An approved lender is an independent contractor authorized to originate SC Housing mortgage loans. To become an approved lender, you must complete and submit the entire Application Package with required documents listed on the Application Submission Checklist and execute a Purchase and Sale Agreement.
SC Housing lenders must:
- Have a physical "brick & mortar" office in the state of South Carolina;
- Have a minimum net worth of $1,500,000;
- Be able to originate, process, underwrite and fund loans in your own company's name
- Lenders must also be approved by Lakeview Loan Servicing, SC Housing's master servicer
SC Housing lenders have the following duties and responsibilities:
- Establish and maintain eligibility to act as an originating agent for SC Housing
- Ensure that all personnel with any responsibility for SC Housing mortgage loans are familiar with and comply with SC Housing guidelines, requirements and procedures
- Ensure compliant and efficient originating, processing and closing of SC Housing mortgage loans and timely delivery of all required documents and services necessary including interim servicing of loans prior to purchase by SC Housing
- Deliver all required documents including final recorded documents after mortgage loans are closed
Lender Application Process
Submit a complete New Lender Application Form (PDF). We will process the application and send notification of our decision in approximately 10 business days. Please direct questions to mortgage.production@SCHousing.com or call 803.896.2211.
Lenders that are not approved by Lakeview Loan Servicing, may contact Lakeview Loan Servicing directly at 855.253.8439 or by email at CRM@bayviewloanservicing.com.
Loan applications for any of our mortgage loan or Mortgage Credit Certificate programs are accepted only from licensed loan officers employed by our approved lending partners. Knowledge of SC Housing programs and services is essential to successful loan origination. For this reason, loan officers should complete a training class designed specifically for lenders. Once completed, your contact information will be placed on our website as an official SC Housing Approved Lending Partner.
Training is offered at various locations throughout the state for your convenience.
Real Estate Professional
Partner with us! SC Housing makes it easy for real estate agents to understand our financing options and offer them to homebuyers across the state. To participate, it is essential that agents complete a training class to gain an understanding of the dynamics of our programs. Once completed, your contact information will be placed on our website as an official SC Housing Approved Real Estate Professional.
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Contact SC Housing
For more information, please call 803.896.2211 or contact our mortgage specialists at mortgage.production@schousing.com.