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FirstClose ONE Platform to Revolutionize Home Equity Lending


Austin, Texas, October 22, 2019 – FirstClose, a leading provider of technology solutions for home equity lenders nationwide, announced the addition of its new and improved platform, FirstClose ONE.

FirstClose ONE is a comprehensive platform designed to give lenders access to all the tools they need to be successful in home equity lending, in one place. FirstClose ONE combines property and borrower data intelligence, consolidated vendor management, and a suite of rich ux/ui features to ensure that lenders are streamlining their loan fulfillment process in order to maximize profits.

The platform includes game changing automation like SMART Select, which uses intelligence logic to automatically select the title vendor with the best service, best price and best turn-time for each financial institution’s unique lending footprint. Features like this that make intelligent decisions for lenders are what sets the platform apart.

FirstClose ONE includes a rich and smooth user interface, seamless user experience, one-screen navigation, live production reports, and custom workflow management tools with the same quality of service FirstClose users have come to expect. Being accessible via a web app and the leading loan origination systems, lenders can operate more efficiently anytime, anywhere.

“We’ve been working on this initiative for the past year and it’s great to finally see it all come together” said Tedd Smith, CEO and co-founder of FirstClose. “Our product team has done a tremendous job of listening to our lenders and creating a platform that’s truly designed for their needs. We are confident with this great technology that lenders can be more efficient and productive with FirstClose ONE.”

Client | Turn-time has significantly reduced over the year. I believe it’s dropped almost seven days, so it’s been a pretty big gain from that. We’ve been able to reduce our days-to-close roughly from 40 days down to about 30 days.

Josh Hurley, Lending Supervisor, Umpqua Bank