A national mortgage lender and agency direct seller-servicer, Caliber Funding, will open its new Correspondent Lending Operation unit in Florence, South Carolina. In mid-July the company plans to locate its new operations at 2210 Enterprise Drive, with plans to generate 100 new jobs over the next 12 months.

The Correspondent Channel starting up in Florence will be a new channel of production for Caliber. The company will employ underwriters, audit analysts, data entry staff as well as client relations positions.

“We were aware of the availability of a significant number of people who had correspondent lending experience in the past. These are the exact skill sets we need for our operation and felt this was a great chance to put many of these folks back to work right here in Florence,” said Tag Gallaher, vice president of Operations at Caliber Funding. “The support of the entire economic development team has been very helpful to us in our start up, and is sincerely appreciated.”

“It’s exciting to see another company recognize the benefits of doing business here in South Carolina. We celebrate Caliber Funding’s decision to create 100 new jobs in Florence and we look forward to seeing them grow here in the Palmetto State,” said Gov. Nikki Haley.

“Caliber Funding’s decision to locate operations here is another sign that South Carolina’s business-friendly climate and skilled talent are attracting companies to our state. These new jobs will have a big impact on the Florence area and beyond,” said Secretary of Commerce Bobby Hitt. Caliber Funding has already hired over 35 employees who have begun training in the readySC building on Florence Darlington Technical College’s campus.