Avista Solutions, a provider of Web-based mortgage loan origination software, has announced its latest integration with FHA Connection, an online portal that gives Federal Housing Administration (FHA)-approved lenders direct access to the U.S. Department of Housing & Urban Development’s (HUD) FHA loan origination functions.
Avista’s FHA Connection interface allows customers to easily assign FHA case numbers and request CAIVRS authentication without leaving the Avista Agile LOS. With applicable user rights, Avista users can edit, submit and view FHA case files through FHA Connection’s Case Number Assignment feature, and request CAIVRS authentication for FHA loan applicants using FHA Connection’s CAIVRS Authentication tool. The interface is also designed to automatically populate the 1003 forms of corresponding FHA loans with Case Number Assignment and CAIVRS Authentication data.
This new functionality increases the speed and accuracy of the FHA lending process for Avista customers by eliminating the need to enter duplicate FHA loan data onto 1003 forms manually. In addition, customers no longer have to visit the FHA Connection website for Case Number Assignment and CAIVRS Authentication task management.
“Our new FHA Connection interface gives customers the advantage of completing critical steps in the FHA lending process without exiting our system,” said Avista Solutions Chief Executive Officer Mark Phlieger. “For customers who originate FHA loans on a regular basis, this integration means a faster, more efficient business process with less room for error. We take great pride in making system updates that further streamline the lending process for our customers, and this is just another example of that.”
Avista customers who would like to access these FHA Connection services from their Avista Agile LOS should contact their Avista Relationship Manager.
For more information, visit www.AvistaSolutions.com.
