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Announcing VHDA’s QuickStart Online Product Eligibility Module

Date: October 17, 2002

TO: VHDA Originating Agents

Announcing VHDA’s QuickStart Online Product Eligibility Module

 

In an effort to improve service to prospective Virginia homeowners, VHDA has developed the first in a series of modules to allow lenders, REALTORS® and customers to check eligibility for VHDA products within seconds. While not designed to be a complete automated underwriting engine (i.e. FasTrak), this tool provides a preliminary check of sales price, income and loan limits and helps facilitate understanding of those VHDA products a borrower might want to consider.

The Process
After answering a few questions on VHDA's Web site, those prospective borrowers who meet the primary compliance checks will be presented with an Eligibility Certificate that they can take to a participating lender branch for normal application/underwriting procedures. When received, please copy this Eligibility Certificate and submit it to VHDA with the loan file to help us gauge the effectiveness of this new tool.

Click here to access QuickStart

What’s Next
The QuickStart eligibility module is the first step towards a series of consumer calculators, educational resources and pre-qualification features that we will launch online in January 2003.

Feedback
We greatly appreciate your feedback. Please review the QuickStart eligibility tool and e-mail us your comments and suggestions at your convenience.

Contact Us

Homeownership Program Department

Toll free: 800-227-8432
Local: 804-783-6725
Homeownership Staff Directory

Customer Service

Toll Free: 877-VHDA-123
Local: 804-782-1986

 

Virginia Relay

In Virginia: 711
Toll Free: 800-828-1140

 

VHDA Fraud, Waste or Abuse Hotline

Phone: 804-915-3146
Email: InternalAudit@vhda.com
Website: Reporting Fraud, Waste or Abuse