Mortgage Officer (Law Graduate)

Makati, National Capital Region

Posted 11 days ago


Company:: Social Housing Finance Corporation
Company Description:: The Social Housing Finance Corporation (SHFC) was created through Executive Order No. 272 (E.O.272), which directs the transfer of the Community Mortgage Program (CMP), Abot Kaya Pabahay Fund (AKPF) Program, and other social housing powers and functions of the National Home Mortgage Finance Corporation to the SHFC. Under E.O. 272, the SHFC shall be the lead government agency to undertake social housing programs that will cater to the formal and informal sectors in the low-income bracket and shall take charge of developing and administering social housing program schemes, particularly the CMP and the AKPF Program (amortization support program and development financing program).
Contract Type:: Full Time
Experience Required:: 2 years
Education Level:: Bachelor’s Degree
Gender:: Any
Number of vacancies:: 1

Job Description

BRIEF:

The position requires knowledge in Real Estate Mortgage and Land Titles and Deeds in relation to Housing Loan applications of those from underprivileged communities.

QUALIFICATIONS:

EDUCATION: Bachelor of Laws
TRAINING: At least 16 hours of relevant training
EXPERIENCE: At least 3 years of relevant work experience

SCOPE OF WORK:

1. Reviews and validates loan and mortgage documents as to their validity, legality, enforceability, and acceptability based on the CMP (Community Mortgage Program) policies and guidelines;
2. Prepares 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. Coordinates with SHFC linkages and partners to secure documents necessary for the approval of the loan applications;
6. Collates the required documents necessary for the transfer of title to community association's name with annotation of the REM;
7. Collates and reviewing of mortgage documents after issuance of letter of guaranty based on the ME checklist for processing of loan release;
8. Maintains 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;

EMPLOYEE PERKS:

1. All government-mandated benefits (SSS, Philhealth, and PagIBIG, 12 Legal Holidays, 13th Month Pay and Overtime or Night Differential, and the 5 days of Service Incentive Leave).
2. Paternity/ Maternity Leave
3. Solo Parent Leave
4. Special Leave for Women (RA 7610 or the Magna Carta for Women)
5. Life Insurance
6. HMO
7. Company subsidized grocery with payment option for salary deduction
8. Gym
9. Counseling Services