ARLINGTON, VA; March 29, 2023—With the recent U.S. Department of Agriculture (USDA,) Rural Development (RD) SURPASS modernization award, PhoenixTeam continues to deliver value to farmers and rural homeowners by providing increased access to homeownership opportunities through a modernized, cloud-based residential Loan Origination System (LOS) and a Point-of-Sale (POS) System. PhoenixTeam has partnered with Salesforce and ICE Mortgage Technology both of whom provide industry leading cloud products and mortgage lending solutions to help customers navigate ever changing regulations and automate manual workflows to close loans more efficiently with increased quality.

The Single Family Direct Home Loan program provides low and very low-income households the opportunity to own and/or repair modest homes in rural areas that are decent, safe, and sanitary. “We are honored to partner with USDA once again to deliver a solution that will help farmers and rural homeowners. This award validates that Phoenix is meeting its mission to reach every potential homeowner who turns to federal housing agencies for alternatives as they cannot get access to affordable homeownership through traditional means,” said Tanya Brennan, PhoenixTeam CEO and Managing Partner.

PhoenixTeam looks forward to supporting the USDA RD Direct Home Loan program fulfill its mission with modernized technology.

About PhoenixTeam
PhoenixTeam is a technology company that specializes exclusively in the design, delivery, and care of mortgage technology solutions in the federal and commercial spaces. Our dream is to enable affordable and accessible homeownership for all Americans through customer-centric technology solutions. We believe that by bringing joy and purpose back to software development, while bridging the gap between technology and business teams, we can really make a difference in the lives of clients and homeowners everywhere. PhoenixTeam is a woman and minority-owned small business headquartered in Arlington, Virginia.