FirstClose Report users have seen 60% reductions in turn-time and significant soft and hard cost savings.
The FirstClose Report is the first and only comprehensive home equity and refi tool to provide everything consumer lenders need to close on home equity, HELOC and refi loans more quickly and at a better price. Credit, valuation, flood, tax and title data is compiled into one easy-to-read report and returned within 30 seconds. FirstClose offers a proprietary, patent-pending software platform designed to deliver lenders end-to-end solutions from loan application to closing. FirstClose provides the most robust, yet user-friendly, vendor management system available to eliminate processing inefficiency and expedite closing times.
FirstClose offers multiple service options that can be tailored to meet your underwriting guidelines:
FirstClose offers various valuation options to fit any lender underwriting guidelines based on FICO, loan amount, and other criteria:
Not everything can be instant. Lenders can add the following to their FirstClose Report bundle or order these services a la carte through the web based software application or via their Loan Origination System:
If you need e-recording, courier, or walk-in recordings, FirstClose has the solution for you. With more and more counties coming on-line with e-recording capabilities, FirstClose is helping lenders record their loans faster and easier than ever.
FirstClose strives for refinance and home equity lending to be as easy and painless as possible by using cutting-edge, patent-pending technology that is backed by trusted industry partnerships to create a world-class solution.
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.
Are you ready to schedule a demo? Want to see a sample report? Contact us today: