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Lenders can also see valuation data and loan balances, which gives them a good idea of a customer’s loan-to-value ratio.
FirstClose's system can also provide terrorist watch alerts from the Office of Foreign Assets Control as well as fraud alerts, furthering the lenders ability to make as informed a decision as possible.
Expert | By empowering vendor partners to integrate their solution into our product suite, we’re giving our clients access to a wider variety of services to meet their needs, including new categories like borrower asset verification and document aggregation.
Trevor Gauthier, President and COO, Mortgage Cadence