Mortgage Broker

About Cottage Dream Vacations:

Cottage Dream Vacations (CDV) is a leading real estate training provider. In addition, we are a dynamic hospitality startup headquartered in Whitby. We are quickly expanding and are in search of a highly motivated Mortgage Broker to play a pivotal role in taking us to the next level!

About this role:

We have a vibrant and very robust real estate community, attracting thousands of real estate investors who are engaged in a continuous stream of transactions. We're on the lookout for a Mortgage Broker with exceptional expertise to join our team.

We maintain a highly active and extensive Lenders' List, comprising hundreds of investors eagerly awaiting the ideal investment opportunities hapening on a regular basis through our real estate training community. We are seeking a skilled Mortgage Broker who can effectively match these lenders with individuals in our community who are completing real estate transactions.

This key position will report directly to the CEO. Join us on our exciting journey as we change the landscape of the real estate industry in Canada!

Your responsibilities will include:

- Meeting with potential applicants and buyers to determine each client’s specific lending or refinance needs from our private Lenders’ List, of which only this role can facilitate.
- The Mortgage Broker has exclusive rights to arrange all mortgages for the members of our real estate training programs.
- Educate clients on various loan products, funding sources, buying or refinance process, and lending guidelines.
- Gather documents such as applicant’s credit history, income and employment verification, assets and liabilities, and background check to determine creditworthiness.
- Shop for competitive mortgage rates and interest rates, and negotiate terms with various lenders to find the ideal mortgage lender for the applicant.
- Submit the application file to lenders in order to apply on the homeowners’ behalf.
- Collaborate with the real estate agent, lender’s underwriting department, other mortgage professionals, and closing agent to ensure a smooth transaction.
- Build referral relationships with real estate professionals and relationships with mortgage lenders/ mortgage bankers, maintain current lending rate sheets, and stay up to date on current mortgage industry trends.

Experience that you bring to the table:

- Minimum mortgage agent level 2 licence with FSRA of Ontario.
- Expertise in personal and corporate finance and risk assessment.
- Familiarity with banking and financial legislation and regulations.
- Bachelor's degree in finance or a relevant field preferred.
- Strong numerical and analytical skills.
- Excellent sales and negotiation skills.
- Keen understanding of mortgage underwriting procedures.
- Be up to date on economic, product, and market trends.
- Outstanding social and communication skills.
- Ability to build trust with clients, lenders, and real estate agents.

What we offer:

- Starting annual salary of $45,000 plus 5% commission on all brokers fees charged.
- Three weeks’ vacation
- Comprehensive benefits package
- Discounts for cottage and watercraft rentals at any of our properties
- An environment where your expertise is valued and nurtured
- Succession planning and lots of opportunity for growth as we expand our resort locations and parent company!

If you are an enthusiastic and goal-oriented licensed Mortgage Broker, we encourage you to apply! Join us in providing top-quality solutions and experiences to our valued customers and guests by applying here. Please note that our head office is located in Whitby, Ontario, and working hours are on-site.

We thank all candidates for taking the time and effort to apply; we appreciate it, and will endeavour to respond to all candidates about the status of their application.

Requests for accommodations can be made toLTsang@cottagedreamvacations.comat any stage during the recruitment process.

Job Type: Full-time

Salary: $45,000.00-$55,000.00 per year