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Mortgage Loan Processing and Origination Services

Open
State & Local

Contract Overview

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This subcontract for Mortgage Loan Processing and Origination Services supports prime contractors on lending projects for the Oregon Housing and Community Services Department. The scope of work involves comprehensive mortgage origination administrative tasks, including reviewing applications, qualifying borrowers, collecting necessary documentation, coordinating fund reservations, and managing the closing process to deliver completed, qualified loan files. Operational requirements include the use of Loan Origination Systems and secure PII portals, as well as strict adherence to BSA/AML compliance. To ensure effective performance, staff must be located within Oregon or within 50 miles of the state border. The project is centered in Salem, Oregon, under NAICS code 522110.

General Info

Subcontract for mortgage loan processing and origination services for Oregon Housing and Community Services.

Place of Performance

Salem, OR, 97310-1226, USA

Set-Aside

NONE

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Timeline

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Organization & Contact Information

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AgencyOregon → Housing and Community Services Department
ContactsNo contacts available
OfficeN/A
Office AddressN/A
ContactsNo contact information available

Full Description

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Performs mortgage origination administrative tasks for prime contractors on Oregon Housing and Community Services Department (OHCS) lending projects. Reviews applications, qualifies borrowers, collects documentation, coordinates fund reservations, and manages the closing process. Utilizes Loan Origination Systems (LOS) and secure PII portals. Requires staff located in Oregon or within 50 miles of the border and BSA/AML compliance. Delivers completed, qualified mortgage loan files.

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Same NAICS industry code

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Purchasing

POSTED

2 days ago

DEADLINE

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View Details
NAICS: 522110
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POSTED

3 days ago

DEADLINE

in 7 days
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More opportunities from Oregon → Housing and Community Services Department

Same awarding agency

NAICS: 522292
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The Oregon Housing and Community Services Department (OHCS) is establishing the Flex Lending Program through RFA 9305 to increase homeownership access for low to moderate income families in Oregon. This solicitation seeks to create a pool of up to 100 approved mortgage lenders to originate, underwrite, and deliver mortgages to the Department or its servicers. Selected lenders will enter into agreements for a potential term of up to 10 years and must adhere to guidelines set by Government Sponsored Entities (GSEs) such as Fannie Mae, Freddie Mac, and Ginnie Mae, as well as FIRREA appraisal standards. Lenders are responsible for qualifying borrowers, managing fund reservations, and ensuring homebuyers complete education from an approved counselor. To qualify, applicants must maintain a public office in Oregon or within 50 miles of the state border, and owners with more than 10 percent ownership must possess at least five years of industry experience. The application process is evaluated on a pass/fail basis, requiring a non-refundable 1,500 dollar application fee and a 1,000 dollar annual renewal fee. Complete application packages, including corporate resolutions, tax affidavits, and certifications regarding the Bank Secrecy Act and Anti-Money Laundering, must be submitted in PDF format to the designated procurement contact. The program is governed by Oregon law, with judicial venue in the Circuit Court of Marion County.
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POSTED

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