Mortgage Examiner (Law Graduate)
Makati, National Capital Region
Posted today
- 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
- Number of vacancies:
- 1
Job Description
Education: Bachelors of Law
Experience: At least 2 years of relevant work experience
Training: At least 8 hours of relevant training
EMPLOYMENT STATUS: To be officially employed under DBP Service Corporation (DBPSC), but shall be assigned and deployed to Social Housing Finance Corporation (SHFC) as an agency-hired employee.
DBPSC BENEFITS (for agency-hired employees):
Government-mandated benefits: SSS, Pag-IBIG, PhilHealth, EC
Paid legal holidays
13th Month pay
Service Incentive Leave (SIL) - 5 days after the first year
Paternity Leave, Solo Parent Leave, Magna Carta for Women
Retirement Pay
Group Life insurance upon first day
Financial Assistance Program
HMO/Health Insurance
Paid trainings
Overtime Pay
WORK SCHEDULE: Mondays to Fridays (8 AM - 5 PM)
DUTIES & RESPONSIBILITIES:
1. Assists in reviewing and validating loan and mortgage documents under the CMP as to their validity, legality, enforceability, and acceptability based on the CMP 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 thereto;
4. Prepares transmittal letter for the release of check payments to landowner/s for proper monitoring of payments;
5. Assists in coordinating with SHFC linkages and partners to secure documents necessary for the approval of loan applications;
6. Assists in collating and reviewing of mortgage documents after the issuance letter of guaranty based on the ME checklist for processing of loan release;
7. Assists in consolidating the required documents necessary for the transfer of title to Community Association's name and annotation of REM;
8. Assists in maintaining proper safekeeping of mortgaged documents submitted; including title's property with annotation of the REM for the protection of the released loan and;
9. Performs other functions that may be assigned from time to time.
- Salary:
- ₱29,500.00 Monthly
