Mortgage Loan Officer Employment Contract

Name: Mortgage Loan Officer Employment Contract
Brand: SheriaPlex
SKU: DOC-969
Price: 150 KES
Availability: InStock

Document Type

DOCX

Pages

Price: KES 150

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Document Overview

A Mortgage Loan Officer Employment Contract is a legally binding agreement between a financial institution or mortgage provider (the employer) and a Mortgage Loan Officer (the employee).

Key Components of the Contract:
1. Contract Title and Effective Date
2. Parties to the Agreement
3. Job Title and Scope of Work
4. Place of Work
5. Working Hours
6. Employment Duration and Probation
7. Remuneration and Incentives
8. Leave Entitlements
9. Performance Evaluation
10. Confidentiality and Data Protection
11. Conflict of Interest
12. Termination Clause
13. Return of Company Property
14. Non-Solicitation Clause
15. Dispute Resolution Mechanism
16. Governing Law
17. Signatures and Witnessing

Purpose of the Contract:
1. Clearly defines what the Mortgage Loan Officer is expected to do—e.g., sourcing clients, assessing creditworthiness, and preparing loan documents.
2. Aligns the employment relationship with Kenyan labor laws, financial sector regulations, and consumer protection principles.
3. Establishes expectations on salary, commissions, termination, and confidentiality to reduce disputes or misconduct.
4. Ensures procedures are followed in line with anti-money laundering (AML).

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Mortgage Loan Officer Employment Contract

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