FirstClose is a service of First Lenders Data, Inc. (FLDI), a privately held company based in Austin, Texas. Founded in 2001, the company provides cutting-edge technology solutions to mortgage lenders nationwide. FirstClose is a proprietary software platform designed to deliver mortgage lenders end-to-end solutions from loan application to closing. FirstClose also provides the most robust, yet user friendly vendor management system available. When used in its entirety, duplicate data entry is completely eliminated.
FirstClose offers lenders their choice of nationally recognized providers as well as local vendors. Services available include; credit reports which feed the automated underwriting and decisioning systems, automated valuation models (AVMs), guaranteed AVMs, AVM validation and back-testing, appraisals, gap valuation services, BPOs, flood determinations, flood insurance, property and casualty insurance, limited title searches, owners and encumbrance reports, legal and vesting reports, lien protection insurance, lien reports, title insurance, income verification, tax tracking services, document preparation, fraud detection, closing services, recording services, mortgage leads, foreclosure data, insurance services, and more. By utilizing the latest technology, combined with aggregated volume from its national client base, FirstClose is able to offer bundled solutions which increase efficiencies, reduce costs, and help lenders close more loans.
- Tedd R. Smith | CEO
“As CEO and board member of FLDI, Mr. Smith brings extensive knowledge of marketing, business development, and growth. Prior to creating FLDI, Mr. Smith co-founded and served as Vice President of Marketing for Flood Zones, Inc...”
- Gabriel Flores | COO
“As COO, Mr. Flores' duties entail supervising the daily operations including operations management, personnel, financial performance, customer service and the development of FLDI's strategies for IT positioning within the real estate marketplace...”
Our mission is to provide the most comprehensive mortgage settlement solutions - because choice matters.
The company's mission is to provide increased profitability and reduced cost to mortgage lenders by offering systems and relationships that enable them to more effectively assist their borrowers, reduce closing costs, and close more loans in less time.
FLDI makes every effort to listen closely to our customers and partners, and be genuine and real in our communication. We aim to positively delight and amaze our customers with service and support that are second to none.
We recognize that long-term profitability is essential to our success but we also remember to give back to the world by actively funding research that aims to advance the human condition.