Legal Officer
3 months ago
QUALIFICATIONS:
EDUCATION:
Bachelor of Laws
EXPERIENCE:
At least 2 years of work experience
TRAINING:
At least 8 hours of relevant training
SCOPE OF WORK:
1.
Assists in reviewing and validating loan and mortgage documents as to their validity, legality, enforceability, and acceptability based on the CMP (Community Mortgage Program) policies and guidelines;2.
Assists in the preparation of mortgage examination findings through thorough review of the submitted documents for approval of loan application;3.
Assists in communicating mortgage examination findings accurately to stakeholders for correct and complete compliance;4. Prepares transmittal letter for the release of check payments to landowner/s for proper monitoring of payment;5. Assists in coordinating with SHFC linkages and partners to secure documents necessary for the approval of the loan applications;6.Assists in collating the required documents necessary for the transfer of title to community association's name with annotation of the REM;7.
Assists in collating and reviewing of mortgage documents after issuance of letter of guaranty based on the ME checklist for processing of loan release;8.
Assist in maintaining proper safekeeping of mortgage documents submitted including title's property with annotation of the REM for the protection of the released loan;9.
Performs other functions that may be assigned from time to time;