FirstClose—Your ONE Source for Property Data Intelligence
FirstClose is a highly respected provider of best-in-class property and borrower data intelligence and settlement services nationwide. FirstClose specializes in delivering a powerful web app and LOS plugin that is the industry’s first and only home equity and refi tool that offers everything from application to servicing (credit score, valuation, title, tax, flood, closing and recording) on one easy-to-navigate platform. FirstClose ONE Automation includes:
Suitability Logic – determines the best suitable product based on property data intelligence.
GeoLogic – determines the best appraisal vendor based on geographic competency.
SMART Select – determines best title vendor based on price and turn-time.
Instant Title – streamlines the title search process with faster turn-times.
With accelerated property and borrower data intelligence, automation, a full suite of solutions and a simplified process, FirstClose users have seen up to 40% reduction in turn-times and significant cost savings, leveling the playing field for lenders of all sizes.
Simplified Vendor Management
By consolidating vendors and products on one platform, FirstClose makes it easy to identify and repair the gaps where lender profits can be maximized. FirstClose evaluates where vendors are underperforming and provides instant options that are a better fit. This allows lenders to speed up turn-times, reduce origination costs, and increase overall productivity.
Flexibility – ability to switch vendors at will under one Master Service Agreement.
Add Your Own – ability to add local appraiser and title vendors, without any integration costs.
With the flexibility of the FirstClose platform, coupled with the FirstClose Master Service Agreement, lenders can easily swap providers with a click of a button— no new vendor contract negotiations, no vetting, no minimums, and no hassles.
Experience the FirstClose Difference
Not all business partners are created equal. Many just focus on delivering data on a static report and help lenders can decipher how to use it or provide a list of un-vetted settlement service providers that might work for lenders. This approach is inefficient, unwieldy, and doesn’t deliver the cost savings lenders desperately need to compete in today’s market.
What puts FirstClose in a class of its own is the combination of world-class technology with live ordering monitoring which accelerates turn-times, and saving lenders time and money. Our dedicated account managers track your daily activity and orders and they will engage directly with the vendors when there is a problem.
FirstClose's superior property and borrower data intelligence, dynamic vendor management selection, and practical, street-wise knowledge of home equity and refi lending simplify workflow so that lenders can lend confidently. This improves the customer experience of the borrowers and reduces costs across the enterprise.
Delivering ONE Amazing Solution
The future of successful lending involves leveraging property and borrower data intelligence instantly, applying technology in innovative ways to create solutions that bring together data, best practices, and vendor management processes to meet lenders unique business needs.
ONE Platform – no need to go to several sites and get bogged down with a lot of data entry.
ONE Customized Report – all the information you need to close a loan in on one easy to read report.
ONE Customer Service Department – one dedicated account manager to service all your order outs.
ONE Agreement – gives you access to our entire network of products and services.
ONE Invoice – easy to reconcile all your orders.
When lenders must focus on putting the profit back into mortgage lending, increasing production, decreasing turn-times, and maximizing vendor management, demand a partner who can amaze. Demand FirstClose—Your ONE Source for Property and Borrower Data Intelligence.
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