Search jobs > Toronto, ON > Legal
Responsibilities :
- Preparing and negotiating letters of intent / commitment letters in compliance with credit requirements
- Understanding, negotiating, and assisting with drafting of loan documents including intercreditor and syndication documents, postponement and priority agreements, and other related legal documents.
- Engaging service providers to complete property and legal due diligence
- Preparing introductory letters to borrowers with checklists and due diligence documents
- Reviewing tenant estoppel and related documents
- Providing support to borrowers and originators / underwriters by initiating requests for information and documentation concerning the closing of each loan file
- Working closely with borrowers on closing their mortgage loan
- Working with all third-party service providers to facilitate each loan closing file
- Reviewing loan documents and legal due diligence packages
- Receiving and forwarding insurance policies for review by insurance consultant
- Completing anti-money laundering due diligence and documentation
- Working with the underwriting and origination teams to ensure that loan due diligence has been completed in preparation for closing
- Reviewing closing documents and providing instructions to legal counsel in negotiation of loan documents
- Reviewing documentation to ensure that conditions are cleared to close
- Preparing and balancing closing numbers, requisitioning funds and arranging funding wires
- Reconciliation of mortgage loan files
Requirements :
- 2+ years of legal admin experience working closely with commercial mortgages with a lender or a law firm
Legal Clerk
Understanding, negotiating, and assisting with drafting of loan documents including intercreditor and syndication documents, postponement and priority agreements, and other related legal documents. Engaging service providers to complete property and legal due diligence. Reviewing loan documents and ...
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Understanding, negotiating, and assisting with drafting of loan documents including inter-creditor and syndication documents, postponement and priority agreements, and other related legal documents. Engaging service providers to complete property and legal due diligence. Reviewing loan documents and...
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