South Carolina Sfaa Sfaa #5400029785

Solicitation for Underwriting Review Services for SC Housing Mortgage Programs

The South Carolina State Housing Finance & Development Authority is seeking a contractor to provide underwriting review services for its mortgage programs. - Government Buyer: - State of South Carolina - SC State Housing Finance & Development Authority - Procurement Officer: Ashish V. Kansupada - No specific Original Equipment Manufacturers (OEMs) or named vendors are referenced; this is a service-based solicitation. - Services Requested: - Eligibility Review (2,500 units): Review mortgage loan files for eligibility determination - Post Closing/Purchase Review (2,500 units): Review post-closing and purchase documentation - Final Documentation Review (2,500 units): Review final documentation for mortgage loans - Notable Requirements: - Contractor must have at least three years of mortgage lending experience - Must comply with confidentiality and data security requirements - Reviews must ensure compliance with SC Housing program requirements, including federal and state regulations, IRS rules, and homebuyer education overlays for FHA, VA, USDA, and conventional loans - Fixed pricing per review: $125 for eligibility and post-closing reviews, $75 for final documentation reviews - Work performed in Columbia, South Carolina - Contract includes automatic one-year renewals unless terminated by the state

Description

This solicitation is for underwriting reviews related to South Carolina Housing mortgages. The work involves reviewing mortgage underwriting files to ensure compliance with program requirements. The scope includes processing and evaluating mortgage credit certificates and homebuyer program guidelines. The delivery point for the work is Columbia, South Carolina, and the solicitation is issued by the Housing Authority. The submission deadline is September 3, 2027, at 3:00 PM.

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