Loan Administration Services
| Location: | Florida |
|---|---|
| Posted: | Jun 23, 2026 |
| Due: | Jun 30, 2026 |
| Agency: | Pinellas County |
| Type of Government: | State & Local |
| Category: |
|
| 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
Post Information
Sealed Bid Process:No
Private Bid:No
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
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