St. Lucie County Lending Consortium
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St. Lucie County Lending Consortium | |||||
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Bank Institution |
Contact |
Telephone |
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Paul Kenney |
(772) 223-3871 |
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Arlene Newson Dawn Lawson |
(772) 216-9858 (772) 361-3031 |
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Audrey Allen Lucy Kranker Sylvia Soto-Martin |
(866) 630-2944 (866) 629-6443 |
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Vanessa Farnes Grace Monforte |
(772) 871-6603 (772) 340-0773 |
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Susan Plant Melanie Ruef Tammy Ross |
(772) 419-6183 (772) 403-3092 (772) 370-3026 |
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Click here for a printable version of the St. Lucie County Lending Consortium List.
St. Lucie County Housing Division works exclusively with these vendors in order to protect borrowers from predatory lending. Predatory Lending refers to lending practices that take advantage of vulnerable borrowers. This can take the form of aggressive sales tactics, abusive loan terms, deception, excessive cost burden with monthly payments, risk based pricing and others. Cost Burden refers to the amount that gross housing costs exceed 30% of gross income.
Applicants are encouraged to obtain three lender estimates as approval amounts and interest rates vary.
2011 St. Lucie Lender's Consortium Scheduled Meetings
The Meetings held every other month by Conference Call, please contact (772) 462-1290 for phone number and access code:
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Meeting Date |
Meeting Time |
Meeting Location |
| January 11, 2012 | 3:00 pm to 4:30 pm | Conference Call |
| March 14, 2012 | 3:00 pm to 4:30 pm | Conference Call |
| May 09, 2012 | 3:00 pm to 4:30 pm | Conference Call |
| July 11, 2012 | 3:00 pm to 4:30 pm | Conference Call |
| September 12, 2012 | 3:00 pm to 4:30 pm | Conference Call |
| November 14, 2012 | 3:00 pm to 4:30 pm | Conference Call |
If you are a lender who is interested in joining the consortium, please contact the chairperson:
Teresa Idzior, SVP Credit Compliance Manager, CRA & Reg O Officer
Seacoast National Bank
815 Colorado Avenue
Stuart, FL 34994
Ph: (772) 221-2947
Fax: (772) 288-6081
Email: teresa.idzior@seacoastnational.com
As part of the Consortium, lender's must agree to:
- Attend semi-monthly meetings
- Sponsor a Home Buyer's Workshop
- Charge no origination fees or points
- Use underwriting guidelines based on community lending products for FNMA, FHLMC, or FHA
- Always escrow taxes and insurance
Additionally, provide a Special Lending Package to purchase assistance applicants which contain the following:
- Reduced application fees
- Fixed rate mortgages at reduced rates (FNMA 30-60 day rounded up to the nearest 0.125%)
- Conventional or FHA (Federal Housing Administration) 30 year mortgages
- Waive PMI on loans from 80 - 90% loan to value ration (conventional loans only)
- Waive all fees, except those to third parties (i.e., no doc prep, underwriting fees, processing fees, brokerage fees, etc when they are paid to the lender)
For more information contact:
St. Lucie County Community Services
Housing Division
437 N. 7th Street
Fort Pierce, FL 34950
Ph: (772) 462-1290
Fax: (772) 462-2855
email: comm_info@stlucieco.org
All information included in these pages are subject to change and/or revision without notice.