecycle: onboarding, document intake, underwriting support, lender submission, condition management, and closing.
This role combines financial analysis, operational precision, and exceptional client communication. It is ideal for a self-starter who thrives in a fast-paced environment and wants deep involvement in every aspect of commercial financing.
Key Responsibilities
Deal Intake & Onboarding
- Act as a primary point of contact for new borrowers during initial engagement
- Set expectations, request required documentation, and maintain CRM accuracy
- Schedule client and partner meetings and prepare agendas
Document Management & Verification
- Gather, track, validate, and organize borrower and property documents
- Maintain standardized filing structure and compliance readiness
Financial Analysis & Underwriting Support
- Review borrower financial profiles, net worth, and liquidity
- Interpret rent rolls, P&Ls, construction budgets, and third-party reports
- Assist in preparing underwriting packages and lender-ready presentations
- Build multi-lender term sheet comparison models and sizing analysis
Submission & Commitment Execution
- Support lender submissions, Q&A, and follow-ups
- Track deposits, legal fees, and condition timelines
- Ensure insurer and lender conditions are satisfied accurately and on schedule
Closing Coordination & Post-Close
- Maintain active communication with borrowers, lenders, lawyers, and third-party partners
- Confirm all conditions precedent to funding are met prior to closing
- Coordinate file transition to servicing with complete documentation
Direct Transaction Exposure
- Shadow senior originators on lender and client calls
- Participate in property tours and on-site inspections
- Own defined lender engagement responsibilities as experience grows
Continuous Improvement
- Identify workflow efficiencies and drive SOP development
- Support technology enhancements, automation, and data integrity initiatives
Required Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, Real Estate or similar (CFA/CPA/AACI/MBA an asset)
- 2+ years’ experience in commercial underwriting or financial analysis
- High proficiency with Excel (analysis, models, pivots, validation)
- Strong written and verbal communication skills with a client-focused presence
- Ability to manage multiple active files with urgency and precision
- Ambition to grow within a high-performance team
Who You Are
- Analytical, detail-driven, and accuracy-obsessed
- Thrives in fast-moving, high-stakes environments
- Demonstrates ownership, you don’t wait to be told
- Passionate about real estate and capital markets
- Craves responsibility, visibility, and real career acceleration
How We Work
- Speed matters - files evolve daily
- Precision is mandatory - errors carry six-figure consequences
- Accountability is everything - if you touch a file, you own its outcome
- Continuous learning mindset - curiosity and proactivity required
- Hybrid work from home schedule 2 days a week ( Wednesday & Friday)
This is the right place if you want your progress measured by the real-world deals you help bring to life.
Performance metrics tied to advancement:
- volume supported
- turnaround velocity
- accuracy and audit compliance
- lender / borrower feedback
Top performers advance quickly. We promote based on output — not tenure.
Compensation & Benefits
- Salary: $70,000–$100,000, commensurate with experience
- Performance incentives
- Dental, extended health, and travel benefits
- Direct mentorship from experienced commercial originators
- Exposure to sophisticated commercial and construction financing
- High-growth environment with a clear path to leadership
Equal Opportunity
4Capital is committed to diversity, inclusion, accessibility, and accommodation throughout the hiring process.
Ready to Apply?
Submit your resume and cover letter to: [email protected]
Only candidates selected for interview will be contacted.
Job Type: Full-time
Pay: $70,000.00-$100,000.00 per year
Benefits:
- Company events
- Dental care
- On-site gym
- On-site parking
- Paid time off
- Vision care
- Work from home
Work Location: In person
