First-time Home Buyer Loans Administration Services

The buyer, a California government authority, requires a USA-based consultant to provide offsite administration services for its First-time Home Buyer Loans program. The selected vendor must manage the entire program cycle. Specific duties include conducting marketing and outreach for the Down Payment Assistance Program, holding a randomized lottery to determine household selection order, and handling loan origination, processing, and underwriting. Additionally, the consultant must verify prospective owner qualifications, issue conditional program approval letters, manage the close of escrow, and monitor and report program income from loan repayments and earned interest to fund future assistance loans. The buyer seeks proposal submissions to determine the budget. Interested vendors must attend a pre-bid meeting on August 26, 2026. Bidders must submit all questions by September 2, 2026.