Loan Administration Services

Location: Florida
Posted: Jun 23, 2026
Due: Jun 30, 2026
Agency: Pinellas County
Type of Government: State & Local
Category:
  • R - Professional, Administrative and Management Support Services
Solicitation No: 26-0643-ITQ
Publication URL: To access bid details, please log in.


Project ID: 26-0643-ITQ

Title: Loan Administration Services

Addenda: 1

Release Date: 6/12/2026

Due Date: 6/30/2026

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Loan Administration Services
Last updated by Addendum #1 on Jun 24, 2026 3:45 AM See what changed
Invitation to Quote (ITQ)
HOUSING AND COMMUNITY DEVELOPMENT
91849 , 94600 , 94648 , 94649 , 94660 ... show all
Project ID: 26-0643-ITQ
Release Date: Friday, June 12, 2026
· Due Date: Tuesday, June 30, 2026 3:00pm
Posted Tuesday, June 23, 2026 2:44pm
All dates & times in Eastern Time
Draft Response No Bid6 days, 17 hours, 43 minutes


Post Information

Posted At:Tue, Jun 23, 2026 2:44 PM
Sealed Bid Process:No
Private Bid:No
Overview


Summary

In accordance with the attached specifications, Pinellas County intends to establish a contract with a qualified and experienced loan servicer for Loan Administration Services, as and when required, for the County’s mortgage loan portfolio. This contract will include, but is not limited to, the items listed in the Scope of Work.



Background

Pinellas County desires to contract for Loan Administration Services for Pinellas County's amortizing loan portfolio consisting of amortizing mortgages with and without escrow. Loans in the County’s portfolio are funded through various sources including, but not limited to:

Federal Funding

  • Community Development Block Grant (CDBG) Program
  • HOME Investment Partnerships (HOME) Program
  • Neighborhood Stabilization Program (NSP)

State of Florida Funding

  • State Housing Initiatives Partnership (SHIP) Program

Local Government Funding

  • Pinellas County Housing Trust Fund (HTF)
  • Pinellas County General Fund (GF)

The following data for the loan portfolio is current as of 3/31/2026.

  • Number of Loans: 272
  • Number of Escrowed Loans: 24
  • Principal Balance: $12,704,707.96
  • Terms: Fixed-rate loans ranging in interest rates from 0-5%
  • Types of Loans:
    • 1st Mortgage
    • 2 nd Mortgage Down Payment Assistance
    • Multi-Family Development
    • Home Improvement
    • Mortgages held on properties in Pinellas County Land Trust
  • Performance: Current Delinquency Rate > 30 day is 15%
  • Average New Loans Monthly: 1-2


Timeline

Release Project Date:
June 12, 2026
Pinellas County Certified Small Business Enterprise Date:
June 25, 2026
Proposal Submission Deadline:
June 30, 2026, 3:00pm
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