Washington State Housing Finance Commission

The buyer seeks proposals for a turnkey loan reservation system designed for housing finance agencies. The system will track loans from reservation through pooling, with potential expansion to servicing. The buyer runs successful open market, tax-exempt bond, and downpayment assistance programs. They have assisted over 110,000 households and seek a comprehensive system to manage their loan programs.

• 3/20/2025 - Pre-Bid Conference
• 3/24/2025 - Deadline to Submit Questions
• 3/28/2025 - Answers to Q&A Posted
• 4/16/2025 - Proposal Due Date

• Licensed to do business in Washington State
• Work with minimum 5 current/recent state Housing Finance Agency clients
• 5+ years experience developing housing industry technology solutions
• Staff with 5+ years mortgage banking experience
• Conduct annual SOC 2 audits
• Conduct annual penetration testing
• Maintain $5 million Cyber Insurance Policy

• Provide cloud-based loan reservation system accessible via internet
• Support customizable authentication settings and role-based access controls
• Implement dynamic lock desk with flexible pricing and scheduling
• Develop customizable workflows and automation triggers
• Create lending partner portal for user access and program management
• Generate customizable reports, charts and KPIs
• Enable in-application communication with originating lenders
• Support multiple MFA options for users
• Provide API for data sharing with other applications
• Perform data import of historical loan data