FirstClose

FirstClose was founded in 2000 to bring the mortgage industry home equity specific technology. Until that time, financial organizations had to cobble together processes of their own to address borrowers’ home equity needs, none of which were optimal solutions. Today, our clients enjoy a platform that seamlessly integrates with their LOS to identify viable applicants faster, accelerate HELOCs and home equity loan closings, as well as improve the borrower experience, all while mitigating risk.

Our business focus solves for industry challenges, which we do with a client-first mentality. We see ourselves as your partner, listening to your needs, anticipating the products that will deliver the greatest value, and providing them. Our commitment to excellence drives everything we do, including reinvesting in future-facing strategies to continually improve the home equity space.

Our end-to-end platform focuses on 4 major areas:

Digital Application

• Give Customer Instant Feedback on Home Valuation, Available Equity & Loan Options
• Deliver Credit Decisions within 5-7 minutes
• Data Feeds Back to Your Decision Engine – Allows for an Instant Pre-Approved Offer with an Audit Trail

Borrower & Lender Portal

• Simplify Interactions between Borrowers, Providers and Your Institution
• Personal, Secure Portal for the Borrower in Your Branding
• Complete Initial Disclosures, Track “To-Dos” to Keep Loan on Schedule, Upload Documents, Schedule Closing

Order Management Services

• Venders Selected Based on Your Business Rules
• Ala-Carte or Automated Ordering
• Collaborate Online with All Parties Involved – Reducing Phone Calls, Emails, Faxes & Errors!
• Automatically Assign Vendors by Product, Loan Type & Geography
• All Data and Documents Flow to your LOS, including Custom Fields
• Standard & Custom Reports

Digital Closing

• Wet, Hybrid & eClosingExperiences Supported
• Enable Borrowers to Self-Schedule Closing
• Access to Remote Online Notary (RON) Networks
• Post-Close Access to All Signed Loan Documents