Legal Staff (Mortgage Examiner)

QUALIFICATION STANDARDS:

Education: Bachelor of Laws Experience: 2 years of relevant work experience (Experience in Mortgage Examination is an advantage, but not required) Training: 8 hours of training relevant to the job

SCOPE OF WORK:

• Assists in reviewing and validating loan and mortgage documents as to their validity, legality, enforceability, and acceptability based on set policies and standards;
• Assists in the preparation of mortgage examination findings through a thorough review of the submitted documents for approval of loan application;
• Assists in communicating mortgage examination findings accurately to stakeholders for correct and complete compliance;
• Prepares the transmittal letter for the release of payments to landowner/s for proper monitoring of payments;
• Assists in coordinating with SHFC linkages and partners to secure documents necessary for the approval of loan applications;
• Assists in collating and reviewing of mortgage documents;
• Assists in consolidating the required documents necessary for the transfer of title to Community Association's names and annotation of Real Estate Mortgage;
• Assists in maintaining proper safekeeping of mortgaged documents including title;
• Performs other related tasks that may be assigned from time to time.