Services are needed to support the Home Equity Conversion Mortgage (HECM) Loan Comparison and Underwriting Tool (HLCUT).

This is a SOLICITATION for commercial items prepared in accordance with the information in FAR Part 12 using Simplified Acquisition Procedures under the test program for commercial items found at FAR 13.5. The RFP number is 86615619R00015.The NAICS code is 541611.

The associated North American Industrial Classification System (NAICS) code for this procurement is 541611, with a small business size standard of $15M.

The Office of Housing Counseling (OHC) is responsible for the administration and oversight of HUDs Housing Counseling Program (HCP). The primary objectives of the Program are to improve financial literacy, expand homeownership opportunities, improve access to affordable housing and preserve homeownership. The purpose of this requirement is to provide a HECM Loan Comparison and Underwriting Online Tool HECM with both English and Spanish language capabilities to roster counselors with secure online access. The HLCUT must be 508-compliant.

The HLCUT shall provide calculations of all types of HECM loan products including cost of origination, servicing, mortgage insurance premium, amortization schedules, total annual loan cost and required client questions tracking. It shall also provide a financial assessment component consistent with HECM program requirements. The government will use a best value trade off process to make an award.

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